Mission Wealth Management LP Invests $6.40 Million in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Mission Wealth Management LP bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 128,534 shares of the company’s stock, valued at approximately $6,404,000. Mission Wealth Management LP owned about 0.54% of Goldman Sachs S&P 500 Core Premium Income ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of GPIX. DAVENPORT & Co LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.8% in the 1st quarter. DAVENPORT & Co LLC now owns 47,023 shares of the company’s stock worth $2,192,000 after purchasing an additional 1,724 shares during the last quarter. Hexagon Capital Partners LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 63.4% in the 1st quarter. Hexagon Capital Partners LLC now owns 11,883 shares of the company’s stock worth $554,000 after purchasing an additional 4,612 shares during the last quarter. Axxcess Wealth Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter worth about $357,000. CFO4Life Group LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter worth about $219,000. Finally, Greater Midwest Financial Group LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.4% in the 1st quarter. Greater Midwest Financial Group LLC now owns 242,370 shares of the company’s stock worth $11,297,000 after purchasing an additional 8,014 shares during the last quarter.

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

GPIX opened at $53.03 on Friday. The company has a 50-day moving average of $51.85 and a 200-day moving average of $49.72. The company has a market capitalization of $1.99 billion, a P/E ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $40.01 and a 1-year high of $53.50.

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

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 7th. Investors of record on Wednesday, October 1st were given a dividend of $0.369 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.36.

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.