HighTower Advisors LLC Increases Stock Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

HighTower Advisors LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 13.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,000,929 shares of the company’s stock after buying an additional 235,851 shares during the period. HighTower Advisors LLC owned 3.57% of Goldman Sachs S&P 500 Core Premium Income ETF worth $105,649,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 15.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 147,249 shares of the company’s stock valued at $7,775,000 after buying an additional 20,172 shares during the period. Duncan Williams Asset Management LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 15.8% during the 4th quarter. Duncan Williams Asset Management LLC now owns 19,185 shares of the company’s stock valued at $1,007,000 after buying an additional 2,615 shares during the period. Requisite Capital Management LLC grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% during the 4th quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock worth $119,925,000 after purchasing an additional 226,995 shares during the period. Stephens Inc. AR grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 511.5% during the 4th quarter. Stephens Inc. AR now owns 59,072 shares of the company’s stock worth $3,119,000 after purchasing an additional 49,412 shares during the period. Finally, Meridian Financial Partners LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth about $328,000.

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

Shares of NASDAQ:GPIX opened at $54.71 on Wednesday. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $47.04 and a 1 year high of $55.62. The stock has a market capitalization of $3.71 billion, a P/E ratio of 25.98 and a beta of 0.84. The stock has a 50-day simple moving average of $52.31 and a 200-day simple moving average of $52.51.

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

The company also recently announced a dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were issued a dividend of $0.3831 per share. The ex-dividend date was Friday, May 1st. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35.

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.