Truist Financial Corp Acquires 78,511 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Truist Financial Corp boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 162.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,879 shares of the company’s stock after acquiring an additional 78,511 shares during the quarter. Truist Financial Corp owned about 0.33% of Goldman Sachs S&P 500 Core Premium Income ETF worth $6,627,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Bank of America Corp DE bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at about $38,330,000. Americana Partners LLC grew its stake in 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 last quarter. Bank of New York Mellon Corp bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at about $13,632,000. Envestnet Asset Management Inc. purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter valued at approximately $13,194,000. Finally, SK Wealth Management LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 66.4% in the third quarter. SK Wealth Management LLC now owns 460,005 shares of the company’s stock valued at $24,012,000 after acquiring an additional 183,491 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.3%

NASDAQ:GPIX opened at $53.09 on Tuesday. The firm has a fifty day simple moving average of $52.87 and a 200-day simple moving average of $51.98. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $40.01 and a 12 month high of $53.55. The company has a market capitalization 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 company also recently disclosed a monthly dividend, which will be paid on Friday, February 6th. Stockholders of record on Monday, February 2nd will be issued a $0.3763 dividend. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.38. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend is Monday, February 2nd.

Goldman Sachs S&P 500 Core Premium Income ETF Company 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.