Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Up 10.2% in March

Posted by Amy Steele on Apr 17th, 2024

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX – Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 34,500 shares, a growth of 10.2% from the March 15th total of 31,300 shares. Based on an average daily trading volume, of 29,400 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

Several institutional investors have recently added to or reduced their stakes in GPIX. Cary Street Partners Investment Advisory LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at about $252,000. High Net Worth Advisory Group LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 58.3% during the first quarter. High Net Worth Advisory Group LLC now owns 9,500 shares of the company’s stock valued at $447,000 after purchasing an additional 3,500 shares during the last quarter. MGO One Seven LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth about $664,000. Goldman Sachs Group Inc. purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth about $1,316,000. Finally, Private Wealth Partners LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth about $2,086,000.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.0 %

Shares of NASDAQ:GPIX opened at $45.12 on Wednesday. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $39.03 and a fifty-two week high of $47.12. The business has a 50-day moving average of $46.09.

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

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 8th. Shareholders of record on Wednesday, April 3rd were issued a dividend of $0.3326 per share. The ex-dividend date was Tuesday, April 2nd. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.30. This represents a $3.99 annualized dividend and a yield of 8.85%.