Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Position Boosted by LPL Financial LLC

LPL Financial LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 50.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,282,956 shares of the company’s stock after buying an additional 1,445,041 shares during the quarter. LPL Financial LLC owned about 7.65% of Goldman Sachs S&P 500 Core Premium Income ETF worth $226,140,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GPIX. Bank of America Corp DE grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% in the 3rd quarter. Bank of America Corp DE now owns 1,627,328 shares of the company’s stock worth $84,995,000 after buying an additional 857,957 shares in the last quarter. SK Wealth Management LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 89.5% during the 4th quarter. SK Wealth Management LLC now owns 871,722 shares of the company’s stock valued at $46,498,000 after purchasing an additional 411,717 shares in the last quarter. Eaton Financial Holdings Company LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 67.6% during the 3rd quarter. Eaton Financial Holdings Company LLC now owns 840,143 shares of the company’s stock valued at $43,881,000 after purchasing an additional 338,830 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at $14,432,000. Finally, Raymond James Financial Inc. boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 747.5% during the 3rd quarter. Raymond James Financial Inc. now owns 268,345 shares of the company’s stock valued at $14,016,000 after purchasing an additional 236,682 shares in the last quarter.

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

Shares of NASDAQ GPIX opened at $54.60 on Wednesday. The stock has a fifty day moving average price of $53.75 and a two-hundred day moving average price of $52.85. The firm has a market cap of $3.71 billion, a P/E ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $48.20 and a 1 year high of $56.19.

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

The company also recently declared a dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3969 per share. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.38.

Goldman Sachs S&P 500 Core Premium Income ETF 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.