NBZ Investment Advisors LLC Makes New $1.26 Million Investment in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

NBZ Investment Advisors LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 22,623 shares of the company’s stock, valued at approximately $1,263,000. Goldman Sachs S&P 500 Core Premium Income ETF accounts for approximately 0.5% of NBZ Investment Advisors LLC’s holdings, making the stock its 29th largest holding.

Other large investors have also added to or reduced their stakes in the company. Compass Financial Management LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 4.0% during the 3rd quarter. Compass Financial Management LLC now owns 50,547 shares of the company’s stock valued at $2,822,000 after purchasing an additional 1,935 shares during the last quarter. Focused Wealth Management Inc grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.7% in the 3rd quarter. Focused Wealth Management Inc now owns 94,959 shares of the company’s stock worth $5,302,000 after buying an additional 3,349 shares during the period. Frederick Financial Consultants LLC lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.1% during the third quarter. Frederick Financial Consultants LLC now owns 35,791 shares of the company’s stock valued at $1,998,000 after purchasing an additional 4,157 shares during the last quarter. Summit Wealth Group LLC Co. bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter worth $388,000. Finally, Vise Technologies Inc. boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 15.0% in the 3rd quarter. Vise Technologies Inc. now owns 13,421 shares of the company’s stock worth $749,000 after purchasing an additional 1,751 shares in the last quarter.

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

Shares of NASDAQ:GPIX opened at $55.49 on Thursday. The business has a 50-day simple moving average of $55.87 and a two-hundred day simple moving average of $54.33. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $48.46 and a fifty-two week high of $56.74. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 25.98 and a beta of 0.83.

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

The business also recently announced a monthly dividend, which will be paid on Friday, November 6th. Shareholders of record on Monday, November 2nd will be given a $0.3885 dividend. This is a drop 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. This represents a $4.66 dividend on an annualized basis and a yield of 8.4%.

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.