Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Trading 0.1% Higher – Time to Buy?

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB)’s stock price rose 0.1% on Tuesday . The company traded as high as $44.71 and last traded at $44.71. 11,966 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 16,355 shares. The stock had previously closed at $44.66.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Up 0.1%

The firm’s fifty day moving average price is $44.62 and its 200-day moving average price is $44.77.

Hedge Funds Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

Several hedge funds have recently modified their holdings of GHYB. PNC Financial Services Group Inc. lifted its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% in the third quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $46,000 after buying an additional 800 shares during the period. Claris Financial LLC bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF in the fourth quarter worth about $205,000. Osaic Holdings Inc. raised its position in Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% in the fourth quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock worth $362,000 after acquiring an additional 1,641 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock valued at $368,000 after acquiring an additional 8,064 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE lifted its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 16,337 shares of the company’s stock valued at $740,000 after acquiring an additional 625 shares during the last quarter.

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.