NWF Advisory Services Inc. Purchases New Holdings in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

NWF Advisory Services Inc. purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,018 shares of the company’s stock, valued at approximately $612,000.

Several other institutional investors also recently added to or reduced their stakes in GPIX. Manchester Capital Management LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth approximately $30,000. Private Wealth Asset Management LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth $34,000. Tsfg LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter valued at about $45,000. Franklin Resources Inc. purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at approximately $53,000. Finally, Redwood Park Advisors LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 127.3% in the 4th quarter. Redwood Park Advisors LLC now owns 1,098 shares of the company’s stock worth $58,000 after purchasing an additional 615 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Performance

Shares of GPIX stock opened at $56.04 on Friday. The stock’s 50-day simple moving average is $55.67 and its 200-day simple moving average is $54.07. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $48.46 and a fifty-two week high of $56.74.

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

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.3974 per share. The ex-dividend date is Tuesday, September 1st. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.39. This represents a c) annualized dividend and a dividend 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.