Is the Goldman Sachs S&P 500 Premium Income ETF a Buy After Guild Investment Scooped Up Shares Worth $2.9 Million?

Core Insights - Guild Investment Management initiated a new position in Goldman Sachs S&P 500 Premium Income ETF (GPIX), acquiring 53,890 shares valued at approximately $2.85 million [2][6] - The new position represents 2.11% of Guild Investment Management's reported 13F assets under management [3][6] - GPIX has shown a one-year gain of about 12.9%, outperforming the S&P 500 by 0.26 percentage points [3][4] Investment Details - The estimated transaction value for the quarter was $2.85 million, reflecting both the purchase and market movement [2][6] - As of January 20, 2026, GPIX shares were priced at $52.19, with an annualized dividend yield of 8.15% [3][4] - The ETF's total assets under management (AUM) stand at $2.67 billion, with a one-year total return of 12.87% [4][3] ETF Overview - GPIX aims to provide investors with S&P 500 equity exposure while targeting enhanced income through a premium income strategy [8][10] - The ETF invests at least 80% of its assets in S&P 500 equities, maintaining benchmark-like style and sector exposures [10] - The fund's market capitalization of $1.09 billion supports liquidity and efficient portfolio implementation [10]