M Holdings Securities Inc. Makes New Investment in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

M Holdings Securities Inc. acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 42,230 shares of the company’s stock, valued at approximately $2,230,000.

Other large investors have also added to or reduced their stakes in the company. Manchester Capital Management LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth approximately $30,000. Physician Wealth Advisors Inc. bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth approximately $31,000. Private Wealth Asset Management LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth approximately $34,000. CoreCap Advisors LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% during the fourth quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock valued at $38,000 after purchasing an additional 676 shares during the period. Finally, Franklin Resources Inc. purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at approximately $53,000.

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

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $53.79 on Thursday. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The stock has a 50 day moving average price of $53.85 and a 200-day moving average price of $52.87. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $48.20 and a one year high of $56.19.

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

The company also recently disclosed a dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3969 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.38.

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.