Ellis Investment Partners LLC Purchases 37,423 Shares of Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Ellis Investment Partners LLC grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 711.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,685 shares of the company’s stock after buying an additional 37,423 shares during the period. Ellis Investment Partners LLC owned approximately 0.18% of Goldman Sachs S&P 500 Core Premium Income ETF worth $2,127,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Moseley Investment Management Inc. increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 4.0% during the 2nd quarter. Moseley Investment Management Inc. now owns 7,262 shares of the company’s stock worth $362,000 after buying an additional 281 shares during the period. Collective Family Office LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 3.0% during the 2nd quarter. Collective Family Office LLC now owns 12,871 shares of the company’s stock worth $641,000 after buying an additional 373 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 0.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 43,708 shares of the company’s stock worth $2,037,000 after purchasing an additional 405 shares during the period. Park Avenue Securities LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 9.3% in the first quarter. Park Avenue Securities LLC now owns 5,499 shares of the company’s stock worth $256,000 after purchasing an additional 467 shares during the period. Finally, Financial Management Network Inc. increased its position 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 purchasing an additional 601 shares during the period.

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

Shares of NASDAQ GPIX opened at $51.07 on Monday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $40.01 and a 52 week high of $52.37. The stock has a market capitalization of $1.77 billion, a P/E ratio of 25.98 and a beta of 0.82. The stock’s fifty day moving average is $51.29 and its 200 day moving average is $48.87.

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. Investors of record on Wednesday, October 1st were given a $0.369 dividend. The ex-dividend date was Wednesday, October 1st. This is an increase 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 8.7%.

Goldman Sachs S&P 500 Core Premium Income ETF 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.