Ellis Investment Partners LLC Buys 37,423 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Ellis Investment Partners LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 711.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 42,685 shares of the company’s stock after purchasing an additional 37,423 shares during the period. Ellis Investment Partners LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,127,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Salem Investment Counselors Inc. boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 237.5% in the first quarter. Salem Investment Counselors Inc. now owns 1,350 shares of the company’s stock valued at $63,000 after buying an additional 950 shares in the last quarter. Richards Merrill & Peterson Inc. boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1,033.3% in the first quarter. Richards Merrill & Peterson Inc. now owns 1,700 shares of the company’s stock valued at $79,000 after buying an additional 1,550 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at about $151,000. Dynamic Advisor Solutions LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the first quarter valued at about $210,000. Finally, CFO4Life Group LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the first quarter valued at about $219,000.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 2.2%

NASDAQ:GPIX opened at $51.07 on Monday. The stock’s 50-day simple moving average is $51.29 and its 200 day simple moving average is $48.87. The firm has a market capitalization of $1.77 billion, a PE ratio of 25.98 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $40.01 and a twelve month high of $52.37.

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

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 7th. Investors of record on Wednesday, October 1st were paid a $0.369 dividend. This represents a c) annualized dividend and a yield of 8.7%. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Wednesday, October 1st.

Goldman Sachs S&P 500 Core Premium Income ETF 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.