Magnus Financial Group LLC Invests $608,000 in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Magnus Financial Group LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,517 shares of the company’s stock, valued at approximately $608,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wolff Wiese Magana LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 163.2% during the third quarter. Wolff Wiese Magana LLC now owns 487 shares of the company’s stock worth $25,000 after purchasing an additional 302 shares during the period. GPS Wealth Strategies Group LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at about $42,000. Ritter Daniher Financial Advisory LLC DE bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at about $71,000. Comerica Bank acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at approximately $101,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at approximately $106,000.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 1.4%

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $49.84 on Monday. The company has a market cap of $2.79 billion, a PE ratio of 25.98 and a beta of 0.84. The company has a 50 day moving average of $52.39 and a 200-day moving average of $52.32. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $40.01 and a 1-year high of $53.55.

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

The firm also recently announced a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.3718 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 9.0%.

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.