Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Short Interest Up 232.7% in July

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 3,337 shares, an increase of 232.7% from the June 30th total of 1,003 shares. Based on an average trading volume of 56,161 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Balboa Wealth Partners boosted its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% in the 1st quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock valued at $236,000 after buying an additional 495 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the third quarter valued at $1,325,000. Jane Street Group LLC lifted its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% during the second quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock valued at $1,963,000 after acquiring an additional 16,033 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock valued at $181,032,000 after acquiring an additional 1,376,800 shares during the last quarter.

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

Shares of NASDAQ GPRF traded up $0.04 during trading on Friday, reaching $49.58. The company had a trading volume of 1,875 shares, compared to its average volume of 23,783. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 52 week low of $49.09 and a 52 week high of $52.03. The business’s 50 day moving average price is $50.03 and its 200-day moving average price is $50.42.

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

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

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

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.