Fortress Wealth Management Inc. Has $2.07 Million Holdings in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Fortress Wealth Management Inc. lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 64.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 39,630 shares of the company’s stock after acquiring an additional 15,512 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF makes up about 0.9% of Fortress Wealth Management Inc.’s investment portfolio, making the stock its 23rd largest position. Fortress Wealth Management Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,070,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Requisite Capital Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at about $67,579,000. Bank of America Corp DE acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at about $38,330,000. Bank of New York Mellon Corp bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth about $13,632,000. Envestnet Asset Management Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth about $13,194,000. Finally, SK Wealth Management LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 66.4% during the third quarter. SK Wealth Management LLC now owns 460,005 shares of the company’s stock worth $24,012,000 after buying an additional 183,491 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.3%

NASDAQ:GPIX opened at $53.30 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $40.01 and a 12-month high of $53.50. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The stock’s 50 day moving average price is $52.46 and its two-hundred day moving average price is $51.24.

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

The firm also recently declared a monthly dividend, which was paid on Friday, December 5th. Investors of record on Monday, December 1st were paid a $0.3741 dividend. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date was Monday, December 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.