Renaissance Technologies LLC Purchases New Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Renaissance Technologies LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 25,500 shares of the company’s stock, valued at approximately $1,276,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 50.9% in the fourth quarter. LPL Financial LLC now owns 4,282,956 shares of the company’s stock worth $226,140,000 after purchasing an additional 1,445,041 shares during the last quarter. Requisite Capital Management LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% during the fourth quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock valued at $119,925,000 after buying an additional 226,995 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.4% during the fourth quarter. HighTower Advisors LLC now owns 2,000,929 shares of the company’s stock valued at $105,649,000 after buying an additional 235,851 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% during the third quarter. Bank of America Corp DE now owns 1,627,328 shares of the company’s stock valued at $84,995,000 after buying an additional 857,957 shares during the last quarter. Finally, Cornerstone Advisory LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 19.6% in the 1st quarter. Cornerstone Advisory LLC now owns 1,599,317 shares of the company’s stock worth $80,030,000 after buying an additional 262,596 shares in the last quarter.

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

Shares of NASDAQ:GPIX opened at $56.67 on Friday. The firm has a market cap of $5.14 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 $55.29 and a two-hundred day simple moving average of $53.71. 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.

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

The business also recently declared a monthly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, August 3rd were paid a $0.3916 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%.

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.