Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Bought by Stillwater Wealth Management Group

Stillwater Wealth Management Group raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 52.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 116,218 shares of the company’s stock after acquiring an additional 40,138 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF makes up 3.4% of Stillwater Wealth Management Group’s holdings, making the stock its 9th biggest holding. Stillwater Wealth Management Group’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $6,488,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of GPIX. Bank of America Corp DE raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% in the 1st quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock valued at $147,971,000 after purchasing an additional 523,224 shares in the last quarter. Cornerstone Advisory LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 19.6% in the first quarter. Cornerstone Advisory LLC now owns 1,599,317 shares of the company’s stock worth $80,030,000 after purchasing an additional 262,596 shares in the last quarter. SK Wealth Management LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 4.4% in the first quarter. SK Wealth Management LLC now owns 909,777 shares of the company’s stock worth $45,753,000 after purchasing an additional 38,055 shares in the last quarter. Modern Wealth Management LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% in the first quarter. Modern Wealth Management LLC now owns 582,931 shares of the company’s stock worth $29,147,000 after purchasing an additional 326,488 shares in the last quarter. Finally, Kintra Wealth LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13.5% in the second quarter. Kintra Wealth LLC now owns 490,051 shares of the company’s stock valued at $27,771,000 after buying an additional 58,462 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.5%

Goldman Sachs S&P 500 Core Premium Income ETF stock traded up $0.28 during midday trading on Wednesday, hitting $56.24. The stock had a trading volume of 542,912 shares, compared to its average volume of 937,076. The stock has a market cap of $6.25 billion, a P/E ratio of 25.98 and a beta of 0.83. 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 business has a fifty day moving average price of $56.01 and a 200 day moving average price of $55.12.

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

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

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.