SK Wealth Management LLC Boosts Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

SK Wealth Management LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 66.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 460,005 shares of the company’s stock after purchasing an additional 183,491 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF comprises 9.0% of SK Wealth Management LLC’s holdings, making the stock its 3rd biggest position. SK Wealth Management LLC owned 1.34% of Goldman Sachs S&P 500 Core Premium Income ETF worth $24,012,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Requisite Capital Management LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at approximately $67,579,000. Cornerstone Advisory LLC boosted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 10.4% during the second quarter. Cornerstone Advisory LLC now owns 973,018 shares of the company’s stock worth $48,476,000 after buying an additional 91,749 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at about $38,330,000. Eaton Financial Holdings Company LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 43.8% during the 2nd quarter. Eaton Financial Holdings Company LLC now owns 501,313 shares of the company’s stock worth $24,975,000 after acquiring an additional 152,811 shares during the last quarter. Finally, McCarthy & Cox grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13.7% during the second quarter. McCarthy & Cox now owns 389,310 shares of the company’s stock valued at $19,395,000 after purchasing an additional 46,967 shares during the period.

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

Shares of NASDAQ:GPIX opened at $52.66 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $40.01 and a 52 week high of $53.50. The company has a market capitalization of $2.02 billion, a PE ratio of 25.98 and a beta of 0.84. The company has a 50 day moving average price of $52.34 and a two-hundred day moving average price of $51.12.

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

The firm also recently declared a monthly dividend, which was paid on Friday, December 5th. Shareholders of record on Monday, December 1st were issued a $0.3741 dividend. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date was Monday, December 1st.

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.