Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Sees Large Decline in Short Interest

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 36,700 shares, a decrease of 6.6% from the December 15th total of 39,300 shares. Based on an average trading volume of 101,600 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Goldman Sachs S&P 500 Core Premium Income ETF

Several large investors have recently added to or reduced their stakes in GPIX. US Bancorp DE grew its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% in the 3rd quarter. US Bancorp DE now owns 2,375 shares of the company’s stock valued at $117,000 after buying an additional 625 shares during the period. Private Trust Co. NA grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 51.5% in the third quarter. Private Trust Co. NA now owns 3,234 shares of the company’s stock worth $159,000 after acquiring an additional 1,100 shares during the period. Janney Montgomery Scott LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth approximately $201,000. Park Avenue Securities LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $249,000. Finally, Princeton Global Asset Management LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.3% in the 3rd quarter. Princeton Global Asset Management LLC now owns 5,450 shares of the company’s stock valued at $268,000 after purchasing an additional 640 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.9 %

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock traded up $0.43 on Friday, hitting $50.01. 140,162 shares of the company were exchanged, compared to its average volume of 187,369. The company has a 50-day moving average price of $50.01 and a 200 day moving average price of $48.75. The stock has a market capitalization of $410.08 million, a price-to-earnings ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $43.79 and a 1-year high of $50.82.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 3rd were paid a dividend of $0.3496 per share. The ex-dividend date was Friday, January 3rd. This represents a $4.20 dividend on an annualized basis and a yield of 8.39%. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34.

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.