Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Newly Acquired by Tactive Advisors LLC

Tactive Advisors LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 3rd quarter, Holdings Channel.com reports. The fund bought 25,922 shares of the company’s stock, valued at approximately $1,447,000.

Other hedge funds have also recently added to or reduced their stakes in the company. NWF Advisory Services Inc. acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth about $612,000. SMART Wealth LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 101.9% during the second quarter. SMART Wealth LLC now owns 44,456 shares of the company’s stock worth $2,470,000 after purchasing an additional 22,435 shares in the last quarter. Townsend Asset Management Corp NC ADV lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 354.7% in the first quarter. Townsend Asset Management Corp NC ADV now owns 81,854 shares of the company’s stock worth $4,096,000 after purchasing an additional 63,854 shares during the period. Concurrent Investment Advisors LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 232.2% in the second quarter. Concurrent Investment Advisors LLC now owns 29,182 shares of the company’s stock worth $1,622,000 after purchasing an additional 20,398 shares during the period. Finally, Hixon Zuercher LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter valued at $507,000.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 0.5%

Goldman Sachs S&P 500 Core Premium Income ETF stock traded down $0.26 during midday trading on Thursday, hitting $56.09. The company’s stock had a trading volume of 757,622 shares, compared to its average volume of 927,145. The stock’s 50-day moving average price is $55.99 and its 200-day moving average price is $54.72. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $48.46 and a 12 month high of $56.74. The company has a market capitalization of $6.11 billion, a PE ratio of 25.98 and a beta of 0.83.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, October 1st were given a dividend of $0.3970 per share. This is a drop from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. The ex-dividend date was Thursday, October 1st. This represents a $4.76 dividend on an annualized basis and a dividend yield of 8.5%.

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.