Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Down 75.3% in August

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 167,493 shares, a decline of 75.3% from the July 30th total of 679,144 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,255,585 shares, the days-to-cover ratio is presently 0.1 days.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 0.1%

Shares of NASDAQ:GPIX traded down $0.08 during trading on Friday, reaching $56.34. The stock had a trading volume of 1,025,888 shares, compared to its average volume of 879,391. The stock has a market cap of $5.11 billion, a P/E ratio of 25.98 and a beta of 0.84. The business has a fifty day moving average price of $55.54 and a 200-day moving average price of $53.94. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $48.46 and a fifty-two week high of $56.74.

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

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

Institutional Investors Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

Several hedge funds have recently made changes to their positions in the business. Next Level Private LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1.3% in the first quarter. Next Level Private LLC now owns 15,288 shares of the company’s stock valued at $765,000 after purchasing an additional 191 shares during the last quarter. Pasadena Private Wealth LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1.9% in the 4th quarter. Pasadena Private Wealth LLC now owns 10,871 shares of the company’s stock worth $574,000 after buying an additional 200 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 1.4% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 14,829 shares of the company’s stock valued at $742,000 after buying an additional 200 shares during the period. Symphony Financial Ltd. Co. grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 4.9% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 4,250 shares of the company’s stock valued at $236,000 after buying an additional 200 shares during the period. Finally, Axxcess Wealth Management LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 2.6% during the 1st quarter. Axxcess Wealth Management LLC now owns 8,379 shares of the company’s stock valued at $419,000 after acquiring an additional 215 shares during the last quarter.

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.