Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Update

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 459,313 shares, a growth of 58.1% from the November 30th total of 290,554 shares. Based on an average daily trading volume, of 658,866 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.2% of the shares of the stock are short sold. Currently, 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 658,866 shares, the days-to-cover ratio is currently 0.7 days.

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

GPIX stock traded down $0.01 on Tuesday, hitting $53.15. 491,066 shares of the company’s stock traded hands, compared to its average volume of 391,927. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $40.01 and a 1-year high of $53.50. The stock has a fifty day moving average of $52.50 and a 200-day moving average of $51.34.

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

The business also recently announced a monthly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, December 1st were given a dividend of $0.3741 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

Institutional Trading of Goldman Sachs S&P 500 Core Premium Income ETF

Hedge funds have recently bought and sold shares of the company. Sunbelt Securities Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at about $868,000. Captrust Financial Advisors boosted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13.0% in the third quarter. Captrust Financial Advisors now owns 57,367 shares of the company’s stock worth $2,996,000 after purchasing an additional 6,602 shares in the last quarter. Advisory Services Network LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter worth $151,000. Eaton Financial Holdings Company LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 67.6% during the third quarter. Eaton Financial Holdings Company LLC now owns 840,143 shares of the company’s stock valued at $43,881,000 after buying an additional 338,830 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 74.1% during the 3rd quarter. NewEdge Advisors LLC now owns 15,551 shares of the company’s stock worth $812,000 after acquiring an additional 6,620 shares in the last quarter.

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.