Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stake Increased by SMART Wealth LLC

SMART Wealth LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 101.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 44,456 shares of the company’s stock after acquiring an additional 22,435 shares during the quarter. SMART Wealth LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,470,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GPIX. Manchester Capital Management LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at $30,000. Private Wealth Asset Management LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth about $34,000. Tsfg LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth about $45,000. Franklin Resources Inc. acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth about $53,000. Finally, Redwood Park Advisors LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% during the 4th quarter. Redwood Park Advisors LLC now owns 1,098 shares of the company’s stock valued at $58,000 after acquiring an additional 615 shares in the last quarter.

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

NASDAQ:GPIX opened at $56.04 on Friday. The stock has a market cap of $5.08 billion, a PE 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 $56.74. The stock’s 50-day moving average is $55.67 and its two-hundred day moving average is $54.07.

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

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 8th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.3974 per share. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.39. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date is Tuesday, September 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.