Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Sees Significant Decline in Short Interest

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF – Get Free Report) was the recipient of a significant decline in short interest during 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 company are short sold. Based on an average trading volume of 4,754 shares, the days-to-cover ratio is currently 0.1 days.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Stock Down 0.6%

Shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF stock traded down $0.27 on Tuesday, reaching $47.70. 170,879 shares of the company traded hands, compared to its average volume of 21,404. The company has a 50 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 has a 52 week low of $47.40 and a 52 week high of $52.41.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, November 6th. Investors of record on Monday, November 2nd were paid a $0.2393 dividend. The ex-dividend date was Monday, November 2nd. This is a negative change 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 yield of 6.0%.

Hedge Funds Weigh In On Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

A hedge fund recently bought a new position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF stock. Barrett & Company Inc. bought a new position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,000 shares of the company’s stock, valued at approximately $96,000. Barrett & Company Inc. owned about 0.06% of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF at the end of the most recent reporting period.

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

(Get Free Report)

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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