Envestnet Asset Management Inc. Increases Stock Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Envestnet Asset Management Inc. lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 42.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 376,252 shares of the company’s stock after purchasing an additional 111,415 shares during the period. Envestnet Asset Management Inc. owned about 0.98% of Goldman Sachs S&P 500 Core Premium Income ETF worth $19,652,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mission Wealth Management LP lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.4% in the third quarter. Mission Wealth Management LP now owns 145,749 shares of the company’s stock worth $7,612,000 after buying an additional 17,215 shares during the last quarter. Pineridge Advisors LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at $29,676,000. Lebenthal Global Advisors LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 207.0% in the 3rd quarter. Lebenthal Global Advisors LLC now owns 41,091 shares of the company’s stock valued at $2,146,000 after purchasing an additional 27,707 shares during the period. Meridian Wealth Management LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 27.2% in the 3rd quarter. Meridian Wealth Management LLC now owns 16,917 shares of the company’s stock worth $884,000 after acquiring an additional 3,613 shares in the last quarter. Finally, Mutual Advisors LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter worth $333,000.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.1%

Shares of NASDAQ GPIX opened at $52.26 on Friday. The firm has a market cap of $2.93 billion, a PE ratio of 25.98 and a beta of 0.84. The company’s fifty day simple moving average is $52.86 and its 200 day simple moving average is $52.10. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $40.01 and a 12-month high of $53.55.

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

The company also recently declared a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were issued a dividend of $0.3763 per share. This represents a c) annualized dividend and a yield of 8.6%. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.38. The ex-dividend date was Monday, February 2nd.

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.