Raymond James Financial Services Advisors Inc. Trims Holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB)

Raymond James Financial Services Advisors Inc. cut its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) by 28.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,673 shares of the company’s stock after selling 1,886 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF were worth $216,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Manning & Napier Group LLC boosted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 1.3% during the third quarter. Manning & Napier Group LLC now owns 233,958 shares of the company’s stock valued at $10,109,000 after buying an additional 2,989 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 8.1% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 18,739 shares of the company’s stock valued at $810,000 after buying an additional 1,409 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF during the third quarter valued at $221,000. Clearwater Capital Advisors LLC boosted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 42.1% during the third quarter. Clearwater Capital Advisors LLC now owns 114,501 shares of the company’s stock valued at $4,948,000 after buying an additional 33,935 shares during the period. Finally, Channel Wealth LLC boosted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 16.8% during the third quarter. Channel Wealth LLC now owns 107,491 shares of the company’s stock valued at $4,645,000 after buying an additional 15,428 shares during the period.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Down 0.3 %

Shares of GIGB stock opened at $44.47 on Thursday. The business has a 50-day moving average price of $45.28 and a two-hundred day moving average price of $44.94. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 12-month low of $41.92 and a 12-month high of $46.53.

Goldman Sachs Access Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from Goldman Sachs Access Investment Grade Corporate Bond ETF’s previous dividend of $0.14.

Goldman Sachs Access Investment Grade Corporate Bond ETF Profile

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.