Goldman Sachs S&P 500 Core Premium Income ETF $GPIX Stock Purchased by Parallel Advisors LLC

Parallel Advisors LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 35,208.1% in the third quarter, HoldingsChannel reports. The firm owned 914,832 shares of the company’s stock after buying an additional 912,241 shares during the period. Goldman Sachs S&P 500 Core Premium Income ETF accounts for about 0.7% of Parallel Advisors LLC’s holdings, making the stock its 22nd biggest holding. Parallel Advisors LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $51,075,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of GPIX. Kintra Wealth LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13.5% during the second quarter. Kintra Wealth LLC now owns 490,051 shares of the company’s stock worth $27,771,000 after acquiring an additional 58,462 shares during the period. NWF Advisory Services Inc. purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter valued at approximately $612,000. SMART Wealth LLC raised its position in Goldman Sachs S&P 500 Core Premium Income ETF by 101.9% during the second quarter. SMART Wealth LLC now owns 44,456 shares of the company’s stock valued at $2,470,000 after acquiring an additional 22,435 shares in the last quarter. Concurrent Investment Advisors LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 232.2% in the second quarter. Concurrent Investment Advisors LLC now owns 29,182 shares of the company’s stock valued at $1,622,000 after acquiring an additional 20,398 shares during the period. Finally, Capital Analysts LLC lifted its holdings 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 acquiring an additional 302,297 shares during the period.

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

Goldman Sachs S&P 500 Core Premium Income ETF stock traded up $0.16 during mid-day trading on Friday, hitting $53.36. The company had a trading volume of 1,625,286 shares, compared to its average volume of 965,396. 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 company’s fifty day moving average is $55.75 and its 200-day moving average is $54.33. The company has a market capitalization of $6.15 billion, a price-to-earnings ratio of 25.98 and a beta of 0.83.

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

The company also recently announced a monthly dividend, which was paid on Friday, November 6th. Investors of record on Monday, November 2nd were paid a $0.3885 dividend. The ex-dividend date was Monday, November 2nd. This represents a $4.66 annualized dividend and a dividend yield of 8.7%. This is a decrease from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.3970.

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.