Envestnet Asset Management Inc. Buys Shares of 264,837 Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Envestnet Asset Management Inc. purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the second quarter, HoldingsChannel reports. The firm purchased 264,837 shares of the company’s stock, valued at approximately $13,194,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Requisite Capital Management LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter worth approximately $67,579,000. LPL Financial LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 64.4% in the 1st quarter. LPL Financial LLC now owns 1,310,939 shares of the company’s stock worth $61,103,000 after buying an additional 513,771 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 933.1% in the first quarter. Commonwealth Equity Services LLC now owns 408,280 shares of the company’s stock valued at $19,030,000 after buying an additional 368,761 shares during the period. Eaton Financial Holdings Company LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter valued at about $16,244,000. Finally, HighTower Advisors LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 69.0% during the first quarter. HighTower Advisors LLC now owns 791,125 shares of the company’s stock valued at $36,874,000 after buying an additional 323,022 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.1%

Shares of NASDAQ GPIX opened at $51.98 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $40.01 and a twelve month high of $53.50. The firm has a 50-day moving average of $51.96 and a two-hundred day moving average of $49.98. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84.

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

The firm also recently announced a monthly dividend, which was paid on Friday, November 7th. Investors of record on Monday, November 3rd were paid a dividend of $0.3756 per share. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.37. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend was Monday, November 3rd.

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.