US Bancorp DE Has $117,000 Stock Holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

US Bancorp DE raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 35.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,375 shares of the company’s stock after purchasing an additional 625 shares during the quarter. US Bancorp DE’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $117,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at $280,000. Financial Management Network Inc. raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 102.5% during the 3rd quarter. Financial Management Network Inc. now owns 11,146 shares of the company’s stock worth $542,000 after buying an additional 5,641 shares during the period. Private Advisor Group LLC raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 92.5% during the third quarter. Private Advisor Group LLC now owns 21,039 shares of the company’s stock worth $1,033,000 after acquiring an additional 10,109 shares during the period. Fortress Wealth Management Inc. lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 5.7% in the third quarter. Fortress Wealth Management Inc. now owns 22,002 shares of the company’s stock valued at $1,080,000 after purchasing an additional 1,182 shares in the last quarter. Finally, Good Life Advisors LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter worth about $939,000.

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

NASDAQ GPIX opened at $49.48 on Friday. The stock’s 50 day moving average price is $48.93 and its two-hundred day moving average price is $47.70. The stock has a market capitalization of $257.30 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 52 week low of $42.15 and a 52 week high of $50.44.

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

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Monday, November 4th were given a dividend of $0.3427 per share. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Monday, November 4th. This represents a $4.11 annualized dividend and a dividend yield of 8.31%.

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.