Beacon Financial Advisory LLC Grows Stake in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Beacon Financial Advisory LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 191.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 16,757 shares of the company’s stock after buying an additional 11,006 shares during the quarter. Beacon Financial Advisory LLC owned approximately 0.08% of Goldman Sachs S&P 500 Core Premium Income ETF worth $835,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salem Investment Counselors Inc. lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 237.5% in the 1st quarter. Salem Investment Counselors Inc. now owns 1,350 shares of the company’s stock valued at $63,000 after purchasing an additional 950 shares during the period. Richards Merrill & Peterson Inc. lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,033.3% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,700 shares of the company’s stock valued at $79,000 after purchasing an additional 1,550 shares during the period. Ulland Investment Advisors LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter valued at approximately $107,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at approximately $151,000. Finally, Dynamic Advisor Solutions LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter valued at approximately $210,000.

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

GPIX opened at $52.06 on Friday. The stock has a market cap of $1.73 billion, a PE ratio of 25.98 and a beta of 0.82. The business has a 50 day moving average of $51.14 and a 200-day moving average of $48.70. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $40.01 and a 52 week high of $52.26.

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

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 7th. Investors of record on Wednesday, October 1st will be given a dividend of $0.369 per share. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 8.5%.

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.