M Holdings Securities Inc. Raises Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

M Holdings Securities Inc. grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 115.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,710 shares of the company’s stock after acquiring an additional 50,159 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF comprises approximately 0.7% of M Holdings Securities Inc.’s holdings, making the stock its 27th largest position. M Holdings Securities Inc. owned about 0.10% of Goldman Sachs S&P 500 Core Premium Income ETF worth $5,317,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Royal Bank of Canada raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 419.4% in the first quarter. Royal Bank of Canada now owns 103,307 shares of the company’s stock worth $4,815,000 after buying an additional 83,419 shares during the period. Jane Street Group LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 857.0% during the 1st quarter. Jane Street Group LLC now owns 81,992 shares of the company’s stock valued at $3,822,000 after acquiring an additional 73,424 shares during the last quarter. Cerity Partners LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at $347,000. Raymond James Financial Inc. bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter worth $1,577,000. Finally, White Knight Strategic Wealth Advisors LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 7.2% during the second quarter. White Knight Strategic Wealth Advisors LLC now owns 15,360 shares of the company’s stock valued at $765,000 after purchasing an additional 1,026 shares in the last quarter.

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

GPIX opened at $56.34 on Monday. The firm has a market cap of $5.11 billion, a P/E ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $48.46 and a 12 month high of $56.74. The stock has a 50-day moving average of $55.56 and a 200 day moving average of $53.96.

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

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

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.