Howard Financial Services LTD. Invests $979,000 in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Howard Financial Services LTD. bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,550 shares of the company’s stock, valued at approximately $979,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Next Level Private LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 1.9% during the third quarter. Next Level Private LLC now owns 14,084 shares of the company’s stock worth $735,000 after acquiring an additional 264 shares during the period. Wolff Wiese Magana LLC boosted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 163.2% in the 3rd quarter. Wolff Wiese Magana LLC now owns 487 shares of the company’s stock valued at $25,000 after purchasing an additional 302 shares during the period. Salem Investment Counselors Inc. grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 14.0% during the 3rd quarter. Salem Investment Counselors Inc. now owns 2,850 shares of the company’s stock worth $149,000 after purchasing an additional 350 shares in the last quarter. Balboa Wealth Partners grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 5.3% during the 3rd quarter. Balboa Wealth Partners now owns 7,866 shares of the company’s stock worth $411,000 after purchasing an additional 396 shares in the last quarter. Finally, Comprehensive Money Management Services LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 8.5% during the third quarter. Comprehensive Money Management Services LLC now owns 5,650 shares of the company’s stock worth $295,000 after purchasing an additional 445 shares during the period.

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

Shares of GPIX opened at $50.22 on Wednesday. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $40.01 and a 12 month high of $53.55. The firm’s 50 day moving average is $52.28 and its 200-day moving average is $52.31. The stock has a market capitalization of $2.81 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 disclosed a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.3718 per share. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date was Monday, March 2nd.

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.