Waverly Advisors LLC Raises Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Waverly Advisors LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 653.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,612 shares of the company’s stock after purchasing an additional 73,386 shares during the quarter. Waverly Advisors LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $4,234,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Manchester Capital Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at $30,000. Physician Wealth Advisors Inc. bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at $31,000. Private Wealth Asset Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at $34,000. CoreCap Advisors LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% during the 4th quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock valued at $38,000 after buying an additional 676 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at $53,000.

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

GPIX stock opened at $54.97 on Wednesday. The company has a market capitalization of $4.89 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. 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 $56.19. The stock has a fifty day moving average of $55.23 and a 200-day moving average of $53.47.

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

The firm also recently disclosed a dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3937 per share. The ex-dividend date of this dividend was Wednesday, July 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.