TrustBank Invests $870,000 in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

TrustBank bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 4th quarter, HoldingsChannel reports. The fund bought 16,480 shares of the company’s stock, valued at approximately $870,000.

Several other hedge funds also recently made changes to their positions in the company. Requisite Capital Management LLC grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% in the 4th quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock worth $119,925,000 after acquiring an additional 226,995 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.4% in the 4th quarter. HighTower Advisors LLC now owns 2,000,929 shares of the company’s stock worth $105,649,000 after acquiring an additional 235,851 shares in the last quarter. Bank of America Corp DE grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% in the 3rd quarter. Bank of America Corp DE now owns 1,627,328 shares of the company’s stock worth $84,995,000 after acquiring an additional 857,957 shares in the last quarter. Cornerstone Advisory LLC grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 17.1% in the 4th quarter. Cornerstone Advisory LLC now owns 1,336,721 shares of the company’s stock worth $70,579,000 after acquiring an additional 195,336 shares in the last quarter. Finally, SK Wealth Management LLC grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 89.5% in the 4th quarter. SK Wealth Management LLC now owns 871,722 shares of the company’s stock worth $46,498,000 after acquiring an additional 411,717 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.5%

Shares of GPIX opened at $55.75 on Wednesday. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The stock has a 50 day moving average of $52.72 and a 200-day moving average of $52.61. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $47.49 and a 52 week high of $55.83.

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

The business also recently declared a dividend, which was paid on Thursday, May 7th. Investors of record on Friday, May 1st were issued a $0.3831 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35. The ex-dividend date of this dividend was Friday, May 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.