Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Trading 0.3% Higher – Here’s Why

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) shares traded up 0.3% on Friday . The company traded as high as $44.89 and last traded at $44.88. 61,147 shares changed hands during mid-day trading, an increase of 216% from the average session volume of 19,327 shares. The stock had previously closed at $44.75.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Up 0.3%

The business has a 50 day moving average of $44.79 and a 200-day moving average of $45.21.

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

Large investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. increased its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the third quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock worth $46,000 after acquiring an additional 800 shares in the last quarter. Claris Financial LLC bought a new position in Goldman Sachs Access High Yield Corporate Bond ETF in the fourth quarter valued at $205,000. Global Assets Advisory LLC bought a new position in Goldman Sachs Access High Yield Corporate Bond ETF in the third quarter valued at $289,000. Osaic Holdings Inc. grew 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 valued at $362,000 after purchasing an additional 1,641 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the second quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock valued at $368,000 after purchasing an additional 8,064 shares in the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

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.