GKV Capital Management Co. Inc. Makes New $1 Million Investment in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

GKV Capital Management Co. Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 20,024 shares of the company’s stock, valued at approximately $1,002,000.

Several other hedge funds and other institutional investors have also bought and sold shares of GPIX. Western Wealth Management LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 22.0% during the first quarter. Western Wealth Management LLC now owns 47,358 shares of the company’s stock worth $2,370,000 after acquiring an additional 8,554 shares in the last quarter. Bank of America Corp DE raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% in the 1st quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock worth $147,971,000 after purchasing an additional 523,224 shares in the last quarter. Hamilton Wealth LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 7.9% in the 1st quarter. Hamilton Wealth LLC now owns 14,000 shares of the company’s stock worth $701,000 after purchasing an additional 1,020 shares during the period. Graney & King LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 12.2% in the 1st quarter. Graney & King LLC now owns 372,385 shares of the company’s stock worth $18,634,000 after purchasing an additional 40,357 shares during the period. Finally, Bull Harbor Capital LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter valued at about $844,000.

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

Shares of NASDAQ GPIX opened at $55.38 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $48.46 and a 1 year high of $56.19. The company’s 50-day moving average is $55.20 and its 200 day moving average is $53.50. The stock has a market capitalization of $4.98 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The business also recently disclosed a dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, July 1st were issued a $0.3937 dividend. The ex-dividend date was Wednesday, July 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.