Compass Financial Management LLC Takes $2.71 Million Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Compass Financial Management LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 2nd quarter, Holdings Channel reports. The firm acquired 48,612 shares of the company’s stock, valued at approximately $2,715,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. LPL Financial LLC grew its holdings in 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 period. Bank of America Corp DE raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% in the first quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock valued at $147,971,000 after buying an additional 523,224 shares during the period. Requisite Capital Management LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% in the fourth quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock valued at $119,925,000 after buying an additional 226,995 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.4% in the fourth quarter. HighTower Advisors LLC now owns 2,000,929 shares of the company’s stock valued at $105,649,000 after buying an additional 235,851 shares during the last quarter. Finally, Cornerstone Advisory LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 19.6% during the 1st quarter. Cornerstone Advisory LLC now owns 1,599,317 shares of the company’s stock worth $80,030,000 after acquiring an additional 262,596 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.4%

Shares of NASDAQ GPIX opened at $56.09 on Friday. The company has a market capitalization of $5.09 billion, a P/E 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 has a 50 day moving average of $55.49 and a 200-day moving average of $53.83.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, August 3rd were given a dividend of $0.3916 per share. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend was Monday, August 3rd.

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.