Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock: Southern Financial Group LLC Trims Holdings

Southern Financial Group LLC decreased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 51.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 11,853 shares of the company’s stock after selling 12,596 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF accounts for approximately 0.2% of Southern Financial Group LLC’s portfolio, making the stock its 27th largest position. Southern Financial Group LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $662,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. NWF Advisory Services Inc. acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth about $612,000. Kintra Wealth LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.5% during the 2nd quarter. Kintra Wealth LLC now owns 490,051 shares of the company’s stock worth $27,771,000 after acquiring an additional 58,462 shares during the period. SMART Wealth LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 101.9% during the second quarter. SMART Wealth LLC now owns 44,456 shares of the company’s stock worth $2,470,000 after acquiring an additional 22,435 shares during the period. Capital Analysts LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13,429.5% in the second quarter. Capital Analysts LLC now owns 304,548 shares of the company’s stock valued at $16,924,000 after acquiring an additional 302,297 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 232.2% during the second quarter. Concurrent Investment Advisors LLC now owns 29,182 shares of the company’s stock worth $1,622,000 after purchasing an additional 20,398 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 1.5%

NASDAQ:GPIX opened at $55.49 on Thursday. The firm has a market capitalization of $6.40 billion, a PE ratio of 25.98 and a beta of 0.83. The stock’s 50-day simple moving average is $55.87 and its 200 day simple moving average is $54.33. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $48.46 and a twelve month high of $56.74.

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

The business also recently declared a monthly dividend, which will be paid on Friday, November 6th. Shareholders of record on Monday, November 2nd will be paid a $0.3885 dividend. This represents a $4.66 annualized dividend and a yield of 8.4%. This is a decrease from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3970. The ex-dividend date of this dividend is Monday, November 2nd.

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.