Park Avenue Securities LLC Buys Shares of 5,032 Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Park Avenue Securities LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 5,032 shares of the company’s stock, valued at approximately $249,000. Park Avenue Securities LLC owned approximately 0.07% of Goldman Sachs S&P 500 Core Premium Income ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. NewEdge Advisors LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at about $5,672,000. Greater Midwest Financial Group LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at approximately $10,937,000. Collective Family Office LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter valued at approximately $352,000. Hexagon Capital Partners LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth approximately $317,000. Finally, Castle Rock Wealth Management LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter worth approximately $887,000.

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

NASDAQ GPIX opened at $50.66 on Friday. The business has a 50 day moving average price of $50.05 and a 200 day moving average price of $48.85. The company has a market capitalization of $430.61 million, a P/E ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $44.06 and a 1-year high of $50.82.

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

The company also recently declared a monthly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 3rd were given a $0.3496 dividend. The ex-dividend date was Friday, January 3rd. This represents a $4.20 dividend on an annualized basis and a dividend yield of 8.28%. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34.

About Goldman Sachs S&P 500 Core Premium Income ETF

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.