Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Sees Large Increase in Short Interest

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 3,337 shares, an increase of 232.7% from the June 30th total of 1,003 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 56,161 shares, the short-interest ratio is presently 0.1 days.

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

NASDAQ GPRF traded down $0.05 during trading on Monday, hitting $49.62. The company’s stock had a trading volume of 577 shares, compared to its average volume of 23,618. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a fifty-two week low of $49.09 and a fifty-two week high of $52.03. The business’s 50 day simple moving average is $50.03 and its 200-day simple moving average is $50.42.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.2653 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

Hedge Funds Weigh In On Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% in the 2nd quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock valued at $1,963,000 after buying an additional 16,033 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the third quarter worth about $1,325,000. Goldman Sachs Group Inc. grew its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock worth $181,032,000 after acquiring an additional 1,376,800 shares during the period. Finally, Balboa Wealth Partners raised its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% during the first quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock valued at $236,000 after acquiring an additional 495 shares in the last quarter.

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

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.