Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Stock Short Interest Report for September

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 410,614 shares, a growth of 56.4% from the September 15th total of 262,527 shares. Based on an average daily trading volume, of 1,192,658 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Trading of Goldman Sachs S&P 500 Core Premium Income ETF

Several institutional investors and hedge funds have recently modified their holdings of GPIX. Milestone Asset Management LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth approximately $2,177,000. NFSG Corp raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.5% during the 3rd quarter. NFSG Corp now owns 27,907 shares of the company’s stock worth $1,558,000 after purchasing an additional 3,321 shares during the last quarter. Saxony Capital Management LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 11.8% in the 3rd quarter. Saxony Capital Management LLC now owns 7,360 shares of the company’s stock valued at $411,000 after buying an additional 778 shares in the last quarter. Winnacle Wealth LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 28.6% in the 3rd quarter. Winnacle Wealth LLC now owns 31,928 shares of the company’s stock valued at $1,783,000 after buying an additional 7,101 shares in the last quarter. Finally, Elmwood Wealth Management Inc. lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 3.8% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 137,114 shares of the company’s stock valued at $7,655,000 after buying an additional 5,032 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 0.9%

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock traded down $0.53 on Friday, hitting $55.58. The company’s stock had a trading volume of 817,392 shares, compared to its average volume of 931,728. The company has a market capitalization of $6.14 billion, a P/E ratio of 25.98 and a beta of 0.83. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $48.46 and a 52-week high of $56.74. The firm has a fifty day moving average price of $56.05 and a 200-day moving average price of $54.98.

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

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.3970 per share. This is a decrease from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. The ex-dividend date was Thursday, October 1st. This represents a $4.76 annualized dividend and a yield of 8.6%.

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.