White Knight Strategic Wealth Advisors LLC Invests $912,000 in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

White Knight Strategic Wealth Advisors LLC purchased a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 18,446 shares of the company’s stock, valued at approximately $912,000. White Knight Strategic Wealth Advisors LLC owned about 0.21% of Goldman Sachs S&P 500 Core Premium Income ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Graney & King LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $13,066,000. Robertson Stephens Wealth Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth about $11,487,000. HighTower Advisors LLC grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 51.2% during the 4th quarter. HighTower Advisors LLC now owns 468,103 shares of the company’s stock worth $23,148,000 after buying an additional 158,597 shares during the period. LPL Financial LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 17.1% in the 4th quarter. LPL Financial LLC now owns 797,168 shares of the company’s stock valued at $39,420,000 after acquiring an additional 116,515 shares during the last quarter. Finally, Forefront Wealth Management Inc. acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at approximately $4,395,000.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.1%

Shares of NASDAQ GPIX opened at $48.42 on Tuesday. The company’s fifty day moving average is $45.71 and its 200-day moving average is $48.37. The stock has a market cap of $706.93 million, a price-to-earnings ratio of 24.55 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $40.01 and a twelve month high of $50.84.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 7th. Investors of record on Thursday, May 1st were given a $0.3229 dividend. The ex-dividend date was Thursday, May 1st. This represents a $3.87 annualized dividend and a yield of 8.00%.

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.