McCarthy & Cox Grows Stock Position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

McCarthy & Cox lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 9.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 263,994 shares of the company’s stock after acquiring an additional 22,407 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF makes up approximately 4.5% of McCarthy & Cox’s investment portfolio, making the stock its 8th biggest position. McCarthy & Cox’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $13,055,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wealthcare Advisory Partners LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 197.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 62,046 shares of the company’s stock worth $3,068,000 after buying an additional 41,190 shares during the last quarter. Mason & Associates Inc acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth about $9,496,000. Moseley Investment Management Inc. raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.4% in the 4th quarter. Moseley Investment Management Inc. now owns 7,082 shares of the company’s stock worth $350,000 after acquiring an additional 836 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at about $249,000. Finally, Elmwood Wealth Management Inc. lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1.8% in the 4th quarter. Elmwood Wealth Management Inc. now owns 75,673 shares of the company’s stock valued at $3,742,000 after purchasing an additional 1,320 shares during the period.

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

NASDAQ GPIX opened at $50.01 on Monday. The stock has a market capitalization of $410.08 million, a P/E ratio of 24.02 and a beta of 0.82. The business has a 50 day simple moving average of $50.01 and a 200 day simple moving average of $48.76. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $43.79 and a one year high of $50.82.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 3rd were given a dividend of $0.3496 per share. This is an increase 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 annualized dividend and a dividend yield of 8.39%.

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.