Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Down 6.6% in December

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

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

Shares of NASDAQ:GPIX traded up $0.43 on Monday, reaching $50.01. 140,162 shares of the company traded hands, compared to its average volume of 187,369. Goldman Sachs S&P 500 Core Premium Income ETF has a 52 week low of $43.79 and a 52 week high of $50.82. The business’s 50-day simple moving average is $50.01 and its 200 day simple moving average is $48.76. The stock has a market capitalization of $410.08 million, a P/E ratio of 24.02 and a beta of 0.82.

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

The business also recently declared a monthly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 3rd were given a dividend of $0.3496 per share. This represents a $4.20 annualized dividend 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. The ex-dividend date was Friday, January 3rd.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Greater Midwest Financial Group LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter worth $10,937,000. Mason & Associates Inc bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth $9,496,000. NewEdge Advisors LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth $5,672,000. HighTower Advisors LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 46.0% during the third quarter. HighTower Advisors LLC now owns 309,506 shares of the company’s stock valued at $15,192,000 after acquiring an additional 97,483 shares during the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at about $2,285,000.

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.