Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Trading Down 0% – Should You Sell?

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB)’s stock price traded down 0% during mid-day trading on Wednesday . The company traded as low as $44.74 and last traded at $44.78. 9,902 shares changed hands during trading, a decline of 44% from the average daily volume of 17,764 shares. The stock had previously closed at $44.80.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

The firm’s fifty day moving average is $44.82 and its 200-day moving average is $45.05.

Institutional Investors Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its position in Goldman Sachs Access High Yield Corporate Bond ETF by 1.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 452,618 shares of the company’s stock valued at $20,513,000 after purchasing an additional 5,323 shares during the period. NewEdge Advisors LLC lifted its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 6.9% during the first quarter. NewEdge Advisors LLC now owns 153,513 shares of the company’s stock worth $6,842,000 after purchasing an additional 9,849 shares in the last quarter. Advisory Services Network LLC lifted its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% during the fourth quarter. Advisory Services Network LLC now owns 103,719 shares of the company’s stock worth $4,701,000 after purchasing an additional 3,967 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 27.5% in the first quarter. Bank of America Corp DE now owns 94,333 shares of the company’s stock valued at $4,205,000 after purchasing an additional 20,352 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 30.9% in the first quarter. Jane Street Group LLC now owns 34,692 shares of the company’s stock valued at $1,545,000 after purchasing an additional 8,196 shares during the period.

About Goldman Sachs Access High Yield Corporate Bond ETF

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.