Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Stock Short Interest Declines 96.2%

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 449 shares, a decline of 96.2% from the October 15th total of 11,719 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 4,754 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

An institutional investor recently bought a new stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF stock. Barrett & Company Inc. bought a new position in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,000 shares of the company’s stock, valued at approximately $96,000. Barrett & Company Inc. owned 0.06% of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF as of its most recent SEC filing.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Stock Down 0.0%

GPRF stock traded down $0.02 on Wednesday, hitting $47.71. 170,879 shares of the company’s stock traded hands, compared to its average volume of 21,404. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 1-year low of $47.40 and a 1-year high of $52.41. The stock has a fifty day moving average of $48.24 and a 200-day moving average of $49.72.

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

The business also recently declared a monthly dividend, which was paid on Friday, November 6th. Shareholders of record on Monday, November 2nd were issued a $0.2393 dividend. This is a decrease from Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF’s previous monthly dividend of $0.2731. This represents a $2.87 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend was Monday, November 2nd.

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.