Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Shares Acquired by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 1.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,673 shares of the company’s stock after buying an additional 1,320 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF makes up approximately 1.5% of Elmwood Wealth Management Inc.’s investment portfolio, making the stock its 15th biggest holding. Elmwood Wealth Management Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $3,742,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Greater Midwest Financial Group LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth $10,937,000. NewEdge Advisors LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth $5,672,000. HighTower Advisors LLC raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 46.0% during the third quarter. HighTower Advisors LLC now owns 309,506 shares of the company’s stock worth $15,192,000 after purchasing an additional 97,483 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $2,285,000. Finally, Jane Street Group LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter worth $1,891,000.

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

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock traded down $0.08 during trading on Monday, hitting $48.66. 205,319 shares of the company’s stock were exchanged, compared to its average volume of 166,147. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $43.63 and a 52-week high of $50.82. The business has a 50-day simple moving average of $50.01 and a 200-day simple moving average of $48.70. The stock has a market capitalization of $369.82 million, a price-to-earnings ratio of 24.02 and a beta of 0.82.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 3rd were issued a $0.3496 dividend. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $4.20 dividend on an annualized basis and a yield of 8.62%.

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.