Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Position Raised by McCarthy & Cox

McCarthy & Cox lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 4.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 405,044 shares of the company’s stock after purchasing an additional 15,734 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF accounts for approximately 4.8% of McCarthy & Cox’s portfolio, making the stock its 7th largest holding. McCarthy & Cox’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $21,155,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GPIX. Requisite Capital Management LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth $67,579,000. Bank of America Corp DE acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter worth about $38,330,000. Bank of New York Mellon Corp purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth about $13,632,000. Envestnet Asset Management Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at about $13,194,000. Finally, SK Wealth Management LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 66.4% in the 3rd quarter. SK Wealth Management LLC now owns 460,005 shares of the company’s stock valued at $24,012,000 after purchasing an additional 183,491 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.8%

NASDAQ GPIX opened at $52.66 on Monday. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The stock has a 50-day moving average of $52.34 and a 200 day moving average of $51.14. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $40.01 and a twelve month high of $53.50.

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

The firm also recently announced a monthly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, December 1st were paid a dividend of $0.3741 per share. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend was Monday, December 1st.

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.