M Holdings Securities Inc. Acquires 50,159 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

M Holdings Securities Inc. boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 115.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,710 shares of the company’s stock after acquiring an additional 50,159 shares during the quarter. Goldman Sachs S&P 500 Core Premium Income ETF accounts for 0.7% of M Holdings Securities Inc.’s portfolio, making the stock its 27th biggest holding. M Holdings Securities Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $5,317,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 50.9% during the fourth quarter. LPL Financial LLC now owns 4,282,956 shares of the company’s stock worth $226,140,000 after purchasing an additional 1,445,041 shares during the last quarter. Bank of America Corp DE grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% in the third 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. Hilton Capital Management LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at $40,208,000. Wells Fargo & Company MN increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 723.5% during the 4th quarter. Wells Fargo & Company MN now owns 660,520 shares of the company’s stock valued at $34,875,000 after purchasing an additional 580,313 shares during the period. Finally, Cerity Partners LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 7,735.9% in the fourth quarter. Cerity Partners LLC now owns 545,924 shares of the company’s stock worth $28,825,000 after buying an additional 538,957 shares in the last quarter.

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

Shares of NASDAQ GPIX opened at $56.34 on Monday. The stock has a market capitalization of $5.11 billion, a PE ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $48.46 and a 12-month high of $56.74. The stock’s fifty day simple moving average is $55.56 and its two-hundred day simple moving average is $53.96.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.3916 per share. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date was Monday, August 3rd.

Goldman Sachs S&P 500 Core Premium Income ETF 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.