Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Purchased by Mission Wealth Management LP

Mission Wealth Management LP grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 13.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 145,749 shares of the company’s stock after purchasing an additional 17,215 shares during the quarter. Mission Wealth Management LP owned 0.38% of Goldman Sachs S&P 500 Core Premium Income ETF worth $7,612,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Cornerstone Advisory LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 10.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 973,018 shares of the company’s stock worth $48,476,000 after acquiring an additional 91,749 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth $38,330,000. Americana Partners LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13,679.1% in the third quarter. Americana Partners LLC now owns 732,086 shares of the company’s stock valued at $38,237,000 after purchasing an additional 726,773 shares during the period. Pineridge Advisors LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at $29,676,000. Finally, SK Wealth Management LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 66.4% during the 3rd quarter. SK Wealth Management LLC now owns 460,005 shares of the company’s stock worth $24,012,000 after buying an additional 183,491 shares during the period.

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

NASDAQ:GPIX opened at $53.09 on Tuesday. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $40.01 and a 1-year high of $53.55. The firm has a 50-day moving average of $52.87 and a two-hundred day moving average of $51.98. The stock has a market cap of $2.95 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, February 6th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.3763 per share. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.38. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend 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.