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) saw a significant decrease in short interest in 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 daily 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 Trading Up 0.9 %

GPIX stock traded up $0.43 during midday trading on Friday, hitting $50.01. The stock had a trading volume of 140,162 shares, compared to its average volume of 187,369. The firm has a market cap of $410.08 million, a P/E ratio of 24.02 and a beta of 0.82. The business has a fifty day moving average price of $50.01 and a two-hundred day moving average price 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.

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 given a $0.3496 dividend. The ex-dividend date of this dividend was Friday, January 3rd. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. This represents a $4.20 annualized dividend and a dividend yield of 8.39%.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. US Bancorp DE lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% in the third quarter. US Bancorp DE now owns 2,375 shares of the company’s stock valued at $117,000 after buying an additional 625 shares during the period. Private Trust Co. NA increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 51.5% in the 3rd quarter. Private Trust Co. NA now owns 3,234 shares of the company’s stock valued at $159,000 after acquiring an additional 1,100 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at $201,000. Park Avenue Securities LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth $249,000. Finally, Princeton Global Asset Management LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 13.3% in the third quarter. Princeton Global Asset Management LLC now owns 5,450 shares of the company’s stock worth $268,000 after purchasing an additional 640 shares during the period.

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.