Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Stock Price Down 0% – Here’s Why

by · The Cerbat Gem

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB – Get Free Report)’s stock price traded down 0% during trading on Wednesday . The company traded as low as $44.74 and last traded at $44.78. Approximately 9,902 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 17,764 shares. The stock had previously closed at $44.80.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

The firm’s 50 day simple moving average is $44.82 and its two-hundred day simple moving average is $45.05.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GHYB. PNC Financial Services Group Inc. raised its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the third quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $46,000 after acquiring an additional 800 shares during the last quarter. Claris Financial LLC bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF in the fourth quarter valued at $205,000. Osaic Holdings Inc. increased its position in Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% during the 4th quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock valued at $362,000 after purchasing an additional 1,641 shares during the period. JPMorgan Chase & Co. raised its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock worth $368,000 after purchasing an additional 8,064 shares in the last quarter. Finally, Smithbridge Asset Management Inc. DE raised its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 16,337 shares of the company’s stock worth $740,000 after purchasing an additional 625 shares in the last quarter.

About Goldman Sachs Access High Yield Corporate Bond ETF

(Get Free Report)

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.

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