SK Wealth Management LLC Increases Stake in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

SK Wealth Management LLC raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 4.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 909,777 shares of the company’s stock after purchasing an additional 38,055 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF makes up approximately 12.7% of SK Wealth Management LLC’s investment portfolio, making the stock its largest holding. SK Wealth Management LLC owned approximately 1.34% of Goldman Sachs S&P 500 Core Premium Income ETF worth $45,753,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GPIX. Manchester Capital Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at $30,000. Physician Wealth Advisors Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $31,000. Private Wealth Asset Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $34,000. CoreCap Advisors LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% during the fourth quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock worth $38,000 after buying an additional 676 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at $53,000.

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

Shares of GPIX opened at $55.03 on Friday. The stock has a market capitalization of $4.75 billion, a P/E ratio of 25.98 and a beta of 0.84. The firm’s fifty day simple moving average is $55.24 and its two-hundred day simple moving average is $53.36. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $48.46 and a 12 month high of $56.19.

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

The firm also recently disclosed a dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were paid a $0.3937 dividend. The ex-dividend date of this dividend was Wednesday, July 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.