Northeast Financial Cuts Its GPIX Stake by $12 Million -- What Income Investors Should Know

Northeast Financial Group reduced its stake in the Goldman Sachs S&P 500 Premium Income ETF (GPIX) by $12 million during Q1 2026, selling 230,003 shares and trimming the position from 3.9% to 1.2% of assets under management. The fund retained 93,037 shares worth $4.7 million, suggesting routine portfolio rebalancing rather than a loss of confidence in the income-focused ETF.