Wealth Enhancement Advisory Services LLC Makes New $280,000 Investment in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Wealth Enhancement Advisory Services LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,700 shares of the company’s stock, valued at approximately $280,000. Wealth Enhancement Advisory Services LLC owned about 0.12% of Goldman Sachs S&P 500 Core Premium Income ETF as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of GPIX. Moseley Investment Management Inc. bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at $218,000. Hexagon Capital Partners LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter worth about $317,000. Collective Family Office LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth about $352,000. FRG Family Wealth Advisors LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,191.5% in the 2nd quarter. FRG Family Wealth Advisors LLC now owns 8,395 shares of the company’s stock valued at $379,000 after acquiring an additional 7,745 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at approximately $519,000.

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

Shares of NASDAQ GPIX opened at $50.27 on Tuesday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $41.50 and a 52-week high of $50.44. The stock has a market cap of $261.40 million, a P/E ratio of 24.02 and a beta of 0.82. The firm has a 50 day moving average price of $48.70 and a 200 day moving average price of $47.60.

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

The company also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Monday, November 4th were issued a $0.3427 dividend. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Monday, November 4th. This represents a $4.11 annualized dividend and a dividend yield of 8.18%.

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.