DAVENPORT & Co LLC Has $4.63 Million Holdings in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

DAVENPORT & Co LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 13.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,761 shares of the company’s stock after acquiring an additional 10,249 shares during the period. DAVENPORT & Co LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $4,634,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% in the third quarter. Bank of America Corp DE now owns 1,627,328 shares of the company’s stock valued at $84,995,000 after purchasing an additional 857,957 shares during the last quarter. Americana Partners LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13,679.1% during the 3rd quarter. Americana Partners LLC now owns 732,086 shares of the company’s stock worth $38,237,000 after purchasing an additional 726,773 shares during the last quarter. Pineridge Advisors LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth about $29,676,000. Eaton Financial Holdings Company LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 67.6% during the 3rd quarter. Eaton Financial Holdings Company LLC now owns 840,143 shares of the company’s stock valued at $43,881,000 after purchasing an additional 338,830 shares during the period. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at approximately $14,432,000.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 1.6%

GPIX opened at $48.84 on Friday. The stock’s 50 day moving average price is $52.07 and its two-hundred day moving average price is $52.27. The firm has a market capitalization of $2.74 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 12-month low of $40.01 and a 12-month high of $53.55.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a $0.3718 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 9.1%.

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.