14,292 Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Sold by Cascade Investment Group Inc.

Cascade Investment Group Inc. lowered its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 51.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,441 shares of the company’s stock after selling 14,292 shares during the period. Cascade Investment Group Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $750,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of GPIX. Next Level Private LLC lifted 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. Nations Financial Group Inc. IA ADV grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 1.4% during the first quarter. Nations Financial Group Inc. IA ADV now owns 14,829 shares of the company’s stock valued at $742,000 after purchasing 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% during the second quarter. Symphony Financial Ltd. Co. now owns 4,250 shares of the company’s stock valued at $236,000 after purchasing an additional 200 shares during the period. Axxcess Wealth Management LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 2.6% in the first quarter. Axxcess Wealth Management LLC now owns 8,379 shares of the company’s stock worth $419,000 after buying an additional 215 shares during the last quarter. Finally, Wealth Alliance LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 3.7% in the first quarter. Wealth Alliance LLC now owns 6,213 shares of the company’s stock worth $311,000 after buying an additional 219 shares during the last quarter.

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

Shares of GPIX traded down $0.07 during mid-day trading on Tuesday, hitting $56.37. The stock had a trading volume of 414,749 shares, compared to its average volume of 928,299. The firm has a market cap of $6.14 billion, a P/E ratio of 25.98 and a beta of 0.83. The business has a fifty day moving average price of $56.05 and a 200-day moving average price of $54.85. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $48.46 and a 52 week high of $56.74.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 7th. Investors of record on Thursday, October 1st were issued a $0.3970 dividend. This is a decrease from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.76 annualized dividend and a yield of 8.5%.

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.