Markowski Investments Invests $10.45 Million in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Markowski Investments acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 187,992 shares of the company’s stock, valued at approximately $10,447,000. Goldman Sachs S&P 500 Core Premium Income ETF comprises approximately 2.3% of Markowski Investments’ investment portfolio, making the stock its 16th biggest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of GPIX. Highland Investment Advisors LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at approximately $34,000. SMART Wealth LLC grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 101.9% during the 2nd quarter. SMART Wealth LLC now owns 44,456 shares of the company’s stock worth $2,470,000 after purchasing an additional 22,435 shares during the last quarter. NWF Advisory Services Inc. acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at approximately $612,000. Concurrent Investment Advisors LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 232.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 29,182 shares of the company’s stock valued at $1,622,000 after purchasing an additional 20,398 shares in the last quarter. Finally, High Net Worth Advisory Group LLC raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.1% in the second quarter. High Net Worth Advisory Group LLC now owns 46,789 shares of the company’s stock worth $2,600,000 after buying an additional 5,421 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.2%

NASDAQ:GPIX opened at $56.04 on Friday. The company has a market capitalization of $5.08 billion, a P/E ratio of 25.98 and a beta of 0.84. 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 firm has a fifty day simple moving average of $55.67 and a 200-day simple moving average of $54.07.

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

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 8th. Investors of record on Tuesday, September 1st will be paid a $0.3974 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.39. The ex-dividend date is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 8.5%.

Goldman Sachs S&P 500 Core Premium Income ETF 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.