Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stake Raised by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 15.2% in the 4th quarter, Holdings Channel reports. The fund owned 318,387 shares of the company’s stock after purchasing an additional 42,075 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $16,811,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of GPIX. Royal Bank of Canada lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 419.4% in the 1st quarter. Royal Bank of Canada now owns 103,307 shares of the company’s stock worth $4,815,000 after acquiring an additional 83,419 shares in the last quarter. Jane Street Group LLC lifted its stake in 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 acquiring an additional 73,424 shares in the last quarter. Cerity Partners LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth about $347,000. Raymond James Financial Inc. purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth about $1,577,000. Finally, White Knight Strategic Wealth Advisors LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 7.2% in the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 15,360 shares of the company’s stock worth $765,000 after acquiring an additional 1,026 shares in the last quarter.

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

Shares of GPIX stock opened at $56.09 on Monday. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $47.49 and a fifty-two week high of $56.19. The stock’s 50-day moving average is $53.01 and its two-hundred day moving average is $52.69. The firm has a market cap of $3.81 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The company also recently announced a dividend, which was paid on Thursday, May 7th. Shareholders of record on Friday, May 1st were given a $0.3831 dividend. The ex-dividend date of this dividend was Friday, May 1st. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35.

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.