Forefront Wealth Management Inc. Buys New Shares in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Forefront Wealth Management Inc. bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 88,874 shares of the company’s stock, valued at approximately $4,395,000. Goldman Sachs S&P 500 Core Premium Income ETF accounts for approximately 4.0% of Forefront Wealth Management Inc.’s holdings, making the stock its 9th largest position. Forefront Wealth Management Inc. owned about 1.02% of Goldman Sachs S&P 500 Core Premium Income ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in GPIX. Robertson Stephens Wealth Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth about $11,487,000. Mason & Associates Inc bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth about $9,496,000. HighTower Advisors LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 51.2% during the fourth quarter. HighTower Advisors LLC now owns 468,103 shares of the company’s stock worth $23,148,000 after purchasing an additional 158,597 shares during the period. Boyce & Associates Wealth Consulting Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth about $2,285,000. Finally, Wealthcare Advisory Partners LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 197.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 62,046 shares of the company’s stock worth $3,068,000 after purchasing an additional 41,190 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.1 %

Shares of GPIX opened at $47.01 on Friday. The stock has a market cap of $408.99 million, a price-to-earnings ratio of 25.96 and a beta of 0.82. 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 50-day moving average price of $49.17 and a two-hundred day moving average price of $49.28.

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

The firm also recently declared a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.3444 per share. The ex-dividend date was Monday, March 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.