Royal Bank of Canada Raises Stock Holdings in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Royal Bank of Canada grew its position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 24.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 376,609 shares of the company’s stock after acquiring an additional 73,492 shares during the quarter. Royal Bank of Canada owned about 0.55% of Goldman Sachs S&P 500 Core Premium Income ETF worth $18,846,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Gateway Wealth Partners LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 62.7% in the first quarter. Gateway Wealth Partners LLC now owns 9,830 shares of the company’s stock valued at $492,000 after purchasing an additional 3,787 shares during the period. Waverly Advisors LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 653.7% during the 1st quarter. Waverly Advisors LLC now owns 84,612 shares of the company’s stock valued at $4,234,000 after acquiring an additional 73,386 shares during the last quarter. Wealth Alliance LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 3.7% during the 1st quarter. Wealth Alliance LLC now owns 6,213 shares of the company’s stock worth $311,000 after acquiring an additional 219 shares during the period. Renaissance Technologies LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter worth approximately $1,276,000. Finally, Hilltop Holdings Inc. grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 15.2% in the 1st quarter. Hilltop Holdings Inc. now owns 5,484 shares of the company’s stock valued at $274,000 after purchasing an additional 725 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.1%

NASDAQ:GPIX opened at $56.11 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $48.46 and a 12-month high of $56.52. The stock’s 50 day simple moving average is $55.23 and its 200-day simple moving average is $53.59. The firm has a market cap of $5.09 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 7th. Investors of record on Monday, August 3rd will be given a $0.3916 dividend. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date is Monday, August 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.