CAP Partners LLC Grows Stake in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

CAP Partners LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 23.7% during the second quarter, Holdings Channel reports. The fund owned 21,791 shares of the company’s stock after buying an additional 4,175 shares during the period. CAP Partners LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $1,086,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cornerstone Advisory LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 10.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 973,018 shares of the company’s stock valued at $48,476,000 after buying an additional 91,749 shares in the last quarter. Strategic Blueprint LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at approximately $447,000. Prosperity Financial Group Inc. lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 9.2% during the 2nd quarter. Prosperity Financial Group Inc. now owns 49,229 shares of the company’s stock valued at $2,453,000 after buying an additional 4,150 shares in the last quarter. Princeton Global Asset Management LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 23.6% during the 2nd quarter. Princeton Global Asset Management LLC now owns 6,815 shares of the company’s stock valued at $340,000 after buying an additional 1,300 shares in the last quarter. Finally, Balboa Wealth Partners lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.0% during the 2nd quarter. Balboa Wealth Partners now owns 7,470 shares of the company’s stock valued at $372,000 after buying an additional 220 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.5%

Shares of GPIX stock opened at $52.41 on Friday. The stock has a market capitalization of $1.91 billion, a P/E ratio of 25.98 and a beta of 0.82. The firm’s 50 day moving average is $51.57 and its 200 day moving average is $49.25. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $40.01 and a 12 month high of $52.48.

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

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 7th. Investors of record on Wednesday, October 1st were paid a dividend of $0.369 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date was Wednesday, October 1st. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.36.

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.