Prevail Innovative Wealth Advisors LLC Makes New $4.44 Million Investment in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 84,091 shares of the company’s stock, valued at approximately $4,440,000. Prevail Innovative Wealth Advisors LLC owned about 0.15% of Goldman Sachs S&P 500 Core Premium Income ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in GPIX. Bank of America Corp DE grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% during 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 during the last quarter. Pineridge Advisors LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth about $29,676,000. SK Wealth Management LLC boosted its stake 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 valued at $46,498,000 after purchasing an additional 411,717 shares during the last quarter. Eaton Financial Holdings Company LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 67.6% in the 3rd quarter. Eaton Financial Holdings Company LLC now owns 840,143 shares of the company’s stock valued at $43,881,000 after purchasing an additional 338,830 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth approximately $14,432,000.

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

Shares of NASDAQ:GPIX opened at $55.16 on Thursday. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $47.04 and a one year high of $55.62. The company has a 50 day moving average of $52.38 and a 200-day moving average of $52.53. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84.

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

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

About Goldman Sachs S&P 500 Core Premium Income ETF

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.