Prosperity Financial Group Inc. Boosts Stake in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Prosperity Financial Group Inc. raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 9.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 49,229 shares of the company’s stock after acquiring an additional 4,150 shares during the period. Prosperity Financial Group Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,453,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 0.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 43,708 shares of the company’s stock worth $2,037,000 after buying an additional 405 shares in the last quarter. Northeast Financial Group Inc. purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter worth about $4,843,000. Comprehensive Money Management Services LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth about $259,000. Stratos Wealth Partners LTD. purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth about $782,000. Finally, KWB Wealth purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth about $271,000.

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

Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $52.13 on Thursday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $40.01 and a 52 week high of $52.46. The business has a 50-day simple moving average of $51.54 and a 200 day simple moving average of $49.18. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 25.98 and a beta of 0.82.

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

The company also recently declared a monthly dividend, which was paid on Tuesday, October 7th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.369 per share. This represents a c) annualized dividend and a yield of 8.5%. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Wednesday, October 1st.

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.