Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Shares Bought by Cornerstone Advisory LLC

Cornerstone Advisory LLC boosted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 19.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,599,317 shares of the company’s stock after buying an additional 262,596 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF makes up about 7.6% of Cornerstone Advisory LLC’s investment portfolio, making the stock its 2nd biggest position. Cornerstone Advisory LLC owned approximately 2.36% of Goldman Sachs S&P 500 Core Premium Income ETF worth $80,030,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Manchester Capital Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at $30,000. Physician Wealth Advisors Inc. bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth $31,000. Private Wealth Asset Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth $34,000. CoreCap Advisors LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% during the fourth quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock worth $38,000 after purchasing an additional 676 shares during the period. Finally, Franklin Resources Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $53,000.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.3%

NASDAQ GPIX opened at $55.51 on Wednesday. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $48.46 and a 12 month high of $56.19. The stock has a 50-day simple moving average of $55.19 and a 200 day simple moving average of $53.32. The company has a market capitalization of $4.75 billion, a PE 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 was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.3937 per share. The ex-dividend date was Wednesday, July 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.