SK Wealth Management LLC Boosts Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

SK Wealth Management LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 4.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 909,777 shares of the company’s stock after buying an additional 38,055 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF comprises approximately 12.7% of SK Wealth Management LLC’s investment portfolio, making the stock its largest holding. SK Wealth Management LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $45,753,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Next Level Private LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1.3% during the 1st quarter. Next Level Private LLC now owns 15,288 shares of the company’s stock valued at $765,000 after acquiring an additional 191 shares during the period. Register Financial Advisors LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 4.4% in the fourth quarter. Register Financial Advisors LLC now owns 4,740 shares of the company’s stock worth $250,000 after purchasing an additional 200 shares during the period. Pasadena Private Wealth LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 1.9% in the fourth quarter. Pasadena Private Wealth LLC now owns 10,871 shares of the company’s stock worth $574,000 after purchasing an additional 200 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 14,829 shares of the company’s stock valued at $742,000 after purchasing an additional 200 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 2.6% in the first quarter. Axxcess Wealth Management LLC now owns 8,379 shares of the company’s stock valued at $419,000 after purchasing an additional 215 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.8%

Shares of NASDAQ GPIX opened at $55.03 on Friday. The firm’s 50-day moving average price is $55.24 and its 200-day moving average price is $53.36. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $48.46 and a 1-year high of $56.19. The firm has a market capitalization of $4.75 billion, a P/E 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. Investors of record on Wednesday, July 1st were given a $0.3937 dividend. The ex-dividend date of this dividend was Wednesday, July 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.