FRG Family Wealth Advisors LLC Lowers Stake in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

FRG Family Wealth Advisors LLC lowered its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 4.7% in the second quarter, Holdings Channel reports. The institutional investor owned 18,435 shares of the company’s stock after selling 910 shares during the period. FRG Family Wealth Advisors LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $918,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Balboa Wealth Partners lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 3.0% during the second quarter. Balboa Wealth Partners now owns 7,470 shares of the company’s stock worth $372,000 after buying an additional 220 shares during the period. Moseley Investment Management Inc. lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 4.0% during the second quarter. Moseley Investment Management Inc. now owns 7,262 shares of the company’s stock worth $362,000 after buying an additional 281 shares during the period. Collective Family Office LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 3.0% during the second quarter. Collective Family Office LLC now owns 12,871 shares of the company’s stock worth $641,000 after buying an additional 373 shares during the period. Financial Management Network Inc. lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 3.2% during the second quarter. Financial Management Network Inc. now owns 19,127 shares of the company’s stock worth $955,000 after buying an additional 601 shares during the period. Finally, Curi RMB Capital LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 3.8% during the first quarter. Curi RMB Capital LLC now owns 17,568 shares of the company’s stock worth $819,000 after buying an additional 649 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 0.0%

Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $53.34 on Thursday. The business has a fifty day moving average of $51.76 and a two-hundred day moving average of $49.60. The firm has a market cap of $2.00 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 twelve month low of $40.01 and a twelve month high of $53.50.

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

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.369 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 8.3%. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.36.

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.