Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Shares Acquired by Financial Management Network Inc.

Financial Management Network Inc. lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 102.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 11,146 shares of the company’s stock after acquiring an additional 5,641 shares during the period. Financial Management Network Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $542,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. NewEdge Advisors LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth approximately $5,672,000. Private Advisor Group LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter worth $519,000. Good Life Advisors LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter worth $939,000. Commonwealth Equity Services LLC grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 9.3% during the second quarter. Commonwealth Equity Services LLC now owns 241,553 shares of the company’s stock valued at $11,467,000 after buying an additional 20,474 shares during the last quarter. Finally, Greater Midwest Financial Group LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at $10,937,000.

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

GPIX stock traded up $0.32 during midday trading on Friday, reaching $49.50. The stock had a trading volume of 17,541 shares, compared to its average volume of 44,110. The firm has a fifty day simple moving average of $48.42 and a two-hundred day simple moving average of $47.25. The stock has a market cap of $242.55 million, a PE ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $39.03 and a 52-week high of $49.94.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 8th. Stockholders of record on Wednesday, October 2nd were paid a $0.3472 dividend. This represents a $4.17 annualized dividend and a dividend yield of 8.42%. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. The ex-dividend date of this dividend was Wednesday, October 2nd.

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.