Retirement Planning Group LLC Invests $4.01 Million in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Retirement Planning Group LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 80,165 shares of the company’s stock, valued at approximately $4,011,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Manchester Capital Management LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at approximately $30,000. Physician Wealth Advisors Inc. purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $31,000. Private Wealth Asset Management LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at $34,000. CoreCap Advisors LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% in the fourth quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock valued at $38,000 after buying an additional 676 shares in the last quarter. Finally, Franklin Resources Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at $53,000.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.6%

GPIX stock opened at $55.34 on Tuesday. The business’s fifty day moving average price is $55.17 and its 200 day moving average price is $53.30. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $48.46 and a 12-month high of $56.19. The company has a market capitalization of $4.74 billion, a PE ratio of 25.98 and a beta of 0.84.

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

The company also recently announced a dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, July 1st were given a $0.3937 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.