Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stake Lowered by Mission Wealth Management LP

Mission Wealth Management LP trimmed its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 15.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 122,745 shares of the company’s stock after selling 23,004 shares during the quarter. Mission Wealth Management LP’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $6,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Requisite Capital Management LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% in the 4th quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock worth $119,925,000 after buying an additional 226,995 shares in the last quarter. Stephens Inc. AR grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 511.5% in the 4th quarter. Stephens Inc. AR now owns 59,072 shares of the company’s stock worth $3,119,000 after buying an additional 49,412 shares in the last quarter. Meridian Financial Partners LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth approximately $328,000. Cornerstone Wealth Management LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13.7% in the 4th quarter. Cornerstone Wealth Management LLC now owns 14,120 shares of the company’s stock worth $746,000 after buying an additional 1,699 shares in the last quarter. Finally, Western Wealth Management LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 718.0% in the 4th quarter. Western Wealth Management LLC now owns 38,804 shares of the company’s stock worth $2,049,000 after buying an additional 34,060 shares in the last quarter.

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

Shares of GPIX stock opened at $55.05 on Monday. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $47.04 and a 12-month high of $55.62. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The business has a 50 day simple moving average of $52.19 and a 200 day simple moving average of $52.49.

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

The firm also recently disclosed a dividend, which was paid on Thursday, May 7th. Investors of record on Friday, May 1st were issued a $0.3831 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35. The ex-dividend date of this dividend was Friday, May 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.