Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Short Interest Update

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the target 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. Currently, 0.4% of the shares of the stock are sold short. 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. Currently, 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in GSIG. Sanctuary Advisors LLC lifted its position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% during the 4th quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock valued at $334,000 after buying an additional 219 shares in the last quarter. Citadel Advisors LLC increased its holdings in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% in the 3rd quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock worth $952,000 after acquiring an additional 4,664 shares in the last quarter. Susquehanna International Group LLP acquired a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the third quarter worth $432,000. Flow Traders U.S. LLC acquired a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the third quarter worth $834,000. Finally, Hartford Financial Management Inc. lifted its holdings 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 institutional investors and hedge funds.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Stock Up 0.1%

Shares of GSIG stock traded up $0.06 during mid-day trading on Thursday, hitting $47.79. 320 shares of the stock were exchanged, compared to its average volume of 1,063. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 52-week low of $46.70 and a 52-week high of $47.98. The company has a market cap of $9.56 million, a PE ratio of 48.77 and a beta of 0.12. The firm has a fifty day moving average of $47.72 and a 200 day moving average of $47.73.

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. Shareholders of record on Monday, February 2nd were given a dividend of $0.1708 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF’s dividend payout ratio is currently 223.47%.

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.