Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Sold by Southern Financial Group LLC

Southern Financial Group LLC trimmed its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 51.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,853 shares of the company’s stock after selling 12,596 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF makes up about 0.2% of Southern Financial Group LLC’s holdings, making the stock its 27th largest holding. Southern Financial Group LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $662,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Frederick Financial Consultants LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.1% in the 3rd quarter. Frederick Financial Consultants LLC now owns 35,791 shares of the company’s stock valued at $1,998,000 after purchasing an additional 4,157 shares during the period. Summit Wealth Group LLC Co. purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at about $388,000. Vise Technologies Inc. lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 15.0% during the third quarter. Vise Technologies Inc. now owns 13,421 shares of the company’s stock valued at $749,000 after buying an additional 1,751 shares during the period. MGO One Seven LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 8.6% in the 3rd quarter. MGO One Seven LLC now owns 246,143 shares of the company’s stock worth $13,742,000 after acquiring an additional 19,431 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,840.7% during the third quarter. International Assets Investment Management LLC now owns 55,000 shares of the company’s stock worth $3,071,000 after purchasing an additional 52,166 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 1.5%

GPIX stock opened at $55.49 on Thursday. The stock has a 50-day moving average price of $55.87 and a two-hundred day moving average price of $54.33. 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 company has a market cap of $6.40 billion, a PE ratio of 25.98 and a beta of 0.83.

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

The business also recently announced a monthly dividend, which will be paid on Friday, November 6th. Stockholders of record on Monday, November 2nd will be given a $0.3885 dividend. The ex-dividend date of this dividend is Monday, November 2nd. This is a negative change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3970. This represents a $4.66 annualized dividend and a dividend yield of 8.4%.

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.