Graney & King LLC Purchases 40,357 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Graney & King LLC grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 12.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 372,385 shares of the company’s stock after purchasing an additional 40,357 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF accounts for 10.0% of Graney & King LLC’s investment portfolio, making the stock its 2nd biggest position. Graney & King LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $18,634,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bull Harbor Capital LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter worth approximately $844,000. Sunbelt Securities Inc. increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 40.7% in the 1st quarter. Sunbelt Securities Inc. now owns 48,815 shares of the company’s stock valued at $2,443,000 after acquiring an additional 14,128 shares during the period. Core Wealth Advisors Inc. bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter valued at $406,000. Royal Bank of Canada raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 24.2% during the 1st quarter. Royal Bank of Canada now owns 376,609 shares of the company’s stock valued at $18,846,000 after acquiring an additional 73,492 shares in the last quarter. Finally, Gateway Wealth Partners LLC boosted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 62.7% during the 1st quarter. Gateway Wealth Partners LLC now owns 9,830 shares of the company’s stock worth $492,000 after acquiring an additional 3,787 shares during the period.

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

NASDAQ:GPIX opened at $54.23 on Thursday. 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 has a market cap of $4.82 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The business has a fifty day moving average of $55.21 and a 200-day moving average of $53.48.

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

The business also recently disclosed a dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st were issued a $0.3937 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.