Avalon Capital Management Acquires 2,208 Shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Avalon Capital Management grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 4.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,849 shares of the company’s stock after purchasing an additional 2,208 shares during the period. Avalon Capital Management’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,416,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. US Bancorp DE raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% during the third quarter. US Bancorp DE now owns 2,375 shares of the company’s stock worth $117,000 after acquiring an additional 625 shares in the last quarter. Private Trust Co. NA increased its holdings 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 valued at $159,000 after purchasing an additional 1,100 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth approximately $201,000. Park Avenue Securities LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at $249,000. Finally, Princeton Global Asset Management LLC boosted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 13.3% in the 3rd quarter. Princeton Global Asset Management LLC now owns 5,450 shares of the company’s stock valued at $268,000 after buying an additional 640 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 0.4 %

GPIX stock opened at $49.69 on Tuesday. The business has a fifty day moving average of $49.99 and a 200-day moving average of $49.32. The company has a market cap of $432.30 million, a P/E ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $44.06 and a twelve month high of $50.84.

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

The company also recently disclosed a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.3575 per share. The ex-dividend date was Monday, February 3rd.

Goldman Sachs S&P 500 Core Premium Income ETF Company 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.