Nations Financial Group Inc. IA ADV Takes Position in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Nations Financial Group Inc. IA ADV acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 12,617 shares of the company’s stock, valued at approximately $659,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 163.2% during the third quarter. Wolff Wiese Magana LLC now owns 487 shares of the company’s stock valued at $25,000 after purchasing an additional 302 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at $106,000. Salem Investment Counselors Inc. raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 14.0% during the 3rd quarter. Salem Investment Counselors Inc. now owns 2,850 shares of the company’s stock valued at $149,000 after purchasing an additional 350 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at $163,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth $205,000.

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

Shares of GPIX stock opened at $53.11 on Tuesday. The stock has a fifty day simple moving average of $52.62 and a two-hundred day simple moving average of $51.76. The firm has a market capitalization of $2.84 billion, a PE ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $40.01 and a 52-week high of $53.50.

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

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

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.