Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock Bought by Childress Capital Advisors LLC

Childress Capital Advisors LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 24.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 446,256 shares of the company’s stock after acquiring an additional 88,088 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF comprises about 3.9% of Childress Capital Advisors LLC’s holdings, making the stock its 4th biggest position. Childress Capital Advisors LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $24,914,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its holdings 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 worth $147,971,000 after acquiring an additional 523,224 shares during the period. WNY Asset Management LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter worth $19,197,000. Modern Wealth Management LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% during 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 during the last quarter. Capital Analysts LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13,429.5% during the second quarter. Capital Analysts LLC now owns 304,548 shares of the company’s stock worth $16,924,000 after purchasing an additional 302,297 shares during the last quarter. Finally, Richmond Investment Services LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter worth $13,743,000.

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

GPIX opened at $56.06 on Friday. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 25.98 and a beta of 0.83. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $48.46 and a one year high of $56.74. The business’s fifty day moving average is $55.95 and its two-hundred day moving average is $54.29.

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

The company also recently declared a monthly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.3970 per share. 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 of this dividend was Thursday, October 1st. This represents a $4.76 annualized dividend and a dividend 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.