Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock: Retirement Planning Group LLC Trims Position

Retirement Planning Group LLC trimmed its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 76.9% during the third quarter, Holdings Channel reports. The institutional investor owned 109,151 shares of the company’s stock after selling 363,574 shares during the period. Retirement Planning Group LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $6,094,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Highland Investment Advisors LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at about $34,000. Tsfg LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth about $45,000. Miller Global Investments LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter worth approximately $112,000. International Assets Investment Management LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 877.6% in the first quarter. International Assets Investment Management LLC now owns 2,229 shares of the company’s stock worth $111,000 after acquiring an additional 2,001 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 24.0% in the first quarter. Geneos Wealth Management Inc. now owns 2,859 shares of the company’s stock worth $143,000 after acquiring an additional 554 shares during the last quarter.

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

Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $55.82 on Tuesday. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $48.46 and a 1 year high of $56.74. The firm has a 50 day moving average price of $56.02 and a 200 day moving average price of $55.07. The company has a market cap of $6.21 billion, a price-to-earnings 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 declared a monthly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3970 per share. This is a decrease from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974. This represents a $4.76 dividend on an annualized basis and a yield of 8.5%. The ex-dividend date of this dividend was Thursday, October 1st.

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.