Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Shares Shorted: Short Interest Down 53.3% in September

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 262,527 shares, a decrease of 53.3% from the August 31st total of 561,940 shares. Based on an average daily volume of 1,239,842 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GPIX. Manchester Capital Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth $30,000. Highland Investment Advisors LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter valued at about $34,000. Private Wealth Asset Management LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth about $34,000. Tsfg LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth about $45,000. Finally, International Assets Investment Management LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 877.6% in the first quarter. International Assets Investment Management LLC now owns 2,229 shares of the company’s stock worth $111,000 after acquiring an additional 2,001 shares during the period.

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

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock traded down $0.09 during mid-day trading on Tuesday, hitting $55.92. 1,625,520 shares of the stock were exchanged, compared to its average volume of 916,795. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $48.46 and a 12 month high of $56.74. The company has a 50-day simple moving average of $55.83 and a 200 day simple moving average of $54.47. The company has a market capitalization of $5.92 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 8th. Investors of record on Tuesday, September 1st were issued a dividend of $0.3974 per share. This represents a $4.77 dividend on an annualized basis and a yield of 8.5%. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3916. The ex-dividend date was Tuesday, September 1st.

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.