Partners Wealth Management LLC Purchases New Shares in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Partners Wealth Management LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 14,369 shares of the company’s stock, valued at approximately $802,000.

Other large investors also recently made changes to their positions in the company. Highland Investment Advisors LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at $34,000. Tsfg LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth about $45,000. Miller Global Investments LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth about $112,000. International Assets Investment Management LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 877.6% during the 1st quarter. International Assets Investment Management LLC now owns 2,229 shares of the company’s stock worth $111,000 after purchasing an additional 2,001 shares in the last quarter. Finally, Essential Investment Partners LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at about $148,000.

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

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $55.14 on Friday. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 25.98 and a beta of 0.83. The stock’s 50-day moving average is $55.94 and its 200-day moving average is $54.30. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $48.46 and a one year high of $56.74.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 7th. Investors of record on Thursday, October 1st were issued a dividend of $0.3970 per share. The ex-dividend date was Thursday, October 1st. This is a drop from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. This represents a $4.76 dividend on an annualized basis and a dividend yield of 8.6%.

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.