Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Position Boosted by Mission Wealth Management LP

Mission Wealth Management LP lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 13.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 145,749 shares of the company’s stock after purchasing an additional 17,215 shares during the period. Mission Wealth Management LP’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $7,612,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GPIX. Bank of America Corp DE bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth approximately $38,330,000. Americana Partners LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13,679.1% in the 3rd quarter. Americana Partners LLC now owns 732,086 shares of the company’s stock valued at $38,237,000 after acquiring an additional 726,773 shares during the last quarter. Pineridge Advisors LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at approximately $29,676,000. Bank of New York Mellon Corp bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth $13,632,000. Finally, Envestnet Asset Management Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth $13,194,000.

Goldman Sachs S&P 500 Core Premium Income ETF Price Performance

GPIX stock opened at $53.09 on Tuesday. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $40.01 and a 1-year high of $53.55. The firm has a fifty day moving average price of $52.87 and a two-hundred day moving average price of $51.98.

Goldman Sachs S&P 500 Core Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 6th. Investors of record on Monday, February 2nd will be given a dividend of $0.3763 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.38.

Goldman Sachs S&P 500 Core Premium Income ETF Profile

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.