Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Update

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 13,109 shares, a drop of 77.8% from the January 29th total of 59,099 shares. Based on an average daily volume of 79,066 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 79,066 shares, the short-interest ratio is presently 0.2 days.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Performance

GIGB stock opened at $46.84 on Friday. The business has a fifty day moving average price of $46.50 and a 200-day moving average price of $46.52. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 1-year low of $43.96 and a 1-year high of $47.16.

Goldman Sachs Access Investment Grade Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were issued a $0.1663 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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

A number of hedge funds have recently made changes to their positions in GIGB. Geneos Wealth Management Inc. purchased a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the second quarter valued at about $28,000. Hantz Financial Services Inc. bought a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 4th quarter valued at about $30,000. Comerica Bank purchased a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $101,000. Transamerica Financial Advisors LLC raised its stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 49.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 2,553 shares of the company’s stock worth $119,000 after acquiring an additional 849 shares in the last quarter. Finally, Ausdal Financial Partners Inc. bought a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $224,000.

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.