Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Update

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 9,818 shares, a drop of 62.2% from the June 15th total of 26,000 shares. Based on an average trading volume of 82,172 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Goldman Sachs Access Investment Grade Corporate Bond ETF Trading Up 0.3%

Goldman Sachs Access Investment Grade Corporate Bond ETF stock traded up $0.12 during midday trading on Wednesday, reaching $45.38. The stock had a trading volume of 91,327 shares, compared to its average volume of 99,363. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 12 month low of $45.14 and a 12 month high of $47.16. The firm’s 50-day moving average price is $45.71 and its 200 day moving average price is $46.04.

Institutional Trading of Goldman Sachs Access Investment Grade Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Sowell Financial Services LLC grew its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 144.8% in the fourth quarter. Sowell Financial Services LLC now owns 51,172 shares of the company’s stock valued at $2,367,000 after purchasing an additional 30,269 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 67,050.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,274,925 shares of the company’s stock worth $151,465,000 after purchasing an additional 3,270,048 shares during the period. Capital Financial Group Inc. Co. ADV bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 4th quarter worth about $3,894,000. Manning & Napier Advisors LLC grew its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 17.3% during the 4th quarter. Manning & Napier Advisors LLC now owns 291,369 shares of the company’s stock valued at $13,574,000 after buying an additional 43,060 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 20.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 192,471 shares of the company’s stock valued at $8,902,000 after buying an additional 33,167 shares in 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.