5,820 Shares in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Bought by KWB Wealth

KWB Wealth bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,820 shares of the company’s stock, valued at approximately $271,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the first quarter worth approximately $210,000. Wealth Enhancement Advisory Services LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 0.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 43,708 shares of the company’s stock worth $2,037,000 after acquiring an additional 405 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 9.3% in the first quarter. Park Avenue Securities LLC now owns 5,499 shares of the company’s stock valued at $256,000 after acquiring an additional 467 shares during the period. Northeast Financial Group Inc. bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter valued at about $4,843,000. Finally, Salem Investment Counselors Inc. boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 237.5% during the first quarter. Salem Investment Counselors Inc. now owns 1,350 shares of the company’s stock worth $63,000 after purchasing an additional 950 shares during the period.

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

Shares of NASDAQ:GPIX opened at $51.97 on Friday. The stock’s 50-day moving average is $50.98 and its 200 day moving average is $48.51. The company has a market cap of $1.24 billion, a PE ratio of 25.98 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $40.01 and a 1 year high of $52.26.

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

The firm also recently declared a monthly dividend, which was paid on Monday, September 8th. Investors of record on Tuesday, September 2nd were paid a $0.3615 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 8.3%.

About Goldman Sachs S&P 500 Core Premium Income ETF

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.