Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Newly Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,870 shares of the company’s stock, valued at approximately $607,000.

A number of other hedge funds have also bought and sold shares of the business. Bank of America Corp DE grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% during the 1st quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock valued at $147,971,000 after acquiring an additional 523,224 shares during the period. WNY Asset Management LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter worth approximately $19,197,000. Modern Wealth Management LLC raised its holdings 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 worth $29,147,000 after purchasing an additional 326,488 shares during the period. Capital Analysts LLC raised its holdings 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 worth $16,924,000 after purchasing an additional 302,297 shares during the period. Finally, Richmond Investment Services LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter worth approximately $13,743,000.

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

GPIX stock opened at $55.49 on Thursday. The stock has a fifty day moving average of $55.87 and a 200-day moving average of $54.33. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $48.46 and a fifty-two week high of $56.74. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of 25.98 and a beta of 0.83.

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

The business also recently announced a monthly dividend, which will be paid on Friday, November 6th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.3885 per share. The ex-dividend date is Monday, November 2nd. This is a drop from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3970. This represents a $4.66 annualized dividend and a yield of 8.4%.

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.