Beacon Financial Advisory LLC Acquires 24,643 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Beacon Financial Advisory LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 147.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 41,400 shares of the company’s stock after purchasing an additional 24,643 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,162,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GPIX. Requisite Capital Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at $67,579,000. Cornerstone Advisory LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 10.4% in the second quarter. Cornerstone Advisory LLC now owns 973,018 shares of the company’s stock worth $48,476,000 after purchasing an additional 91,749 shares during the last quarter. Bank of America Corp DE purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth $38,330,000. Eaton Financial Holdings Company LLC increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 43.8% in the 2nd quarter. Eaton Financial Holdings Company LLC now owns 501,313 shares of the company’s stock valued at $24,975,000 after buying an additional 152,811 shares during the last quarter. Finally, SK Wealth Management LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 66.4% during the 3rd 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 in the last quarter.

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

GPIX stock opened at $53.11 on Friday. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The stock has a fifty day moving average of $52.61 and a 200-day moving average of $51.72. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $40.01 and a fifty-two week high of $53.50.

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

The company also recently declared a monthly dividend, which was paid on Thursday, January 8th. Shareholders of record on Friday, January 2nd were given a dividend of $0.3755 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a c) annualized dividend and a yield of 8.5%.

Goldman Sachs S&P 500 Core Premium Income ETF 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.