Patten & Patten Inc. TN Invests $1.46 Million in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Patten & Patten Inc. TN bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 27,650 shares of the company’s stock, valued at approximately $1,460,000.

Several other institutional investors have also recently bought and sold shares of the business. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at about $1,534,000. Beacon Financial Advisory LLC grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 147.1% during the third quarter. Beacon Financial Advisory LLC now owns 41,400 shares of the company’s stock worth $2,162,000 after purchasing an additional 24,643 shares during the last quarter. Berger Financial Group Inc acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at approximately $2,039,000. Nations Financial Group Inc. IA ADV acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter valued at approximately $659,000. Finally, Envestnet Asset Management Inc. raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 42.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 376,252 shares of the company’s stock valued at $19,652,000 after buying an additional 111,415 shares during the last quarter.

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

NASDAQ:GPIX opened at $54.91 on Friday. The firm’s 50 day simple moving average is $51.88 and its 200 day simple moving average is $52.38. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $46.25 and a one year high of $54.91. The company has a market cap of $3.73 billion, a PE 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 disclosed 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. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35. The ex-dividend date was Friday, May 1st.

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.