Chung Wu Investment Group LLC Acquires 13,210 Shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Chung Wu Investment Group LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 83.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,050 shares of the company’s stock after buying an additional 13,210 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF comprises 1.6% of Chung Wu Investment Group LLC’s portfolio, making the stock its 17th biggest holding. Chung Wu Investment Group LLC owned 0.21% of Goldman Sachs S&P 500 Core Premium Income ETF worth $1,354,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Perigon Wealth Management LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter valued at about $1,080,000. Aurora Private Wealth Inc. grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 7.9% in the 1st quarter. Aurora Private Wealth Inc. now owns 79,609 shares of the company’s stock valued at $3,711,000 after buying an additional 5,831 shares during the last quarter. Balboa Wealth Partners acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter valued at approximately $338,000. Investment Planning Advisors Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter worth approximately $1,075,000. Finally, Jmac Enterprises LLC lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 9.0% during the first quarter. Jmac Enterprises LLC now owns 124,761 shares of the company’s stock worth $5,815,000 after buying an additional 10,275 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.0%

GPIX opened at $49.18 on Thursday. The business has a 50 day moving average of $47.26 and a 200-day moving average of $48.06. The stock has a market capitalization of $718.03 million, a price-to-earnings ratio of 24.51 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $40.01 and a 1-year high of $50.84.

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

The business also recently declared a monthly dividend, which was paid on Friday, June 6th. Shareholders of record on Monday, June 2nd were issued a $0.3388 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.32. This represents a $4.07 dividend on an annualized basis and a yield of 8.27%.

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.