Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock Acquired by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 40.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,885 shares of the company’s stock after purchasing an additional 10,420 shares during the quarter. Mayfair Advisory Group LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,003,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in GPIX. Bank of America Corp DE raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% in the first quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock valued at $147,971,000 after acquiring an additional 523,224 shares in the last quarter. WNY Asset Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter valued at $19,197,000. Modern Wealth Management LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% during the 1st quarter. Modern Wealth Management LLC now owns 582,931 shares of the company’s stock worth $29,147,000 after acquiring an additional 326,488 shares in the last quarter. Capital Analysts LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13,429.5% during the 2nd quarter. Capital Analysts LLC now owns 304,548 shares of the company’s stock worth $16,924,000 after acquiring an additional 302,297 shares in the last quarter. Finally, Richmond Investment Services LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter worth $13,743,000.

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

GPIX opened at $55.82 on Tuesday. The company has a 50-day moving average of $56.02 and a 200-day moving average of $55.07. The company has a market capitalization of $6.21 billion, a P/E ratio of 25.98 and a beta of 0.83. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $48.46 and a 1-year high of $56.74.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, October 1st were given a dividend of $0.3970 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. This represents a $4.76 annualized dividend and a dividend yield of 8.5%.

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.