Boyce & Associates Wealth Consulting Inc. Invests $2.29 Million in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Boyce & Associates Wealth Consulting Inc. purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 46,208 shares of the company’s stock, valued at approximately $2,285,000. Goldman Sachs S&P 500 Core Premium Income ETF accounts for approximately 2.3% of Boyce & Associates Wealth Consulting Inc.’s investment portfolio, making the stock its 10th biggest position. Boyce & Associates Wealth Consulting Inc. owned about 0.61% of Goldman Sachs S&P 500 Core Premium Income ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GPIX. US Bancorp DE grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% during the 3rd quarter. US Bancorp DE now owns 2,375 shares of the company’s stock worth $117,000 after purchasing an additional 625 shares in the last quarter. Private Trust Co. NA grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 51.5% during the third quarter. Private Trust Co. NA now owns 3,234 shares of the company’s stock worth $159,000 after buying an additional 1,100 shares in the last quarter. Princeton Global Asset Management LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 13.3% during the third quarter. Princeton Global Asset Management LLC now owns 5,450 shares of the company’s stock worth $268,000 after buying an additional 640 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at about $280,000. Finally, Synergy Financial Group LTD acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at approximately $291,000.

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

Shares of GPIX opened at $48.74 on Monday. The firm has a 50 day simple moving average of $50.01 and a two-hundred day simple moving average of $48.70. The company has a market cap of $370.42 million, a P/E ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $43.63 and a one year high of $50.82.

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

The firm also recently announced a monthly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 3rd were given a $0.3496 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 8.61%. The ex-dividend date of this dividend was Friday, January 3rd. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34.

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.