Chung Wu Investment Group LLC Takes Position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Chung Wu Investment Group LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 15,840 shares of the company’s stock, valued at approximately $783,000.

Other hedge funds have also recently made changes to their positions in the company. Collective Family Office LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 7.3% in the fourth quarter. Collective Family Office LLC now owns 7,697 shares of the company’s stock valued at $381,000 after acquiring an additional 522 shares in the last quarter. Moors & Cabot Inc. grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 6.7% during the 3rd quarter. Moors & Cabot Inc. now owns 9,349 shares of the company’s stock worth $459,000 after purchasing an additional 591 shares during the last quarter. US Bancorp DE raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% during the 3rd quarter. US Bancorp DE now owns 2,375 shares of the company’s stock valued at $117,000 after acquiring an additional 625 shares during the last quarter. Financial Management Network Inc. lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 7.4% during the fourth quarter. Financial Management Network Inc. now owns 11,970 shares of the company’s stock worth $594,000 after purchasing an additional 824 shares during the period. Finally, Moseley Investment Management Inc. increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.4% during the fourth quarter. Moseley Investment Management Inc. now owns 7,082 shares of the company’s stock worth $350,000 after acquiring an additional 836 shares during the period.

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

Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $48.30 on Thursday. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $44.06 and a one year high of $50.84. The business has a fifty day moving average of $49.84 and a two-hundred day moving average of $49.40. The company has a market cap of $420.21 million, a P/E ratio of 24.02 and a beta of 0.82.

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

The business also recently declared a dividend, which will be paid on Friday, March 7th. Stockholders of record on Monday, March 3rd will be issued a $0.3444 dividend. The ex-dividend date of this dividend is Monday, March 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.