Richmond Investment Services LLC Purchases New Stake in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Richmond Investment Services LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 274,642 shares of the company’s stock, valued at approximately $13,743,000. Goldman Sachs S&P 500 Core Premium Income ETF accounts for 2.2% of Richmond Investment Services LLC’s investment portfolio, making the stock its 10th biggest holding. Richmond Investment Services LLC owned about 0.41% of Goldman Sachs S&P 500 Core Premium Income ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Axxcess Wealth Management LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 2.6% during the 1st quarter. Axxcess Wealth Management LLC now owns 8,379 shares of the company’s stock worth $419,000 after buying an additional 215 shares during the last quarter. Childress Capital Advisors LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 11.9% in the 1st quarter. Childress Capital Advisors LLC now owns 274,717 shares of the company’s stock valued at $13,747,000 after buying an additional 29,188 shares during the last quarter. Clay Northam Wealth Management LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 18.0% during the first quarter. Clay Northam Wealth Management LLC now owns 34,665 shares of the company’s stock worth $1,735,000 after purchasing an additional 5,300 shares during the period. Appleton Partners Inc. MA acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter worth $223,000. Finally, Private Wealth Partners LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 10.8% in the 1st quarter. Private Wealth Partners LLC now owns 76,654 shares of the company’s stock worth $3,836,000 after purchasing an additional 7,500 shares in the last quarter.

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

Shares of NASDAQ:GPIX opened at $55.25 on Wednesday. The business’s 50 day simple moving average is $55.04 and its 200 day simple moving average is $53.23. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $48.46 and a 1 year high of $56.19. The company has a market capitalization of $4.73 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The business also recently announced a dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.3937 per share. The ex-dividend date of this dividend is Wednesday, July 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.