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

SMART Wealth LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the first quarter, Holdings Channel.com reports. The fund acquired 22,021 shares of the company’s stock, valued at approximately $1,102,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 419.4% during the first quarter. Royal Bank of Canada now owns 103,307 shares of the company’s stock valued at $4,815,000 after purchasing an additional 83,419 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 857.0% in the 1st quarter. Jane Street Group LLC now owns 81,992 shares of the company’s stock worth $3,822,000 after purchasing an additional 73,424 shares in the last quarter. Cerity Partners LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth about $347,000. Raymond James Financial Inc. bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at about $1,577,000. Finally, White Knight Strategic Wealth Advisors LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 7.2% during the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 15,360 shares of the company’s stock valued at $765,000 after purchasing an additional 1,026 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.7%

Shares of NASDAQ GPIX opened at $55.57 on Wednesday. The stock has a market cap of $3.77 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 $48.46 and a 1-year high of $56.19. The stock’s 50-day moving average is $54.88 and its 200 day moving average is $53.13.

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 given a dividend of $0.3969 per share. The ex-dividend date was Monday, June 1st. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.38.

About Goldman Sachs S&P 500 Core Premium Income ETF

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.