Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Bought by Northeast Financial Group Inc.

Northeast Financial Group Inc. increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 150.0% during the third quarter, Holdings Channel reports. The fund owned 286,368 shares of the company’s stock after acquiring an additional 171,817 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF makes up 3.7% of Northeast Financial Group Inc.’s holdings, making the stock its 7th largest holding. Northeast Financial Group Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $14,957,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 5.5% during the 3rd quarter. HighTower Advisors LLC now owns 1,765,078 shares of the company’s stock valued at $92,190,000 after purchasing an additional 91,726 shares during the period. Cornerstone Advisory LLC grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 17.3% during the third quarter. Cornerstone Advisory LLC now owns 1,141,385 shares of the company’s stock valued at $59,615,000 after buying an additional 168,367 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter valued at $38,330,000. Americana Partners LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 13,679.1% during the third quarter. Americana Partners LLC now owns 732,086 shares of the company’s stock valued at $38,237,000 after buying an additional 726,773 shares during the period. Finally, Pineridge Advisors LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter worth about $29,676,000.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.3%

Shares of NASDAQ GPIX opened at $52.46 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $40.01 and a one year high of $53.55. The business has a 50-day moving average price of $52.84 and a two-hundred day moving average price of $52.15. The firm has a market capitalization of $2.94 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 business also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were given a dividend of $0.3763 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.38. This represents a c) dividend on an annualized basis and a yield of 8.6%.

About Goldman Sachs S&P 500 Core Premium Income ETF

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.