Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $44.85 and last traded at $44.85, with a volume of 22573 shares changing hands. The stock had previously closed at $44.94.
Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance
The firm has a 50 day moving average of $45.39 and a 200-day moving average of $45.80.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GIGB. Comerica Bank purchased a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $101,000. JPMorgan Chase & Co. grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 7.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 43,790 shares of the company’s stock valued at $2,015,000 after acquiring an additional 3,123 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the second quarter worth $4,997,000. Geneos Wealth Management Inc. purchased a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the second quarter worth $28,000. Finally, Osaic Holdings Inc. raised its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 28.8% during the second quarter. Osaic Holdings Inc. now owns 17,115 shares of the company’s stock worth $788,000 after acquiring an additional 3,827 shares in the last quarter.
About Goldman Sachs Access Investment Grade Corporate Bond ETF
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.
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