Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Shares Down 0% – Here’s Why

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF – Get Free Report) dropped 0% on Monday . The company traded as low as $49.97 and last traded at $50.01. Approximately 1,688 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 22,549 shares. The stock had previously closed at $50.03.

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

The stock’s 50-day moving average price is $50.20 and its 200-day moving average price is $50.53.

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

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st will be given a $0.2653 dividend. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date is Wednesday, July 1st.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Balboa Wealth Partners increased its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% in the 1st quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock valued at $236,000 after buying an additional 495 shares during the period. Jane Street Group LLC lifted its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% during the second quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock valued at $1,963,000 after acquiring an additional 16,033 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 82.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 47,090 shares of the company’s stock valued at $2,384,000 after acquiring an additional 21,337 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock valued at $181,032,000 after acquiring an additional 1,376,800 shares during the last quarter.

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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