Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) saw unusually-high trading volume on Wednesday . Approximately 63,454 shares changed hands during trading, a decline of 13% from the previous session’s volume of 73,120 shares.The stock last traded at $46.07 and had previously closed at $46.06.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Performance

The company’s 50-day moving average price is $46.38 and its 200 day moving average price is $46.07.

Institutional Investors Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the business. Newbridge Financial Services Group Inc. increased its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 39.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,383 shares of the company’s stock worth $63,000 after buying an additional 388 shares in the last quarter. Maia Wealth LLC grew its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 6.4% during the 3rd quarter. Maia Wealth LLC now owns 7,296 shares of the company’s stock valued at $336,000 after buying an additional 439 shares in the last quarter. CFS Investment Advisory Services LLC raised its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 2.4% during the third quarter. CFS Investment Advisory Services LLC now owns 19,801 shares of the company’s stock valued at $937,000 after buying an additional 472 shares during the last quarter. Redwood Investment Management LLC lifted its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 10.3% in the third quarter. Redwood Investment Management LLC now owns 7,007 shares of the company’s stock worth $332,000 after buying an additional 655 shares in the last quarter. Finally, Destiny Wealth Partners LLC boosted its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 0.3% during the second quarter. Destiny Wealth Partners LLC now owns 238,076 shares of the company’s stock worth $10,773,000 after acquiring an additional 734 shares during the last quarter.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. GIGB was launched on Jun 6, 2017 and is managed by Goldman Sachs.