Cetera Investment Advisers Boosts Stock Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Cetera Investment Advisers lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 31.8% in the first quarter, HoldingsChannel reports. The fund owned 294,924 shares of the company’s stock after acquiring an additional 71,204 shares during the period. Cetera Investment Advisers’ holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $14,758,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 419.4% during the 1st quarter. Royal Bank of Canada now owns 103,307 shares of the company’s stock worth $4,815,000 after acquiring an additional 83,419 shares during the period. Jane Street Group LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 857.0% in the first quarter. Jane Street Group LLC now owns 81,992 shares of the company’s stock worth $3,822,000 after purchasing an additional 73,424 shares in the last quarter. Cerity Partners LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter worth $347,000. Raymond James Financial Inc. bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at $1,577,000. Finally, White Knight Strategic Wealth Advisors LLC raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 7.2% during the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 15,360 shares of the company’s stock valued at $765,000 after purchasing an additional 1,026 shares during the period.

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

GPIX opened at $54.97 on Wednesday. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $48.46 and a fifty-two week high of $56.19. The firm’s fifty day moving average is $55.23 and its 200 day moving average is $53.47. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84.

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

The firm also recently declared a dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3937 per share. The ex-dividend date of this dividend was 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.