Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Stake Lifted by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 13.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,450 shares of the company’s stock after buying an additional 640 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $268,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in GPIX. Semus Wealth Partners LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the first quarter worth $518,000. Delta Investment Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the first quarter worth $1,861,000. Lionsbridge Wealth Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter worth $847,000. Fortress Wealth Management Inc. grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 4.8% in the second quarter. Fortress Wealth Management Inc. now owns 20,820 shares of the company’s stock worth $988,000 after purchasing an additional 949 shares in the last quarter. Finally, Moseley Investment Management Inc. bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter worth $218,000.

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

NASDAQ:GPIX opened at $48.64 on Monday. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $40.62 and a 1 year high of $49.94. The stock has a market cap of $248.06 million, a price-to-earnings ratio of 24.02 and a beta of 0.82. The business has a fifty day moving average of $48.55 and a 200-day moving average of $47.41.

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 issued a $0.3472 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. The ex-dividend date was Wednesday, October 2nd. This represents a $4.17 annualized dividend and a dividend yield of 8.57%.

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.