Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Hits New 1-Year High at $47.33

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) reached a new 52-week high during trading on Friday . The company traded as high as $47.33 and last traded at $47.33, with a volume of 351 shares. The stock had previously closed at $47.22.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Up 0.3 %

The company has a 50 day simple moving average of $46.30 and a two-hundred day simple moving average of $45.57.

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

Several hedge funds have recently modified their holdings of GIGB. Goldman Sachs Group Inc. boosted its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 11.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,518,627 shares of the company’s stock worth $162,912,000 after acquiring an additional 364,980 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the second quarter worth $10,893,000. UBS Group AG boosted its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 571.8% during the fourth quarter. UBS Group AG now owns 199,325 shares of the company’s stock worth $9,231,000 after acquiring an additional 169,654 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 429.4% during the first quarter. Cetera Investment Advisers now owns 183,343 shares of the company’s stock worth $8,395,000 after acquiring an additional 148,714 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 244.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 186,055 shares of the company’s stock worth $8,520,000 after acquiring an additional 132,077 shares during 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.