Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Update

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the recipient of 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 days-to-cover ratio is presently 0.4 days.

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

NASDAQ:GPIX traded up $0.43 during trading hours on Friday, reaching $50.01. 140,162 shares of the stock were exchanged, compared to its average volume of 187,369. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $43.79 and a twelve month high of $50.82. The business has a 50-day moving average of $50.01 and a two-hundred day moving average of $48.75. The company 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 Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 3rd were paid a dividend of $0.3496 per share. 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. This represents a $4.20 annualized dividend and a yield of 8.39%.

Hedge Funds Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of GPIX. NewEdge Advisors LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth approximately $5,672,000. Greater Midwest Financial Group LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the second quarter worth $10,937,000. Collective Family Office LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter valued at $352,000. Hexagon Capital Partners LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter valued at $317,000. Finally, Castle Rock Wealth Management LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth $887,000.

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.