Partners Wealth Management LLC Buys 14,369 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Partners Wealth Management LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the third quarter, HoldingsChannel reports. The fund bought 14,369 shares of the company’s stock, valued at approximately $802,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GPIX. Bank of America Corp DE lifted its position in 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 worth $147,971,000 after buying an additional 523,224 shares in the last quarter. WNY Asset Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter valued at about $19,197,000. Modern Wealth Management LLC grew 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 valued at $29,147,000 after acquiring an additional 326,488 shares in the last quarter. Capital Analysts LLC grew 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 valued at $16,924,000 after acquiring an additional 302,297 shares in the last quarter. Finally, Richmond Investment Services LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the first quarter valued at about $13,743,000.

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

GPIX opened at $55.14 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $48.46 and a 52-week high of $56.74. The firm has a market capitalization of $6.30 billion, a PE ratio of 25.98 and a beta of 0.83. The business’s 50-day simple moving average is $55.94 and its 200 day simple moving average is $54.30.

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. Shareholders of record on Thursday, October 1st were given a dividend of $0.3970 per share. This is a negative change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.76 annualized dividend and a dividend yield of 8.6%.

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.