Founders Financial Securities LLC lowered its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX – Free Report) by 45.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,688 shares of the company’s stock after selling 48,736 shares during the quarter. Founders Financial Securities LLC owned about 0.05% of Goldman Sachs S&P 500 Core Premium Income ETF worth $3,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also bought and sold shares of GPIX. Bank of America Corp DE lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% during the first quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock valued at $147,971,000 after buying an additional 523,224 shares during the period. WNY Asset Management LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter valued at about $19,197,000. Modern Wealth Management LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% during the 1st quarter. Modern Wealth Management LLC now owns 582,931 shares of the company’s stock valued at $29,147,000 after acquiring an additional 326,488 shares during the period. Capital Analysts LLC boosted its stake 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 acquiring an additional 302,297 shares in the last quarter. Finally, Richmond Investment Services LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter worth approximately $13,743,000.
Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.2%
Shares of NASDAQ:GPIX opened at $56.06 on Friday. The stock has a fifty day simple moving average of $55.95 and a two-hundred day simple moving average of $54.29. 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 stock has a market capitalization 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 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 issued a dividend of $0.3970 per share. The ex-dividend date was Thursday, October 1st. This is a negative change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. This represents a $4.76 dividend on an annualized basis and a dividend yield of 8.5%.
About Goldman Sachs S&P 500 Core Premium Income ETF
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.
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