Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Reaches New 1-Year Low – Here’s What Happened

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $45.11 and last traded at $45.11, with a volume of 2523 shares traded. The stock had previously closed at $45.28.

Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance

The business has a 50 day moving average of $45.63 and a 200 day moving average of $45.98.

Institutional Investors Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of GIGB. Sanctuary Advisors LLC grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% during the fourth quarter. Sanctuary Advisors LLC now owns 6,119 shares of the company’s stock worth $283,000 after purchasing an additional 221 shares during the last quarter. Note Advisors LLC lifted its position in Goldman Sachs Access Investment Grade Corporate Bond ETF by 1.8% during the 4th quarter. Note Advisors LLC now owns 17,523 shares of the company’s stock worth $813,000 after buying an additional 317 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 8,871 shares of the company’s stock worth $414,000 after buying an additional 319 shares in the last quarter. Private Trust Co. NA lifted its position in Goldman Sachs Access Investment Grade Corporate Bond ETF by 2.7% during the 4th quarter. Private Trust Co. NA now owns 12,410 shares of the company’s stock worth $574,000 after buying an additional 327 shares in the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 8.7% during the 4th quarter. Ausdal Financial Partners Inc. now owns 5,226 shares of the company’s stock worth $242,000 after acquiring an additional 420 shares during the last quarter.

About Goldman Sachs Access Investment Grade Corporate Bond ETF

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. GIGB was launched on Jun 6, 2017 and is managed by Goldman Sachs.