Cedarwood Wealth LLC Takes Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Cedarwood Wealth LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 43,910 shares of the company’s stock, valued at approximately $2,338,000. Goldman Sachs S&P 500 Core Premium Income ETF comprises about 2.6% of Cedarwood Wealth LLC’s portfolio, making the stock its 8th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 50.9% in the fourth quarter. LPL Financial LLC now owns 4,282,956 shares of the company’s stock valued at $226,140,000 after acquiring an additional 1,445,041 shares during the last quarter. Bank of America Corp DE increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% during the 3rd quarter. Bank of America Corp DE now owns 1,627,328 shares of the company’s stock valued at $84,995,000 after purchasing an additional 857,957 shares during the last quarter. Hilton Capital Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at about $40,208,000. Wells Fargo & Company MN raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 723.5% during the 4th quarter. Wells Fargo & Company MN now owns 660,520 shares of the company’s stock valued at $34,875,000 after buying an additional 580,313 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 7,735.9% during the 4th quarter. Cerity Partners LLC now owns 545,924 shares of the company’s stock valued at $28,825,000 after buying an additional 538,957 shares in the last quarter.

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

NASDAQ:GPIX opened at $55.50 on Friday. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The business has a 50 day moving average of $54.54 and a 200 day moving average of $53.01. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $48.20 and a 1-year high of $56.19.

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

The firm also recently declared a dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3969 per share. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.38. The ex-dividend date of this dividend was Monday, June 1st.

Goldman Sachs S&P 500 Core Premium Income ETF Company 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.