Northeast Financial Group Inc. Acquires 171,817 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Northeast Financial Group Inc. increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 150.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 286,368 shares of the company’s stock after buying an additional 171,817 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF comprises approximately 3.7% of Northeast Financial Group Inc.’s holdings, making the stock its 7th biggest position. Northeast Financial Group Inc. owned 0.75% of Goldman Sachs S&P 500 Core Premium Income ETF worth $14,957,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Next Level Private LLC raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1.9% during the 3rd quarter. Next Level Private LLC now owns 14,084 shares of the company’s stock worth $735,000 after purchasing an additional 264 shares during the period. Wolff Wiese Magana LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 163.2% during the 3rd quarter. Wolff Wiese Magana LLC now owns 487 shares of the company’s stock worth $25,000 after buying an additional 302 shares during the last quarter. Salem Investment Counselors Inc. grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 14.0% during the 3rd quarter. Salem Investment Counselors Inc. now owns 2,850 shares of the company’s stock worth $149,000 after buying an additional 350 shares during the last quarter. Balboa Wealth Partners increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 5.3% in the third quarter. Balboa Wealth Partners now owns 7,866 shares of the company’s stock worth $411,000 after buying an additional 396 shares during the period. Finally, Comprehensive Money Management Services LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 8.5% in the third quarter. Comprehensive Money Management Services LLC now owns 5,650 shares of the company’s stock valued at $295,000 after buying an additional 445 shares during the last quarter.

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

Shares of GPIX opened at $52.46 on Friday. The firm has a fifty day moving average of $52.84 and a 200-day moving average of $52.15. The company has a market cap of $2.94 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.

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

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a $0.3763 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.38. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 8.6%.

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.