Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Up 350.8% in April

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 45,521 shares, an increase of 350.8% from the April 15th total of 10,098 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 171,862 shares, the short-interest ratio is presently 0.3 days.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Down 0.6%

NYSEARCA:GIGB traded down $0.28 during trading hours on Friday, hitting $45.43. The stock had a trading volume of 62,700 shares, compared to its average volume of 110,770. Goldman Sachs Access Investment Grade Corporate Bond ETF has a one year low of $44.66 and a one year high of $47.16. The business’s 50 day moving average is $45.89 and its 200-day moving average is $46.29.

Institutional Investors Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

Several large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 45.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,344,399 shares of the company’s stock valued at $154,678,000 after purchasing an additional 1,050,239 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 67,050.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,274,925 shares of the company’s stock valued at $151,465,000 after purchasing an additional 3,270,048 shares in the last quarter. LPL Financial LLC increased its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 4.3% in the fourth quarter. LPL Financial LLC now owns 1,888,656 shares of the company’s stock valued at $87,350,000 after purchasing an additional 77,734 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 942,221 shares of the company’s stock valued at $43,992,000 after purchasing an additional 48,927 shares in the last quarter. Finally, Valpey Financial Services LLC increased its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 4,851.0% in the fourth quarter. Valpey Financial Services LLC now owns 472,577 shares of the company’s stock valued at $21,857,000 after purchasing an additional 463,032 shares in the last quarter.

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.