Jupiter Wealth Management LLC Takes $394,000 Position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Jupiter Wealth Management LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,974 shares of the company’s stock, valued at approximately $394,000.

Several other large investors also recently bought and sold shares of the business. Cornerstone Advisory LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 195.2% in the 4th quarter. Cornerstone Advisory LLC now owns 691,834 shares of the company’s stock worth $34,986,000 after purchasing an additional 457,480 shares in the last quarter. White Knight Strategic Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at approximately $912,000. Delta Investment Management LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 0.8% in the fourth quarter. Delta Investment Management LLC now owns 38,776 shares of the company’s stock valued at $1,917,000 after purchasing an additional 313 shares during the last quarter. Visionary Wealth Advisors purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth approximately $594,000. Finally, Captrust Financial Advisors boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 6.0% during the fourth quarter. Captrust Financial Advisors now owns 41,875 shares of the company’s stock worth $2,071,000 after buying an additional 2,382 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 0.5%

Shares of NASDAQ:GPIX opened at $47.41 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $40.01 and a 52-week high of $50.84. The stock has a market cap of $798.38 million, a P/E ratio of 24.51 and a beta of 0.82. The business has a fifty day moving average of $45.81 and a two-hundred day moving average of $48.35.

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

The company also recently declared a monthly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Thursday, May 1st were given a dividend of $0.3229 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $3.87 annualized dividend and a dividend yield of 8.17%.

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.