Betterment LLC Lowers Stock Position in Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB)

Betterment LLC trimmed its position in Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) by 30.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 319,752 shares of the company’s stock after selling 143,249 shares during the period. Betterment LLC owned about 10.31% of Goldman Sachs Access High Yield Corporate Bond ETF worth $14,213,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GHYB. Atwood & Palmer Inc. grew its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 1.0% in the fourth quarter. Atwood & Palmer Inc. now owns 377,314 shares of the company’s stock valued at $16,772,000 after acquiring an additional 3,760 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Goldman Sachs Access High Yield Corporate Bond ETF by 19.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 202,947 shares of the company’s stock valued at $9,021,000 after buying an additional 32,378 shares during the period. Raymond James Financial Inc. bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF in the fourth quarter worth about $7,431,000. NewEdge Advisors LLC lifted its stake in Goldman Sachs Access High Yield Corporate Bond ETF by 19.6% in the fourth quarter. NewEdge Advisors LLC now owns 90,706 shares of the company’s stock valued at $4,032,000 after purchasing an additional 14,860 shares during the last quarter. Finally, Regal Investment Advisors LLC raised its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 1.4% in the fourth quarter. Regal Investment Advisors LLC now owns 83,987 shares of the company’s stock valued at $3,733,000 after buying an additional 1,169 shares during the period.

Goldman Sachs Access High Yield Corporate Bond ETF Trading Up 0.3 %

GHYB stock opened at $44.44 on Friday. The stock has a fifty day moving average of $44.31 and a 200-day moving average of $44.73. Goldman Sachs Access High Yield Corporate Bond ETF has a fifty-two week low of $42.16 and a fifty-two week high of $45.70.

About Goldman Sachs Access High Yield Corporate Bond ETF

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.