Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Shares Shorted: Short Interest Down 53.3% in September

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 262,527 shares, a decline of 53.3% from the August 31st total of 561,940 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 1,239,842 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Cahill Financial Advisors Inc. bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at approximately $238,000. Capital Analysts LLC boosted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 13,429.5% in the second quarter. Capital Analysts LLC now owns 304,548 shares of the company’s stock valued at $16,924,000 after buying an additional 302,297 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 41.2% during the second quarter. Integrated Wealth Concepts LLC now owns 8,583 shares of the company’s stock worth $477,000 after buying an additional 2,504 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 95.7% during the second quarter. NewEdge Advisors LLC now owns 74,999 shares of the company’s stock worth $4,168,000 after buying an additional 36,669 shares in the last quarter. Finally, Waverly Advisors LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 8.6% in the 2nd quarter. Waverly Advisors LLC now owns 91,876 shares of the company’s stock valued at $5,106,000 after acquiring an additional 7,264 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.2%

GPIX stock traded down $0.09 during mid-day trading on Wednesday, hitting $55.83. The stock had a trading volume of 1,181,844 shares, compared to its average volume of 917,688. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $48.46 and a 52 week high of $56.74. The firm has a market capitalization of $5.91 billion, a P/E ratio of 25.98 and a beta of 0.84. The firm has a fifty day simple moving average of $55.84 and a 200 day simple moving average of $54.50.

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

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.3974 per share. The ex-dividend date was Tuesday, September 1st. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3916. This represents a $4.77 annualized dividend and a yield of 8.5%.

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.