Howard Financial Services LTD. Invests $979,000 in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Howard Financial Services LTD. purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,550 shares of the company’s stock, valued at approximately $979,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of GPIX. Next Level Private LLC lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 1.9% during the third quarter. Next Level Private LLC now owns 14,084 shares of the company’s stock worth $735,000 after purchasing an additional 264 shares during the period. Wolff Wiese Magana LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 163.2% during the third quarter. Wolff Wiese Magana LLC now owns 487 shares of the company’s stock worth $25,000 after buying an additional 302 shares in the last quarter. Salem Investment Counselors Inc. increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 14.0% in the 3rd quarter. Salem Investment Counselors Inc. now owns 2,850 shares of the company’s stock valued at $149,000 after buying an additional 350 shares during the period. Balboa Wealth Partners increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 5.3% in the 3rd quarter. Balboa Wealth Partners now owns 7,866 shares of the company’s stock valued at $411,000 after buying an additional 396 shares during the period. Finally, Comprehensive Money Management Services LLC raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 8.5% in the 3rd quarter. Comprehensive Money Management Services LLC now owns 5,650 shares of the company’s stock valued at $295,000 after buying an additional 445 shares in the last quarter.

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

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $50.22 on Wednesday. The company has a 50 day moving average of $52.28 and a 200-day moving average of $52.31. 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 company has a market cap of $2.81 billion, a PE ratio of 25.98 and a beta of 0.84.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3718 per share. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date was Monday, March 2nd.

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.