Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Position Boosted by Channel Wealth LLC

Channel Wealth LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 699.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 112,061 shares of the company’s stock after acquiring an additional 98,036 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF comprises 1.3% of Channel Wealth LLC’s portfolio, making the stock its 20th largest holding. Channel Wealth LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $6,256,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kintra Wealth LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 13.5% in the 2nd quarter. Kintra Wealth LLC now owns 490,051 shares of the company’s stock valued at $27,771,000 after buying an additional 58,462 shares in the last quarter. NWF Advisory Services Inc. acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at $612,000. SMART Wealth LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 101.9% during the 2nd quarter. SMART Wealth LLC now owns 44,456 shares of the company’s stock valued at $2,470,000 after buying an additional 22,435 shares during the last quarter. Capital Analysts LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 13,429.5% during the second quarter. Capital Analysts LLC now owns 304,548 shares of the company’s stock worth $16,924,000 after buying an additional 302,297 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 232.2% during the second quarter. Concurrent Investment Advisors LLC now owns 29,182 shares of the company’s stock worth $1,622,000 after buying an additional 20,398 shares in the last quarter.

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

NASDAQ GPIX opened at $54.65 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $48.46 and a fifty-two week high of $56.74. The stock has a market cap of $6.55 billion, a price-to-earnings ratio of 25.98 and a beta of 0.83. The business has a fifty day moving average of $55.62 and a 200-day moving average of $54.37.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, November 6th. Investors of record on Monday, November 2nd were paid a dividend of $0.3885 per share. The ex-dividend date of this dividend was Monday, November 2nd. This is a decrease from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3970. This represents a $4.66 dividend on an annualized basis and a dividend yield of 8.5%.

Goldman Sachs S&P 500 Core Premium Income ETF 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.