Avalon Capital Management Grows Stock Holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Avalon Capital Management boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,849 shares of the company’s stock after acquiring an additional 2,208 shares during the quarter. Avalon Capital Management owned about 0.56% of Goldman Sachs S&P 500 Core Premium Income ETF worth $2,416,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently modified their holdings of GPIX. HighTower Advisors LLC boosted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 46.0% during the 3rd quarter. HighTower Advisors LLC now owns 309,506 shares of the company’s stock worth $15,192,000 after acquiring an additional 97,483 shares in the last quarter. McCarthy & Cox increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 9.3% in the fourth quarter. McCarthy & Cox now owns 263,994 shares of the company’s stock valued at $13,055,000 after buying an additional 22,407 shares in the last quarter. Robertson Stephens Wealth Management LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth $11,487,000. Mason & Associates Inc purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth about $9,496,000. Finally, Jmac Enterprises LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 12.3% in the 4th quarter. Jmac Enterprises LLC now owns 114,486 shares of the company’s stock valued at $5,661,000 after acquiring an additional 12,567 shares during the last quarter.

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

Shares of NASDAQ GPIX opened at $49.69 on Tuesday. The firm’s 50-day moving average is $49.99 and its two-hundred day moving average is $49.32. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $44.06 and a 12-month high of $50.84. The company has a market capitalization of $432.30 million, a PE ratio of 24.02 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, February 7th. Investors of record on Monday, February 3rd were paid a $0.3575 dividend. The ex-dividend date of this dividend 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.