Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Hits New 52-Week Low – Here’s What Happened

Shares of Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) reached a new 52-week low on Wednesday . The stock traded as low as $45.11 and last traded at $45.11, with a volume of 2523 shares trading hands. The stock had previously closed at $45.28.

Goldman Sachs Access Investment Grade Corporate Bond ETF Trading Down 0.1%

The stock’s fifty day simple moving average is $45.66 and its two-hundred day simple moving average is $46.00.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

Large investors have recently bought and sold shares of the business. CoreCap Advisors LLC boosted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 11.0% in the second quarter. CoreCap Advisors LLC now owns 51,935 shares of the company’s stock valued at $2,384,000 after acquiring an additional 5,127 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 4,307.3% in the 1st quarter. Parallel Advisors LLC now owns 1,807 shares of the company’s stock worth $83,000 after purchasing an additional 1,766 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 34.0% in the 1st quarter. NewEdge Advisors LLC now owns 39,184 shares of the company’s stock worth $1,795,000 after purchasing an additional 9,940 shares during the last quarter. Western Wealth Management LLC acquired a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF during the 1st quarter valued at approximately $96,000. Finally, Bank of America Corp DE grew its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 20.4% during the 1st quarter. Bank of America Corp DE now owns 122,540 shares of the company’s stock worth $5,612,000 after buying an additional 20,727 shares during 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.