Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock: Choreo LLC Raises Position

Choreo LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 228.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 330,331 shares of the company’s stock after acquiring an additional 229,876 shares during the quarter. Choreo LLC owned approximately 0.29% of Goldman Sachs S&P 500 Core Premium Income ETF worth $18,442,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GPIX. NWF Advisory Services Inc. acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth $612,000. Kintra Wealth LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 13.5% in the second quarter. Kintra Wealth LLC now owns 490,051 shares of the company’s stock valued at $27,771,000 after buying an additional 58,462 shares in the last quarter. SMART Wealth LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 101.9% in the second quarter. SMART Wealth LLC now owns 44,456 shares of the company’s stock valued at $2,470,000 after buying an additional 22,435 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 232.2% in the second quarter. Concurrent Investment Advisors LLC now owns 29,182 shares of the company’s stock valued at $1,622,000 after buying an additional 20,398 shares in the last quarter. Finally, Townsend Asset Management Corp NC ADV lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 354.7% during the 1st quarter. Townsend Asset Management Corp NC ADV now owns 81,854 shares of the company’s stock worth $4,096,000 after buying an additional 63,854 shares during the last quarter.

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

NASDAQ:GPIX opened at $56.06 on Friday. The stock has a 50-day simple moving average of $55.95 and a 200-day simple moving average of $54.29. The stock has a market cap of $6.40 billion, a P/E ratio of 25.98 and a beta of 0.83. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $48.46 and a 1 year high of $56.74.

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

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 7th. Investors of record on Thursday, October 1st were paid a dividend of $0.3970 per share. The ex-dividend date was Thursday, October 1st. This is a negative change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. This represents a $4.76 annualized dividend and a yield of 8.5%.

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.