Townsend Asset Management Corp NC ADV Has $4.10 Million Stock Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Townsend Asset Management Corp NC ADV lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 354.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,854 shares of the company’s stock after purchasing an additional 63,854 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF accounts for approximately 1.5% of Townsend Asset Management Corp NC ADV’s holdings, making the stock its 21st largest holding. Townsend Asset Management Corp NC ADV’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $4,096,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in GPIX. Manchester Capital Management LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at about $30,000. Physician Wealth Advisors Inc. acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth about $31,000. Private Wealth Asset Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at about $34,000. CoreCap Advisors LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% in the 4th quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock valued at $38,000 after acquiring an additional 676 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at approximately $53,000.

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

Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $55.03 on Friday. The company’s 50 day simple moving average is $55.24 and its 200 day simple moving average is $53.36. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $48.46 and a fifty-two week high of $56.19. The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84.

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

The company also recently declared a dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.3937 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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.