Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 20.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 298,140 shares of the company’s stock after buying an additional 50,875 shares during the quarter. Kestra Advisory Services LLC owned about 0.26% of Goldman Sachs S&P 500 Core Premium Income ETF worth $16,645,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake 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 buying an additional 523,224 shares during the last quarter. Cornerstone Advisory LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 19.6% during the first quarter. Cornerstone Advisory LLC now owns 1,599,317 shares of the company’s stock worth $80,030,000 after purchasing an additional 262,596 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter worth $63,155,000. SK Wealth Management LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 4.4% in the first quarter. SK Wealth Management LLC now owns 909,777 shares of the company’s stock valued at $45,753,000 after purchasing an additional 38,055 shares during the period. Finally, Lebenthal Global Advisors LLC lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 568.3% in the 3rd quarter. Lebenthal Global Advisors LLC now owns 532,188 shares of the company’s stock valued at $29,712,000 after buying an additional 452,550 shares during the period.

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

Shares of NASDAQ GPIX opened at $53.36 on Monday. 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. The firm has a market capitalization of $6.25 billion, a P/E ratio of 25.98 and a beta of 0.83. The company’s fifty day moving average is $55.75 and its two-hundred day moving average is $54.33.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, November 6th. Investors of record on Monday, November 2nd were paid a $0.3885 dividend. This represents a $4.66 annualized dividend and a dividend yield of 8.7%. This is a negative change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3970. The ex-dividend date was Monday, November 2nd.

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.