Captrust Financial Advisors Purchases 2,382 Shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Captrust Financial Advisors grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 6.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,875 shares of the company’s stock after acquiring an additional 2,382 shares during the quarter. Captrust Financial Advisors owned 0.48% of Goldman Sachs S&P 500 Core Premium Income ETF worth $2,071,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at about $292,000. Park Avenue Securities LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at about $249,000. Wells Fargo & Company MN bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at about $468,000. Janney Montgomery Scott LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at about $201,000. Finally, Steward Partners Investment Advisory LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth approximately $193,000.

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

NASDAQ GPIX opened at $47.65 on Tuesday. The business has a 50 day simple moving average of $45.58 and a 200 day simple moving average of $48.40. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $40.01 and a 52-week high of $50.84. The stock has a market cap of $695.69 million, a price-to-earnings ratio of 24.55 and a beta of 0.82.

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

The company also recently declared a monthly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Thursday, May 1st were given a dividend of $0.3229 per share. This represents a $3.87 dividend on an annualized basis and a yield of 8.13%. The ex-dividend date of this dividend was Thursday, May 1st.

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.