Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock: Sigma Planning Corp Cuts Holdings

Sigma Planning Corp cut its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 64.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,818 shares of the company’s stock after selling 16,012 shares during the quarter. Sigma Planning Corp’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $492,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% in the 1st quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock worth $147,971,000 after acquiring an additional 523,224 shares during the last quarter. WNY Asset Management LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter worth $19,197,000. Modern Wealth Management LLC lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% during the first quarter. Modern Wealth Management LLC now owns 582,931 shares of the company’s stock valued at $29,147,000 after purchasing an additional 326,488 shares during the last quarter. Capital Analysts LLC lifted its holdings in shares of 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 valued at $16,924,000 after purchasing an additional 302,297 shares during the last quarter. Finally, Richmond Investment Services LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter valued at $13,743,000.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 1.6%

NASDAQ:GPIX opened at $55.14 on Friday. 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 market capitalization of $6.30 billion, a price-to-earnings ratio of 25.98 and a beta of 0.83. The stock has a fifty day simple moving average of $55.94 and a 200 day simple moving average of $54.30.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.3970 per share. This represents a $4.76 annualized dividend and a yield of 8.6%. The ex-dividend date was Thursday, October 1st. This is a drop from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3974.

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.