Wedbush Securities Inc. Has $2.31 Million Stock Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Wedbush Securities Inc. grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 229.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,950 shares of the company’s stock after purchasing an additional 27,831 shares during the quarter. Wedbush Securities Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,305,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Manchester Capital Management LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth about $30,000. Private Wealth Asset Management LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at approximately $34,000. Franklin Resources Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at approximately $53,000. Redwood Park Advisors LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% during the 4th quarter. Redwood Park Advisors LLC now owns 1,098 shares of the company’s stock worth $58,000 after acquiring an additional 615 shares during the last quarter. Finally, Comerica Bank bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth approximately $101,000.

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

Shares of NASDAQ GPIX opened at $56.34 on Monday. The stock has a market cap of $5.11 billion, a P/E ratio of 25.98 and a beta of 0.84. The firm has a 50 day moving average price of $55.56 and a 200 day moving average price of $53.96. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $48.46 and a 52-week high of $56.74.

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

The company also recently declared a monthly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, August 3rd were given a dividend of $0.3916 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend was Monday, August 3rd.

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.