Wedbush Securities Inc. Has $2.31 Million Stock Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Wedbush Securities Inc. grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 229.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,950 shares of the company’s stock after purchasing an additional 27,831 shares during the period. Wedbush Securities Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,305,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Compass Financial Management LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth approximately $2,715,000. Insight Wealth Strategies LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 37.7% during the 2nd quarter. Insight Wealth Strategies LLC now owns 13,158 shares of the company’s stock valued at $725,000 after purchasing an additional 3,602 shares in the last quarter. Canvas Wealth Advisors LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 9.0% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 11,586 shares of the company’s stock valued at $644,000 after purchasing an additional 961 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 6.0% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 91,765 shares of the company’s stock valued at $5,099,000 after purchasing an additional 5,187 shares during the last quarter. Finally, Castle Rock Wealth Management LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 2.5% in the second quarter. Castle Rock Wealth Management LLC now owns 65,111 shares of the company’s stock worth $3,588,000 after purchasing an additional 1,566 shares in the last quarter.

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

Shares of NASDAQ:GPIX opened at $56.34 on Monday. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $48.46 and a twelve month high of $56.74. The firm has a market cap of $5.11 billion, a PE ratio of 25.98 and a beta of 0.84. The business has a fifty day moving average of $55.56 and a 200-day moving average of $53.96.

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

The business also recently announced a monthly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, August 3rd were paid a $0.3916 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%.

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.