Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 130,182 shares, a growth of 67.6% from the September 30th total of 77,695 shares. Based on an average trading volume of 185,671 shares, the short-interest ratio is currently 0.7 days. Currently, 0.6% of the shares of the company are short sold.
Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Performance
Shares of NYSEARCA:GIGB opened at $44.33 on Monday. The firm has a fifty day moving average price of $44.17 and a 200 day moving average price of $45.42. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 1-year low of $43.15 and a 1-year high of $46.91.
Institutional Trading of Goldman Sachs Access Investment Grade Corporate Bond ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Integrity Alliance LLC. acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 3rd quarter valued at approximately $365,000. MGO One Seven LLC grew its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 2.5% during the third quarter. MGO One Seven LLC now owns 65,319 shares of the company’s stock worth $2,842,000 after acquiring an additional 1,578 shares during the period. Flagship Harbor Advisors LLC raised its position in Goldman Sachs Access Investment Grade Corporate Bond ETF by 12.7% in the third quarter. Flagship Harbor Advisors LLC now owns 41,993 shares of the company’s stock worth $1,827,000 after acquiring an additional 4,743 shares in the last quarter. Sowell Financial Services LLC purchased a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the third quarter worth $5,988,000. Finally, Arvest Investments Inc. purchased a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the third quarter worth $40,374,000.
Goldman Sachs Access Investment Grade Corporate Bond ETF Company 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.
Recommended Stories
- Five stocks we like better than Goldman Sachs Access Investment Grade Corporate Bond ETF
- STMicroelectronics Could Reach New Highs—Here’s What Needs to Happen
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
- Eli Lilly’s First Full Medicare Quarter: Is Volume Still Outrunning Price Cuts?
Receive News & Ratings for Goldman Sachs Access Investment Grade Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs Access Investment Grade Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
