Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Down 6.6% in December

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 36,700 shares, a decline 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 currently 0.4 days.

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

Shares of NASDAQ:GPIX traded up $0.43 during trading on Friday, reaching $50.01. 140,162 shares of the stock were exchanged, compared to its average volume of 187,369. The stock has a fifty day moving average of $50.01 and a two-hundred day moving average of $48.75. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $43.79 and a 1-year high of $50.82. The firm has a market cap 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 firm also recently disclosed a monthly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 3rd were issued a dividend of $0.3496 per share. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. This represents a $4.20 dividend on an annualized basis and a dividend yield of 8.39%. The ex-dividend date was Friday, January 3rd.

Institutional Investors Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC increased its holdings in 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 purchasing an additional 97,483 shares in the last quarter. McCarthy & Cox lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 9.3% during the 4th quarter. McCarthy & Cox now owns 263,994 shares of the company’s stock valued at $13,055,000 after acquiring an additional 22,407 shares in the last quarter. Greater Midwest Financial Group LLC boosted its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 2.2% during the 3rd quarter. Greater Midwest Financial Group LLC now owns 237,906 shares of the company’s stock worth $11,679,000 after acquiring an additional 5,050 shares during the last quarter. Mason & Associates Inc bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth $9,496,000. Finally, NewEdge Advisors LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at about $5,672,000.

Goldman Sachs S&P 500 Core Premium Income ETF Company 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.