Financial Management Network Inc. Increases Stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Financial Management Network Inc. lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,970 shares of the company’s stock after acquiring an additional 824 shares during the period. Financial Management Network Inc.’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $594,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of GPIX. Robertson Stephens Wealth Management LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth about $11,487,000. Mason & Associates Inc purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth about $9,496,000. HighTower Advisors LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 46.0% in the third quarter. HighTower Advisors LLC now owns 309,506 shares of the company’s stock valued at $15,192,000 after buying an additional 97,483 shares during the period. Boyce & Associates Wealth Consulting Inc. purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at approximately $2,285,000. Finally, Wealthcare Advisory Partners LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 197.5% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 62,046 shares of the company’s stock valued at $3,068,000 after buying an additional 41,190 shares during the period.

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

NASDAQ GPIX opened at $50.69 on Wednesday. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $44.06 and a one year high of $50.84. The company’s 50 day moving average price is $50.02 and its 200 day moving average price is $49.18. The firm has a market capitalization of $441.00 million, a price-to-earnings ratio of 24.02 and a beta of 0.82.

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

The firm also recently declared a dividend, which was paid on Friday, February 7th. Investors of record on Monday, February 3rd were issued a $0.3575 dividend. The ex-dividend date was Monday, February 3rd.

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.