On January 28, Cornerstone Advisory disclosed a buy of 195,336 shares of the Goldman Sachs S&P 500 Premium Income ETF (NASDAQ:GPIX), an estimated $10.23 million trade based on quarterly average pricing. What happened According to a filing with the Securities and Exchange Commission dated January 28, Cornerstone Advisory increased its position in the Goldman Sachs S&P 500 Premium Income ETF by 195,336 shares during the fourth quarter. The estimated value of the shares added was $10.23 million, calculated ...

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]

Core Viewpoint - The Goldman Sachs Nasdaq-100 Premium Income ETF aims to enhance income by tracking leading U.S. tech and growth stocks through a systematic premium income strategy [6][10]. Group 1: Recent Transactions - Significant Wealth Partners LLC disclosed a new position in the Goldman Sachs Nasdaq-100 Premium Income ETF, acquiring 104,960 shares valued at approximately $5.55 million based on quarterly average pricing [2][3]. - This new position represents 6.2% of the fund's reportable assets under management following the filing [3][11]. Group 2: ETF Overview - The ETF has assets under management (AUM) of $2.7 billion and a current share price of $53.08, reflecting a 7% increase over the past year [4][10]. - The fund offers a yield of 9.8% and has achieved a 1-year total return of 17.6% [4]. Group 3: Investment Strategy - The ETF employs a rules-based approach to invest in Nasdaq-100 equities, aiming to generate elevated income through a systematic premium income strategy [6][9]. - The portfolio consists of 109 stocks that mirror the Nasdaq-100, while also selling call options to generate premium income [10]. Group 4: Performance Metrics - Since its inception in late 2023, the fund has delivered cumulative returns of approximately 63% at NAV, although it has underperformed the Nasdaq 100, which is up 75% during the same period [10]. - The net expense ratio of the fund is 0.29%, which is considered low for an actively managed options-based ETF [10].