Ignite Planners LLC Purchases New Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Ignite Planners LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,618 shares of the company’s stock, valued at approximately $232,000.

A number of other institutional investors and hedge funds have also made changes to their positions in GPIX. Salem Investment Counselors Inc. raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 237.5% in the first quarter. Salem Investment Counselors Inc. now owns 1,350 shares of the company’s stock valued at $63,000 after buying an additional 950 shares during the last quarter. Richards Merrill & Peterson Inc. raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,033.3% in the first quarter. Richards Merrill & Peterson Inc. now owns 1,700 shares of the company’s stock valued at $79,000 after buying an additional 1,550 shares during the last quarter. Ulland Investment Advisors LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the first quarter valued at about $107,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at about $151,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the first quarter valued at about $210,000.

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

Shares of NASDAQ:GPIX opened at $52.20 on Friday. The company has a 50-day simple moving average of $51.26 and a 200-day simple moving average of $48.82. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $40.01 and a one year high of $52.37. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 25.98 and a beta of 0.82.

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

The company also recently declared a monthly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.369 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.36. The ex-dividend date was Wednesday, October 1st.

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.