Goldman Sachs S&P 500 Core Premium Income ETF $GPIX is Cornerstone Advisory LLC’s 2nd Largest Position

Cornerstone Advisory LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 17.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,141,385 shares of the company’s stock after buying an additional 168,367 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF makes up about 5.9% of Cornerstone Advisory LLC’s holdings, making the stock its 2nd biggest holding. Cornerstone Advisory LLC owned about 2.97% of Goldman Sachs S&P 500 Core Premium Income ETF worth $59,615,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in GPIX. Wolff Wiese Magana LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 163.2% during the 3rd quarter. Wolff Wiese Magana LLC now owns 487 shares of the company’s stock valued at $25,000 after purchasing an additional 302 shares during the period. GPS Wealth Strategies Group LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter valued at approximately $42,000. Ritter Daniher Financial Advisory LLC DE bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter valued at approximately $71,000. Farther Finance Advisors LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter worth $106,000. Finally, Salem Investment Counselors Inc. boosted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 14.0% in the third quarter. Salem Investment Counselors Inc. now owns 2,850 shares of the company’s stock valued at $149,000 after acquiring an additional 350 shares in the last quarter.

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

Shares of NASDAQ GPIX opened at $52.26 on Tuesday. The firm has a fifty day simple moving average of $52.86 and a two-hundred day simple moving average of $52.12. 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. The firm has a market capitalization of $2.93 billion, a PE ratio of 25.98 and a beta of 0.84.

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

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.3763 per share. This is a positive change 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. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%.

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.