WNY Asset Management LLC Buys Shares of 383,634 Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

WNY Asset Management LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 383,634 shares of the company’s stock, valued at approximately $19,197,000. Goldman Sachs S&P 500 Core Premium Income ETF comprises about 2.0% of WNY Asset Management LLC’s portfolio, making the stock its 14th biggest position.

Other hedge funds also recently made changes to their positions in the company. Manchester Capital Management LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at approximately $30,000. Physician Wealth Advisors Inc. acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $31,000. Private Wealth Asset Management LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $34,000. CoreCap Advisors LLC grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% in 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 in the last quarter. Finally, Franklin Resources Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at $53,000.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.6%

Shares of GPIX stock opened at $55.38 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $48.46 and a 1 year high of $56.19. The firm’s fifty day moving average price is $55.20 and its two-hundred day moving average price is $53.50. The firm has a market capitalization of $4.98 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The business also recently disclosed a dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were issued a $0.3937 dividend. The ex-dividend date was Wednesday, July 1st.

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.