72,439 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Bought by Private Wealth Partners LLC

Private Wealth Partners LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 72,439 shares of the company’s stock, valued at approximately $4,044,000.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% in the 1st quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock worth $147,971,000 after purchasing an additional 523,224 shares in the last quarter. Cornerstone Advisory LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 19.6% during the 1st quarter. Cornerstone Advisory LLC now owns 1,599,317 shares of the company’s stock worth $80,030,000 after purchasing an additional 262,596 shares during the last quarter. SK Wealth Management LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 4.4% during the 1st quarter. SK Wealth Management LLC now owns 909,777 shares of the company’s stock worth $45,753,000 after purchasing an additional 38,055 shares during the last quarter. Modern Wealth Management LLC grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% in the first quarter. Modern Wealth Management LLC now owns 582,931 shares of the company’s stock valued at $29,147,000 after purchasing an additional 326,488 shares in the last quarter. Finally, Kintra Wealth LLC grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.5% in the second quarter. Kintra Wealth LLC now owns 490,051 shares of the company’s stock valued at $27,771,000 after purchasing an additional 58,462 shares in the last quarter.

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

Shares of GPIX stock traded down $0.22 during trading hours on Friday, reaching $55.43. The company had a trading volume of 1,060,699 shares, compared to its average volume of 942,645. 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 $6.24 billion, a price-to-earnings ratio of 25.98 and a beta of 0.83. The stock has a fifty day moving average of $55.96 and a 200-day moving average of $55.20.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Thursday, October 1st were issued a $0.3970 dividend. This represents a $4.76 annualized dividend and a yield of 8.6%. The ex-dividend date was Thursday, October 1st. This is a decrease from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974.

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.