Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Update

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 145,063 shares, a decrease of 76.4% from the May 31st total of 615,757 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 918,609 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

Several large investors have recently modified their holdings of GPIX. Southern Financial Group LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 75.7% during the 1st quarter. Southern Financial Group LLC now owns 23,932 shares of the company’s stock valued at $1,198,000 after buying an additional 10,311 shares during the period. WNY Asset Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter valued at $19,197,000. GKV Capital Management Co. Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter valued at $1,002,000. Western Wealth Management LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 22.0% in the first quarter. Western Wealth Management LLC now owns 47,358 shares of the company’s stock valued at $2,370,000 after acquiring an additional 8,554 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% in the first quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock valued at $147,971,000 after acquiring an additional 523,224 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 1.3%

NASDAQ GPIX traded up $0.69 during trading hours on Monday, hitting $55.19. 808,346 shares of the company were exchanged, compared to its average volume of 812,277. The stock has a 50-day moving average price of $54.79 and a 200 day moving average price of $53.09. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $48.46 and a 52 week high of $56.19. The stock has a market cap of $3.75 billion, a PE 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 announced a dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, June 1st were issued a $0.3969 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.38. The ex-dividend date was Monday, June 1st.

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.