Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short interest fell 71.3% in September

The Goldman Sachs S&P 500 Core Premium Income ETF ( NASDAQ:GPIX – Get Free Report ) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 30,800 shares, a decrease of 71.3% from August 31st’s total of 107,500 shares. Based on an average daily trading volume of 54,100 shares, the short interest rate is currently 0.6 days.

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

Shares of NASDAQ GPIX traded down $0.05 during mid-day trading on Wednesday, hitting $48.79. 34,710 shares of the stock were exchanged, compared to its average volume of 42,494. The company has a market cap of $190.28 million, a P/E ratio of 24.02 and a beta of 0.82. The stock’s fifty day simple moving average is $47.45 and the two hundred day simple moving average is $46.88. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $39.03 and a 12-month high of $49.23.

Goldman Sachs S&P 500 Core Premium Income ETF Raises Dividends

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Wednesday, September 4th were issued a dividend of $0.3422 per share. This is a positive change from the Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.30. The ex-dividend date was Wednesday, September 4. This represents an annualized dividend of $4.11 and a dividend yield of 8.42%.

Goldman Sachs S&P 500 Core Premium Income ETF Institutional Trading

Several hedge funds have recently modified their holdings of GPIX. Greater Midwest Financial Group LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at about $10,937,000. 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. MGO One Seven LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 20.4% in the second quarter. MGO One Seven LLC now owns 27,390 shares of the company’s stock valued at $1,300,000 after purchasing an additional 4,635 shares during the last quarter. FRG Family Wealth Advisors LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1,191.5% in the second quarter. FRG Family Wealth Advisors LLC now owns 8,395 shares of the company’s stock valued at $379,000 after buying an additional 7,745 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the second quarter valued at about $519,000.

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

(Get a free report)

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that invests primarily in large-cap stocks. The fund is an actively managed ETF that invests primarily in stocks of companies in the S&P 500. By combining equity investments with a call strategy, the fund aims to generate stable income while offering capital growth potential GPIX was launched on October 24, 2023 and is issued by Goldman Sachs.

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