Wealthcare Advisory Partners LLC Acquires 41,190 Shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Wealthcare Advisory Partners LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 197.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,046 shares of the company’s stock after buying an additional 41,190 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $3,068,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. US Bancorp DE increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% in the 3rd quarter. US Bancorp DE now owns 2,375 shares of the company’s stock valued at $117,000 after acquiring an additional 625 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 51.5% in the third quarter. Private Trust Co. NA now owns 3,234 shares of the company’s stock valued at $159,000 after purchasing an additional 1,100 shares in the last quarter. Park Avenue Securities LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth approximately $249,000. Princeton Global Asset Management LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13.3% during the 3rd quarter. Princeton Global Asset Management LLC now owns 5,450 shares of the company’s stock worth $268,000 after buying an additional 640 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at $280,000.

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

NASDAQ GPIX opened at $50.01 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $43.79 and a 52 week high of $50.82. The stock has a market capitalization of $400.08 million, a P/E ratio of 24.02 and a beta of 0.82. The stock has a fifty day moving average of $50.01 and a 200-day moving average of $48.74.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 3rd were issued a dividend of $0.3496 per share. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. This represents a $4.20 annualized dividend and a yield of 8.39%. The ex-dividend date of this dividend was Friday, January 3rd.

Goldman Sachs S&P 500 Core Premium Income ETF Company 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.