Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Stock Short Interest Report for September

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 410,614 shares, an increase of 56.4% from the September 15th total of 262,527 shares. Based on an average daily trading volume, of 1,192,658 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the shares of the company are sold short.

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

GPIX traded down $0.53 during trading on Friday, hitting $55.58. The stock had a trading volume of 817,392 shares, compared to its average volume of 931,728. The firm has a market capitalization of $6.14 billion, a P/E ratio of 25.98 and a beta of 0.83. 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 twelve month low of $48.46 and a twelve month high of $56.74.

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. Stockholders of record on Thursday, October 1st were paid a $0.3970 dividend. This is a drop from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. The ex-dividend date was Thursday, October 1st. This represents a $4.76 annualized dividend and a dividend yield of 8.6%.

Institutional Trading of Goldman Sachs S&P 500 Core Premium Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in GPIX. Highland Investment Advisors LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth about $34,000. Tsfg LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at approximately $45,000. International Assets Investment Management LLC boosted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 877.6% in the 1st quarter. International Assets Investment Management LLC now owns 2,229 shares of the company’s stock valued at $111,000 after purchasing an additional 2,001 shares in the last quarter. Miller Global Investments LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth approximately $112,000. Finally, Geneos Wealth Management Inc. increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 24.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,859 shares of the company’s stock worth $143,000 after purchasing an additional 554 shares during the period.

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.