Aurora Private Wealth Inc. Makes New $4.08 Million Investment in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Aurora Private Wealth Inc. purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the fourth quarter, Holdings Channel.com reports. The fund purchased 77,190 shares of the company’s stock, valued at approximately $4,076,000. Goldman Sachs S&P 500 Core Premium Income ETF accounts for 2.7% of Aurora Private Wealth Inc.’s investment portfolio, making the stock its 5th biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of GPIX. Bank of America Corp DE increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% during the third quarter. Bank of America Corp DE now owns 1,627,328 shares of the company’s stock worth $84,995,000 after purchasing an additional 857,957 shares during the period. Americana Partners LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13,679.1% during the 3rd quarter. Americana Partners LLC now owns 732,086 shares of the company’s stock worth $38,237,000 after purchasing an additional 726,773 shares during the period. Pineridge Advisors LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth about $29,676,000. SK Wealth Management LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 89.5% during the 4th quarter. SK Wealth Management LLC now owns 871,722 shares of the company’s stock worth $46,498,000 after purchasing an additional 411,717 shares during the period. Finally, Eaton Financial Holdings Company LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 67.6% during the 3rd quarter. Eaton Financial Holdings Company LLC now owns 840,143 shares of the company’s stock worth $43,881,000 after purchasing an additional 338,830 shares during the period.

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

Shares of NASDAQ GPIX opened at $53.86 on Friday. The stock’s 50-day moving average is $51.77 and its two-hundred day moving average is $52.32. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $45.70 and a 1-year high of $54.19. The company has a market cap of $3.63 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 business also recently declared a dividend, which will be paid on Thursday, May 7th. Shareholders of record on Friday, May 1st will be issued a dividend of $0.3831 per share. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35. The ex-dividend date is Friday, May 1st.

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.