Moors & Cabot Inc. Sells 4,312 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Moors & Cabot Inc. decreased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 19.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 17,738 shares of the company’s stock after selling 4,312 shares during the quarter. Moors & Cabot Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $884,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Requisite Capital Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth approximately $67,579,000. LPL Financial LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 64.4% during the first quarter. LPL Financial LLC now owns 1,310,939 shares of the company’s stock worth $61,103,000 after purchasing an additional 513,771 shares during the period. Cornerstone Advisory LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 10.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 973,018 shares of the company’s stock worth $48,476,000 after purchasing an additional 91,749 shares during the last quarter. HighTower Advisors LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 69.0% in the 1st quarter. HighTower Advisors LLC now owns 791,125 shares of the company’s stock valued at $36,874,000 after purchasing an additional 323,022 shares during the period. Finally, Eaton Financial Holdings Company LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 43.8% in the 2nd quarter. Eaton Financial Holdings Company LLC now owns 501,313 shares of the company’s stock valued at $24,975,000 after purchasing an additional 152,811 shares during the period.

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

GPIX stock opened at $51.98 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $40.01 and a fifty-two week high of $53.50. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The business’s fifty day moving average price is $51.96 and its two-hundred day moving average price is $49.98.

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

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

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.