Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Sees Unusually-High Trading Volume – What’s Next?

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) shares saw strong trading volume on Tuesday . 31,047 shares were traded during trading, a decline of 19% from the previous session’s volume of 38,196 shares.The stock last traded at $44.75 and had previously closed at $44.96.

Goldman Sachs Access Investment Grade Corporate Bond ETF Trading Down 0.4 %

The company has a 50-day moving average price of $45.75 and a 200-day moving average price of $46.16.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

Several large investors have recently bought and sold shares of GIGB. JPMorgan Chase & Co. lifted its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 170,180 shares of the company’s stock valued at $8,053,000 after buying an additional 10,130 shares during the period. Executive Wealth Management LLC bought a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 3rd quarter worth $50,612,000. Redwood Investment Management LLC grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 10.3% in the 3rd quarter. Redwood Investment Management LLC now owns 7,007 shares of the company’s stock worth $332,000 after acquiring an additional 655 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 12.1% during the third quarter. HighTower Advisors LLC now owns 65,382 shares of the company’s stock valued at $3,092,000 after purchasing an additional 7,048 shares during the last quarter. Finally, Centaurus Financial Inc. acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the third quarter worth about $263,000.

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.