M Holdings Securities Inc. Boosts Stock Position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

M Holdings Securities Inc. boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 107.2% in the third quarter, Holdings Channel reports. The fund owned 10,766 shares of the company’s stock after purchasing an additional 5,571 shares during the period. M Holdings Securities Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $529,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Greater Midwest Financial Group LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at $10,937,000. NewEdge Advisors LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth $5,672,000. Avalon Capital Management acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth $2,253,000. Apollon Wealth Management LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter valued at about $1,354,000. Finally, Commonwealth Equity Services LLC increased its stake 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 worth $11,467,000 after acquiring an additional 20,474 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.3 %

Shares of GPIX opened at $50.18 on Friday. The stock’s 50 day moving average is $49.17 and its two-hundred day moving average is $47.86. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $42.15 and a twelve month high of $50.44. The firm has a market capitalization of $260.94 million, a PE ratio of 24.02 and a beta of 0.82.

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

The firm also recently declared a monthly dividend, which was paid on Friday, November 8th. Investors of record on Monday, November 4th were paid a $0.3427 dividend. The ex-dividend date of this dividend was Monday, November 4th. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.30. This represents a $4.11 dividend on an annualized basis and a dividend yield of 8.20%.

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.