DAVENPORT & Co LLC Acquires 10,249 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

DAVENPORT & Co LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,761 shares of the company’s stock after purchasing an additional 10,249 shares during the period. DAVENPORT & Co LLC owned 0.17% of Goldman Sachs S&P 500 Core Premium Income ETF worth $4,634,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of GPIX. HighTower Advisors LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 5.5% during the third quarter. HighTower Advisors LLC now owns 1,765,078 shares of the company’s stock valued at $92,190,000 after buying an additional 91,726 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% in the third quarter. Bank of America Corp DE now owns 1,627,328 shares of the company’s stock worth $84,995,000 after buying an additional 857,957 shares during the last quarter. Cornerstone Advisory LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 17.3% during the 3rd quarter. Cornerstone Advisory LLC now owns 1,141,385 shares of the company’s stock worth $59,615,000 after acquiring an additional 168,367 shares in the last quarter. Eaton Financial Holdings Company LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 67.6% during the 3rd quarter. Eaton Financial Holdings Company LLC now owns 840,143 shares of the company’s stock worth $43,881,000 after acquiring an additional 338,830 shares in the last quarter. Finally, Americana Partners LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13,679.1% during the 3rd quarter. Americana Partners LLC now owns 732,086 shares of the company’s stock valued at $38,237,000 after acquiring an additional 726,773 shares during the last quarter.

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

Shares of GPIX stock opened at $48.84 on Friday. The stock’s 50 day simple moving average is $52.07 and its 200 day simple moving average is $52.27. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $40.01 and a twelve month high of $53.55. The company has a market capitalization of $2.74 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 monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were given a $0.3718 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%.

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.