Moors & Cabot Inc. Acquires 591 Shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Moors & Cabot Inc. boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 6.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,349 shares of the company’s stock after purchasing an additional 591 shares during the quarter. Moors & Cabot Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $459,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Lionsbridge Wealth Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at about $847,000. Fortress Wealth Management Inc. boosted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 4.8% during the 2nd quarter. Fortress Wealth Management Inc. now owns 20,820 shares of the company’s stock valued at $988,000 after acquiring an additional 949 shares in the last quarter. Moseley Investment Management Inc. bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter valued at approximately $218,000. Aurora Private Wealth Inc. grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 89.0% during the 2nd quarter. Aurora Private Wealth Inc. now owns 29,404 shares of the company’s stock worth $1,396,000 after acquiring an additional 13,846 shares during the period. Finally, Avalon Capital Management bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth approximately $2,253,000.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.3 %

NASDAQ GPIX opened at $50.18 on Friday. The firm has a market capitalization of $260.94 million, a PE ratio of 24.02 and a beta of 0.82. The stock’s 50 day moving average is $49.17 and its 200 day moving average is $47.86. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $42.15 and a twelve month high of $50.44.

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

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Monday, November 4th were given a $0.3427 dividend. The ex-dividend date was Monday, November 4th. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.30. This represents a $4.11 dividend on an annualized basis and a dividend yield of 8.20%.

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.