48,612 Shares in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Bought by Compass Financial Management LLC

Compass Financial Management LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 48,612 shares of the company’s stock, valued at approximately $2,715,000. Compass Financial Management LLC owned approximately 0.05% of Goldman Sachs S&P 500 Core Premium Income ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GPIX. Insight Wealth Strategies LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 37.7% in the 2nd quarter. Insight Wealth Strategies LLC now owns 13,158 shares of the company’s stock valued at $725,000 after buying an additional 3,602 shares during the last quarter. Canvas Wealth Advisors LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 9.0% in the second quarter. Canvas Wealth Advisors LLC now owns 11,586 shares of the company’s stock valued at $644,000 after acquiring an additional 961 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 6.0% during the second quarter. Wealthcare Advisory Partners LLC now owns 91,765 shares of the company’s stock valued at $5,099,000 after purchasing an additional 5,187 shares during the last quarter. Castle Rock Wealth Management LLC boosted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 2.5% during the second quarter. Castle Rock Wealth Management LLC now owns 65,111 shares of the company’s stock valued at $3,588,000 after purchasing an additional 1,566 shares during the last quarter. Finally, Elmwood Wealth Management Inc. grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 4.2% in the second quarter. Elmwood Wealth Management Inc. now owns 132,082 shares of the company’s stock valued at $7,340,000 after purchasing an additional 5,308 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.4%

GPIX stock opened at $56.09 on Friday. The company has a market cap of $5.09 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 twelve month low of $48.46 and a twelve month high of $56.74. The business has a 50 day moving average price of $55.49 and a two-hundred day moving average price of $53.83.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, August 3rd were issued a $0.3916 dividend. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend was Monday, August 3rd.

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.