Kintra Wealth LLC Has $27.77 Million Stake in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Kintra Wealth LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 13.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 490,051 shares of the company’s stock after buying an additional 58,462 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF makes up approximately 1.5% of Kintra Wealth LLC’s investment portfolio, making the stock its 20th biggest position. Kintra Wealth LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $27,771,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Manchester Capital Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth $30,000. Private Wealth Asset Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at $34,000. Highland Investment Advisors LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at $34,000. Tsfg LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth $45,000. Finally, Franklin Resources Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth $53,000.

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

Shares of NASDAQ GPIX opened at $56.04 on Friday. The stock has a market capitalization of $5.08 billion, a P/E ratio of 25.98 and a beta of 0.84. The stock’s fifty day moving average is $55.67 and its 200 day moving average is $54.07. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $48.46 and a 52 week high of $56.74.

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

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.3974 per share. The ex-dividend date is Tuesday, September 1st. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.39. This represents a c) dividend on an annualized basis and a yield of 8.5%.

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.