Tenet Wealth Partners LLC Invests $1.07 Million in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Tenet Wealth Partners LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 19,534 shares of the company’s stock, valued at approximately $1,071,000. Goldman Sachs S&P 500 Core Premium Income ETF accounts for about 0.8% of Tenet Wealth Partners LLC’s investment portfolio, making the stock its 25th biggest holding.

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

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.2%

Shares of NASDAQ GPIX opened at $56.04 on Friday. 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 $55.67 and a 200-day moving average of $54.07. The company has a market capitalization of $5.08 billion, a P/E 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 monthly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.3974 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) annualized dividend and a yield of 8.5%. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.39.

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.