Graney & King LLC Takes $13.07 Million Position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Graney & King LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 264,224 shares of the company’s stock, valued at approximately $13,066,000. Goldman Sachs S&P 500 Core Premium Income ETF makes up about 9.9% of Graney & King LLC’s investment portfolio, making the stock its 3rd largest position.

Several other large investors have also recently added to or reduced their stakes in GPIX. Jane Street Group LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter worth $1,891,000. Sanctuary Advisors LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at about $292,000. Park Avenue Securities LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth about $249,000. Janney Montgomery Scott LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at approximately $201,000. Finally, Synergy Financial Group LTD bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter valued at approximately $291,000.

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

Shares of GPIX opened at $47.83 on Wednesday. The stock has a fifty day moving average price of $49.13 and a two-hundred day moving average price of $49.32. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $44.06 and a 52-week high of $50.84. The company has a market cap of $561.05 million, a price-to-earnings ratio of 25.05 and a beta of 0.82.

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

The company also recently announced a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were paid a $0.3444 dividend. The ex-dividend date was Monday, March 3rd.

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.