Short Interest in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Drops By 55.7%

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 1,003 shares, a drop of 55.7% from the June 15th total of 2,266 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 959 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock worth $181,032,000 after acquiring an additional 1,376,800 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 82.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 47,090 shares of the company’s stock worth $2,384,000 after purchasing an additional 21,337 shares during the period. Jane Street Group LLC boosted its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 79.7% during the fourth quarter. Jane Street Group LLC now owns 46,432 shares of the company’s stock worth $2,351,000 after purchasing an additional 20,593 shares in the last quarter. Finally, Balboa Wealth Partners boosted its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% during the first quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock worth $236,000 after purchasing an additional 495 shares in the last quarter.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Trading Up 0.1%

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF stock traded up $0.04 during mid-day trading on Tuesday, hitting $49.77. The company had a trading volume of 1,194 shares, compared to its average volume of 25,064. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 12-month low of $49.09 and a 12-month high of $52.03. The company’s fifty day moving average is $50.12 and its 200-day moving average is $50.48.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2653 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 6.4%.

About Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

The Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to track an index of broad US preferred stock and hybrid securities. The fund aims to provide high monthly income, with lower correlation to interest rates, relative to other asset classes GPRF was launched on Jul 30, 2024 and is issued by Goldman Sachs.