Monday, October 27, 2025

News from October 26, 2025

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Wealth Firm Exits Goldman Sachs S&P 500 Income ETF — Here's What Long-Term Investors Should Know
Technology

Wealth Firm Exits Goldman Sachs S&P 500 Income ETF — Here's What Long-Term Investors Should Know

On Thursday, B&D White Capital Company disclosed in a quarterly SEC filing that it sold its entire position in GPIX for an estimated $8.6 million during the quarter ended September 30. What Happened According to a quarterly Form 13F filed with the Securities and Exchange Commission on Thursday, Texas-based B&D White Capital Company, which does business as Coyle Capital, sold its entire stake in the Goldman Sachs S&P 500 Premium Income ETF (GPIX +0.61%). The transaction involved 172,332 shares, with an estimated value of $8.7 million, for the quarter ended September 30. What Else to Know Top holdings after the filing: NASDAQ:AMZN: $136 million (17.4% of AUM)NYSEMKT:AVUS: $60.2 million (7.7% of AUM)NYSEMKT:ILCG: $50.7 million (6.5% of AUM)NYSEMKT:VTI: $38.5 million (4.9% of AUM)NYSEMKT:IWF: $35.2 million (4.5% of AUM) As of Friday, GPIX shares closed at $52.73, up about 7% over the past year. ETF Overview ETF Snapshot The ETF seeks to deliver premium income by investing at least 80% of assets in equity securities included in the S&P 500 Index, while maintaining style, capitalization, and sector characteristics similar to its benchmark.The portfolio is broadly diversified across S&P 500 constituents and provides exposure to large-cap U.S. equities.The fund is structured as an ETF with a focus on premium income. The Goldman Sachs S&P 500 Premium Income ETF offers investors diversified exposure to S&P 500 equities. Its competitive 8% dividend yield and transparent ETF structure make it suitable for income-focused institutional investors seeking efficient access to U.S. large-cap equities. Foolish Take B&D White Capital’s complete exit from the Goldman Sachs S&P 500 Premium Income ETF (GPIX) underscores a broader retreat from income-focused equity products after a year of outperformance in covered-call strategies. The move followed a similar liquidation of its position in the Nasdaq-100 Premium Income ETF (GPIQ), signaling a deliberate rotation away from yield-driven funds toward core equity exposure, particularly given top holdings such as Amazon, the Avantis US Equity ETF, and the iShares Morningstar Growth ETF.GPIX launched in late 2023 and has grown to nearly $1.96 billion in assets, offering investors a 7.97% trailing distribution rate and broad exposure to S&P 500 constituents. Its appeal lies in steady monthly payouts generated through option premiums and dividends—but those same mechanics can cap upside when markets rally. For long-term investors, Coyle’s exit highlights a key portfolio principle: Premium income ETFs can provide valuable cash flow, but they may lag in bull markets. 13F reportable assets: Assets that institutional investment managers must disclose quarterly to the Securities and Exchange Commission, showing their holdings. Assets under management (AUM): The total market value of investments managed by a fund or investment company. ETF (exchange-traded fund): An investment fund traded on stock exchanges, holding a basket of assets like stocks or bonds. Premium income: Income generated by an investment strategy that collects premiums, often from options, to enhance yield. Dividend yield: Annual dividends paid by a security as a percentage of its current price. Benchmark: A standard, often a market index, used to compare the performance of a fund or investment. Large-cap: Refers to companies with a large market capitalization, typically over $10 billion. Diversified: Investing in a wide range of assets to reduce risk. Total return: The investment's price change plus all dividends and distributions, assuming those payouts are reinvested. Institutional investors: Organizations such as funds or endowments that invest large sums of money professionally. Form 13F: A quarterly SEC filing required from institutional investment managers to disclose their equity holdings. Stake: The amount of ownership or shares an investor holds in a particular security or company.

Carver County Parks Launches Indoor Archery Series for Kids in Watertown-Mayer Community Learning Center
Technology

Carver County Parks Launches Indoor Archery Series for Kids in Watertown-Mayer Community Learning Center

As we brace for another winter, Carver County Parks is warming things up with an inviting challenge for the kiddos. In what might just be the perfect antidote to the anticipated cabin fever – and let's face it, screen addiction – Carver County is beckoning children ages 8 to 14 with their Indoor Archery Series. Never shot an arrow? No problem. The series is tailored for beginners and is equipped with all the necessary gear, so participants just need to show up with a willingness to learn. Starting November 6 and running through November 20, the series will take place on Thursdays from 3:15 p.m. to 4:45 p.m. at the Watertown-Mayer Community Learning Center. The Indoor Archery Series promises to not only get kids active but also to teach them the basics of archery, including aim, stance, release, and perhaps most importantly, discipline and focus. The cost is $51, and considering the guided instruction by trained staff and the inclusion of all gear, that's a bit of a bargain when it comes to specialized extracurriculars. Carver County Parks' social media post pitches the series as a "new adventure" for young archers and highlights the program's hands-on nature, making it clear that this isn't about sitting around and listening to lectures – kids will be on their feet, bows in hand, actively engaging in the sport. Consider this an opportunity to introduce your young ones to a sport that has stood the test of time, dating back thousands of years, yet remains relevant and thrilling even in our digital age. For more information or to register, point your browser arrow to Carver County Parks' website and while you’re at it score a direct hit on fostering a potentially lifelong passion for archery in your children – just don't forget to register before spots vanish like an arrow soaring towards its target.

Sacramento Kings Ignite Hope with Season-Opening Win Over Utah Jazz at Packed Golden 1 Center
Technology

Sacramento Kings Ignite Hope with Season-Opening Win Over Utah Jazz at Packed Golden 1 Center

The Sacramento Kings tipped off their season at the Golden 1 Center with an energy that was palpable throughout Downtown Commons. A sold-out crowd watched as the Kings clinched a nail-biting 105-104 victory over the Utah Jazz, igniting the beam over the arena and, just maybe, kindling the long-dormant hopes of devoted fans and the city alike, as per CBS News Sacramento. Before the match's intensity peaked, Kings supporters partook in the inaugural Kings Countdown rally outside the venue, a festivity complete with performances and giveaways geared to hype up the crowd, CBS News Sacramento reported. The rally reflected the community's buzz, as fans like Patsy Smith expressed straightforward game day desires: "Let's get some buckets and let's get some wins in," while others like Patti Anderson shared loyalty with humor, "I'm not giving up faith. I'm gonna stay above ground till they do well," Anderson told CBS News Sacramento. The King's home opener wasn't just about basketball; it was about community revitalization. Local businesses, according to Wil Gonzalez, operating partner of Tom's Watch Bar, eagerly anticipate the crowd surge games entail after a sluggish summer, as reported by CBS News Sacramento. Optimism wasn't just high among business owners. Fans like Salli Stayner reminisced with ABC 10, "Been here during the glory days, the dark days, hopefully, more glory days." Of course, the excitement wasn't without its dose of realism. Concerns about the roster's strength lingered, and not all were convinced of the playoffs being a given. Yet, with the addition of storied veteran Russell Westbrook, described by fans as bringing "passion, fire, demeanor, emotion" to the game, there was a clear sense that this season might just be where things start to shift. Westbrook's intensifying presence garnered adoration from fans like Elijah Nixon, who showed up jersey in hand, in hopes of a signature from the NBA star, they revealed to ABC 10.

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