19,946 Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. lessened its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 49.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,004 shares of the company’s stock after selling 19,946 shares during the period. Wedbush Securities Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $1,117,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GPIX. Bank of America Corp DE increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% during the first quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock worth $147,971,000 after acquiring an additional 523,224 shares during the last quarter. WNY Asset Management LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter valued at about $19,197,000. Modern Wealth Management LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% in the 1st quarter. Modern Wealth Management LLC now owns 582,931 shares of the company’s stock valued at $29,147,000 after purchasing an additional 326,488 shares in the last quarter. Capital Analysts LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13,429.5% in the 2nd quarter. Capital Analysts LLC now owns 304,548 shares of the company’s stock valued at $16,924,000 after purchasing an additional 302,297 shares in the last quarter. Finally, Richmond Investment Services LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter valued at about $13,743,000.

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

Shares of NASDAQ:GPIX opened at $55.43 on Monday. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $48.46 and a 1 year high of $56.74. The stock has a market capitalization of $6.24 billion, a P/E ratio of 25.98 and a beta of 0.83. The stock has a 50-day simple moving average of $55.96 and a 200-day simple moving average of $55.23.

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

The firm also recently declared a monthly dividend, which was paid on Wednesday, October 7th. Investors of record on Thursday, October 1st were issued a $0.3970 dividend. The ex-dividend date was Thursday, October 1st. This is a negative change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. This represents a $4.76 annualized dividend and a yield of 8.6%.

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.