Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Short Interest Down 60.1% in January

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 715 shares, a decrease of 60.1% from the January 15th total of 1,794 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 1,481 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 1,481 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the shares of the stock are short sold.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Trading Up 0.2%

GSIG traded up $0.08 on Friday, hitting $47.87. 117 shares of the company’s stock traded hands, compared to its average volume of 1,031. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a one year low of $46.70 and a one year high of $47.98. The company’s 50 day simple moving average is $47.72 and its 200-day simple moving average is $47.74. The firm has a market cap of $9.57 million, a price-to-earnings ratio of 48.85 and a beta of 0.12.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were issued a $0.1708 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF’s payout ratio is currently 223.47%.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

Several institutional investors have recently bought and sold shares of GSIG. Sanctuary Advisors LLC lifted its holdings in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% during the fourth quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock worth $334,000 after buying an additional 219 shares during the period. Susquehanna International Group LLP bought a new position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF in the 3rd quarter worth $432,000. Flow Traders U.S. LLC purchased a new stake in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the 3rd quarter worth $834,000. Citadel Advisors LLC boosted its position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% during the third quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock valued at $952,000 after purchasing an additional 4,664 shares in the last quarter. Finally, Hartford Financial Management Inc. boosted its position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 54.6% during the second quarter. Hartford Financial Management Inc. now owns 74,373 shares of the company’s stock valued at $3,539,000 after purchasing an additional 26,269 shares in the last quarter. 77.18% of the stock is owned by hedge funds and other institutional investors.

About Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

The Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an market-value weighted index of fundamentally-selected US investment-grade corporate bonds, maturing between one to five years. GSIG was launched on Jul 7, 2020 and is managed by Goldman Sachs.