Bay Colony Advisory Group Inc d b a Bay Colony Advisors Makes New $205,000 Investment in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,108 shares of the company’s stock, valued at approximately $205,000.

Several other large investors have also bought and sold shares of the company. Balboa Wealth Partners raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 3.0% in the second quarter. Balboa Wealth Partners now owns 7,470 shares of the company’s stock worth $372,000 after buying an additional 220 shares during the last quarter. Moseley Investment Management Inc. grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 4.0% in the second quarter. Moseley Investment Management Inc. now owns 7,262 shares of the company’s stock worth $362,000 after acquiring an additional 281 shares during the period. Collective Family Office LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.0% in the second quarter. Collective Family Office LLC now owns 12,871 shares of the company’s stock worth $641,000 after acquiring an additional 373 shares during the period. Financial Management Network Inc. grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.2% in the second quarter. Financial Management Network Inc. now owns 19,127 shares of the company’s stock worth $955,000 after acquiring an additional 601 shares during the period. Finally, Curi RMB Capital LLC grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.8% in the first quarter. Curi RMB Capital LLC now owns 17,568 shares of the company’s stock worth $819,000 after acquiring an additional 649 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.2%

Shares of GPIX stock opened at $53.03 on Friday. The company has a 50 day moving average price of $51.85 and a 200-day moving average price of $49.72. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $40.01 and a 52 week high of $53.50. The firm has a market capitalization of $1.99 billion, a PE ratio of 25.98 and a beta of 0.84.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Wednesday, October 1st were paid a $0.369 dividend. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.36. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date was Wednesday, October 1st.

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.