Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Newly Acquired by Milestone Asset Management LLC

Milestone Asset Management LLC bought a new stake in shares of 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 bought 38,990 shares of the company’s stock, valued at approximately $2,177,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. NFSG Corp increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.5% in the 3rd quarter. NFSG Corp now owns 27,907 shares of the company’s stock valued at $1,558,000 after purchasing an additional 3,321 shares during the period. Saxony Capital Management LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 11.8% during the third quarter. Saxony Capital Management LLC now owns 7,360 shares of the company’s stock worth $411,000 after purchasing an additional 778 shares during the period. Winnacle Wealth LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 28.6% during the third quarter. Winnacle Wealth LLC now owns 31,928 shares of the company’s stock worth $1,783,000 after purchasing an additional 7,101 shares during the period. Elmwood Wealth Management Inc. boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.8% during the third quarter. Elmwood Wealth Management Inc. now owns 137,114 shares of the company’s stock worth $7,655,000 after purchasing an additional 5,032 shares during the period. Finally, Salem Investment Counselors Inc. grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 9.7% during the third quarter. Salem Investment Counselors Inc. now owns 11,925 shares of the company’s stock valued at $666,000 after purchasing an additional 1,050 shares in the last quarter.

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

Shares of GPIX opened at $56.10 on Friday. The company’s 50 day moving average price is $56.05 and its 200 day moving average price is $54.98. 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. The company has a market capitalization of $6.20 billion, a PE ratio of 25.98 and a beta of 0.83.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Thursday, October 1st were given a $0.3970 dividend. This represents a $4.76 dividend on an annualized basis and a yield of 8.5%. The ex-dividend date was Thursday, October 1st. This is a negative change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974.

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.