Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock: Stillwater Wealth Management Group Increases Holdings

Stillwater Wealth Management Group lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 52.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 116,218 shares of the company’s stock after acquiring an additional 40,138 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF accounts for about 3.4% of Stillwater Wealth Management Group’s investment portfolio, making the stock its 9th biggest position. Stillwater Wealth Management Group owned approximately 0.10% of Goldman Sachs S&P 500 Core Premium Income ETF worth $6,488,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Highland Investment Advisors LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at about $34,000. Tsfg LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at approximately $45,000. International Assets Investment Management LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 877.6% during the 1st quarter. International Assets Investment Management LLC now owns 2,229 shares of the company’s stock valued at $111,000 after purchasing an additional 2,001 shares in the last quarter. Miller Global Investments LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth approximately $112,000. Finally, Geneos Wealth Management Inc. increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 24.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,859 shares of the company’s stock worth $143,000 after purchasing an additional 554 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.5%

Shares of GPIX traded up $0.28 during trading on Wednesday, reaching $56.24. The company’s stock had a trading volume of 542,912 shares, compared to its average volume of 937,076. The company has a fifty day moving average of $56.01 and a two-hundred day moving average of $55.12. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $48.46 and a twelve month high of $56.74. The company has a market cap of $6.25 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 declared a monthly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, October 1st were given a dividend of $0.3970 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. This represents a $4.76 dividend on an annualized basis and a dividend yield of 8.5%.

About Goldman Sachs S&P 500 Core Premium Income ETF

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.