Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Short Interest Update

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 2,266 shares, a decrease of 40.5% from the May 31st total of 3,810 shares. Based on an average daily volume of 34,704 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Hedge funds have recently added to or reduced their stakes in the business. Balboa Wealth Partners grew its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% in the first quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock worth $236,000 after purchasing an additional 495 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the third quarter valued at about $1,325,000. Jane Street Group LLC lifted its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% in the second quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock worth $1,963,000 after purchasing an additional 16,033 shares during the period. Finally, Goldman Sachs Group Inc. lifted 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 worth $181,032,000 after purchasing an additional 1,376,800 shares during the period.

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

Shares of GPRF traded down $0.22 during mid-day trading on Wednesday, reaching $49.90. 1,657 shares of the company’s stock traded hands, compared to its average volume of 22,199. The business’s 50-day moving average price is $50.20 and its 200-day moving average price is $50.53. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 12 month low of $49.09 and a 12 month high of $52.03.

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

The firm also recently announced a dividend, which was paid on Friday, June 5th. Investors of record on Monday, June 1st were given a $0.212 dividend. The ex-dividend date was Monday, June 1st.

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

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.