Envestnet Portfolio Solutions Inc. Purchases 20,172 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Envestnet Portfolio Solutions Inc. raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 15.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 147,249 shares of the company’s stock after buying an additional 20,172 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.26% of Goldman Sachs S&P 500 Core Premium Income ETF worth $7,775,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Requisite Capital Management LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% during the 4th quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock worth $119,925,000 after purchasing an additional 226,995 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 5.5% during the 3rd quarter. HighTower Advisors LLC now owns 1,765,078 shares of the company’s stock worth $92,190,000 after purchasing an additional 91,726 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% during the 3rd 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 in the last quarter. Cornerstone Advisory LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 17.1% during the 4th quarter. Cornerstone Advisory LLC now owns 1,336,721 shares of the company’s stock worth $70,579,000 after purchasing an additional 195,336 shares in the last quarter. Finally, SK Wealth Management LLC raised its stake in shares of 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 in the last quarter.

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

Shares of NASDAQ:GPIX opened at $55.16 on Thursday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $47.04 and a 52-week high of $55.62. The company has a market capitalization of $3.75 billion, a P/E ratio of 25.98 and a beta of 0.84. The company has a 50-day simple moving average of $52.38 and a 200 day simple moving average of $52.53.

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

The firm also recently declared a dividend, which was paid on Thursday, May 7th. Investors of record on Friday, May 1st were given 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 of this dividend was Friday, May 1st.

About Goldman Sachs S&P 500 Core Premium Income ETF

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.