Investment Counsel Co. of Nevada Takes Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Investment Counsel Co. of Nevada acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 13,608 shares of the company’s stock, valued at approximately $711,000. Goldman Sachs S&P 500 Core Premium Income ETF comprises approximately 1.4% of Investment Counsel Co. of Nevada’s investment portfolio, making the stock its 15th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whalen Wealth Management Inc. grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 93.9% in the third quarter. Whalen Wealth Management Inc. now owns 92,420 shares of the company’s stock worth $4,827,000 after buying an additional 44,766 shares during the last quarter. Beacon Financial Advisory LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 147.1% during the 3rd quarter. Beacon Financial Advisory LLC now owns 41,400 shares of the company’s stock valued at $2,162,000 after acquiring an additional 24,643 shares during the last quarter. Mayfair Advisory Group LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at $813,000. Focused Wealth Management Inc bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth $4,195,000. Finally, Delta Investment Management LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 162.5% during the 3rd quarter. Delta Investment Management LLC now owns 110,217 shares of the company’s stock worth $5,757,000 after acquiring an additional 68,233 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 1.3%

Shares of NASDAQ GPIX opened at $51.36 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $40.01 and a 52-week high of $53.55. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The stock’s fifty day simple moving average is $52.77 and its 200 day simple moving average is $52.30.

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

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a $0.3718 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 8.7%.

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.