Osaic Holdings Inc. Raises Stock Position in Goldman Sachs Hedge Industry VIP ETF $GVIP

Osaic Holdings Inc. raised its stake in shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 35.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 20,278 shares of the company’s stock after acquiring an additional 5,321 shares during the quarter. Osaic Holdings Inc.’s holdings in Goldman Sachs Hedge Industry VIP ETF were worth $2,806,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of GVIP. Bank of America Corp DE increased its stake in Goldman Sachs Hedge Industry VIP ETF by 5.1% during the 2nd quarter. Bank of America Corp DE now owns 155,110 shares of the company’s stock worth $21,463,000 after buying an additional 7,474 shares in the last quarter. Texas Yale Capital Corp. boosted its stake in shares of Goldman Sachs Hedge Industry VIP ETF by 0.9% in the second quarter. Texas Yale Capital Corp. now owns 45,853 shares of the company’s stock worth $6,345,000 after acquiring an additional 415 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Goldman Sachs Hedge Industry VIP ETF by 1,226.9% during the second quarter. Raymond James Financial Inc. now owns 41,624 shares of the company’s stock worth $5,760,000 after purchasing an additional 38,487 shares in the last quarter. Great Lakes Retirement Inc. raised its stake in Goldman Sachs Hedge Industry VIP ETF by 7.8% in the 2nd quarter. Great Lakes Retirement Inc. now owns 34,787 shares of the company’s stock valued at $4,814,000 after purchasing an additional 2,520 shares during the last quarter. Finally, Rockefeller Capital Management L.P. acquired a new position in Goldman Sachs Hedge Industry VIP ETF in the 2nd quarter valued at $3,696,000.

Goldman Sachs Hedge Industry VIP ETF Stock Performance

Shares of GVIP stock opened at $156.68 on Friday. Goldman Sachs Hedge Industry VIP ETF has a fifty-two week low of $100.33 and a fifty-two week high of $161.71. The stock’s fifty day moving average is $153.17 and its two-hundred day moving average is $146.68. The firm has a market capitalization of $423.04 million, a P/E ratio of 28.77 and a beta of 1.06.

Goldman Sachs Hedge Industry VIP ETF Company Profile

The Goldman Sachs Hedge Industry VIP ETF (GVIP) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund tracks an equal-weighted index of the 50 most-frequently held US companies selected from the portfolios of hedge funds. GVIP was launched on Nov 1, 2016 and is managed by Goldman Sachs.