Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Position Raised by Fortress Wealth Management Inc.

Fortress Wealth Management Inc. raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 5.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,002 shares of the company’s stock after purchasing an additional 1,182 shares during the quarter. Fortress Wealth Management Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $1,080,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. McCarthy & Cox increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 9.2% in the third quarter. McCarthy & Cox now owns 241,587 shares of the company’s stock worth $11,860,000 after acquiring an additional 20,310 shares in the last quarter. Commonwealth Equity Services LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 9.3% during the second quarter. Commonwealth Equity Services LLC now owns 241,553 shares of the company’s stock valued at $11,467,000 after buying an additional 20,474 shares during the period. Greater Midwest Financial Group LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 2.2% in the 3rd quarter. Greater Midwest Financial Group LLC now owns 237,906 shares of the company’s stock worth $11,679,000 after acquiring an additional 5,050 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at about $5,672,000. Finally, Elmwood Wealth Management Inc. increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 4.9% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 74,353 shares of the company’s stock valued at $3,650,000 after purchasing an additional 3,497 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.2 %

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock traded up $0.12 on Friday, hitting $49.49. 40,713 shares of the company traded hands, compared to its average volume of 43,586. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $39.03 and a 12-month high of $49.94. The company has a market cap of $232.60 million, a PE ratio of 24.02 and a beta of 0.82. The company has a 50-day moving average price of $48.22 and a 200 day moving average price of $47.16.

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

The company also recently announced a monthly dividend, which was paid on Tuesday, October 8th. Shareholders of record on Wednesday, October 2nd were given a $0.3472 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. This represents a $4.17 annualized dividend and a yield of 8.42%. The ex-dividend date of this dividend was Wednesday, October 2nd.

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.