Apollon Wealth Management LLC Takes $1.35 Million Position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Apollon Wealth Management LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 27,592 shares of the company’s stock, valued at approximately $1,354,000. Apollon Wealth Management LLC owned approximately 0.53% of Goldman Sachs S&P 500 Core Premium Income ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Jmac Enterprises LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 15.0% in the 3rd quarter. Jmac Enterprises LLC now owns 101,919 shares of the company’s stock worth $5,003,000 after buying an additional 13,323 shares during the last quarter. Private Wealth Partners LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 7.7% in the 3rd quarter. Private Wealth Partners LLC now owns 41,754 shares of the company’s stock worth $2,050,000 after buying an additional 3,000 shares during the last quarter. Princeton Global Asset Management LLC lifted 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 worth $268,000 after buying an additional 640 shares during the last quarter. US Bancorp DE lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% in the 3rd quarter. US Bancorp DE now owns 2,375 shares of the company’s stock worth $117,000 after buying an additional 625 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter worth approximately $280,000.

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

NASDAQ:GPIX opened at $50.10 on Friday. The business has a 50 day moving average of $48.81 and a 200 day moving average of $47.65. The company has a market capitalization of $260.52 million, a price-to-earnings ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $42.15 and a 1-year high of $50.44.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Monday, November 4th were given a $0.3427 dividend. The ex-dividend date was Monday, November 4th. This represents a $4.11 annualized dividend and a yield of 8.21%. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.30.

Goldman Sachs S&P 500 Core Premium Income ETF 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.