Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Holdings Raised by DAVENPORT & Co LLC

DAVENPORT & Co LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 32.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,512 shares of the company’s stock after purchasing an additional 18,887 shares during the quarter. DAVENPORT & Co LLC owned approximately 0.22% of Goldman Sachs S&P 500 Core Premium Income ETF worth $4,048,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter worth about $106,000. Salem Investment Counselors Inc. lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 85.2% in the 2nd quarter. Salem Investment Counselors Inc. now owns 2,500 shares of the company’s stock valued at $125,000 after acquiring an additional 1,150 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth approximately $151,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth approximately $205,000. Finally, Vienna Asset Management LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth approximately $213,000.

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

Shares of NASDAQ:GPIX opened at $53.28 on Friday. The company’s fifty day moving average is $52.49 and its two-hundred day moving average is $51.27. The company has a market cap of $2.05 billion, a P/E ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $40.01 and a 12-month high of $53.50.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 5th. Shareholders of record on Monday, December 1st were given a dividend of $0.3741 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 8.4%.

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.