Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock Sold by Bayshore Capital Advisors LLC

Bayshore Capital Advisors LLC decreased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 42.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,000 shares of the company’s stock after selling 14,500 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF comprises approximately 0.6% of Bayshore Capital Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Bayshore Capital Advisors LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $1,117,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of GPIX. Highland Investment Advisors LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at approximately $34,000. Tsfg LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at $45,000. Miller Global Investments LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter valued at about $112,000. International Assets Investment Management LLC boosted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 877.6% in the 1st quarter. International Assets Investment Management LLC now owns 2,229 shares of the company’s stock valued at $111,000 after buying an additional 2,001 shares during the last quarter. Finally, Essential Investment Partners LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth about $148,000.

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

GPIX opened at $53.36 on Friday. 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 $6.15 billion, a P/E ratio of 25.98 and a beta of 0.83. The company has a fifty day moving average price of $55.75 and a 200-day moving average price of $54.33.

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

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

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.