Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Short Interest Up 275.7% in July

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 12,538 shares, an increase of 275.7% from the July 15th total of 3,337 shares. Based on an average daily volume of 3,017 shares, the days-to-cover ratio is presently 4.2 days. Currently, 0.5% of the shares of the company are sold short.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Price Performance

Shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF stock opened at $49.44 on Friday. The firm has a fifty day moving average price of $49.86 and a two-hundred day moving average price of $50.27. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a fifty-two week low of $49.09 and a fifty-two week high of $52.41.

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

The firm also recently declared a dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.2112 per share. The ex-dividend date was Monday, August 3rd.

Institutional Trading of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Several hedge funds have recently modified their holdings of GPRF. Jane Street Group LLC increased its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% in the second quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock valued at $1,963,000 after buying an additional 16,033 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF in the third quarter worth about $1,325,000. Goldman Sachs Group Inc. grew its position in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock worth $181,032,000 after buying an additional 1,376,800 shares during the period. Finally, Balboa Wealth Partners grew its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% during the 1st quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock worth $236,000 after acquiring an additional 495 shares during the period.

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

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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.

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