HighTower Advisors LLC Grows Holdings in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

HighTower Advisors LLC grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 13.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,000,929 shares of the company’s stock after acquiring an additional 235,851 shares during the period. HighTower Advisors LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $105,649,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 15.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 147,249 shares of the company’s stock valued at $7,775,000 after buying an additional 20,172 shares during the last quarter. Duncan Williams Asset Management LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 15.8% during the fourth quarter. Duncan Williams Asset Management LLC now owns 19,185 shares of the company’s stock worth $1,007,000 after purchasing an additional 2,615 shares during the last quarter. Requisite Capital Management LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% during the fourth quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock worth $119,925,000 after purchasing an additional 226,995 shares during the last quarter. Stephens Inc. AR lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 511.5% during the fourth quarter. Stephens Inc. AR now owns 59,072 shares of the company’s stock worth $3,119,000 after purchasing an additional 49,412 shares during the last quarter. Finally, Meridian Financial Partners LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth about $328,000.

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

Shares of GPIX stock opened at $54.71 on Wednesday. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $47.04 and a one year high of $55.62. The company’s 50-day simple moving average is $52.31 and its 200-day simple moving average is $52.51. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84.

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

The business also recently declared a dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were given a dividend of $0.3831 per share. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35.

Goldman Sachs S&P 500 Core Premium Income ETF 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.