Collective Family Office LLC Purchases 522 Shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Collective Family Office LLC boosted its position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 7.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,697 shares of the company’s stock after purchasing an additional 522 shares during the quarter. Collective Family Office LLC owned about 0.11% of Goldman Sachs S&P 500 Core Premium Income ETF worth $381,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GPIX. Moors & Cabot Inc. boosted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 6.7% in the 3rd quarter. Moors & Cabot Inc. now owns 9,349 shares of the company’s stock valued at $459,000 after purchasing an additional 591 shares during the period. US Bancorp DE boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% in the third quarter. US Bancorp DE now owns 2,375 shares of the company’s stock valued at $117,000 after buying an additional 625 shares during the period. Princeton Global Asset Management LLC grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 13.3% during the third quarter. Princeton Global Asset Management LLC now owns 5,450 shares of the company’s stock worth $268,000 after buying an additional 640 shares in the last quarter. Private Trust Co. NA increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 51.5% during the 3rd quarter. Private Trust Co. NA now owns 3,234 shares of the company’s stock worth $159,000 after acquiring an additional 1,100 shares during the period. Finally, Fortress Wealth Management Inc. increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 5.7% during the 3rd quarter. Fortress Wealth Management Inc. now owns 22,002 shares of the company’s stock worth $1,080,000 after acquiring an additional 1,182 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.1 %

Shares of GPIX traded up $0.03 during trading hours on Wednesday, hitting $49.35. 36,485 shares of the company were exchanged, compared to its average volume of 139,077. The company has a market cap of $360.26 million, a price-to-earnings ratio of 24.02 and a beta of 0.82. The firm’s fifty day moving average is $49.99 and its 200 day moving average is $48.66. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $43.63 and a fifty-two week high of $50.82.

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

The company also recently announced a monthly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, January 3rd will be issued a $0.3496 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. This represents a $4.20 annualized dividend and a yield of 8.50%. The ex-dividend date of this dividend is Friday, January 3rd.

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.