Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Shares Down 0% – Here’s Why

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) shares traded down 0% during mid-day trading on Monday . The stock traded as low as $49.97 and last traded at $50.01. Approximately 1,688 shares changed hands during trading, a decline of 93% from the average session volume of 22,549 shares. The stock had previously closed at $50.03.

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

The stock’s 50-day moving average is $50.21 and its 200-day moving average is $50.54.

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

The firm also recently declared a dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were paid a dividend of $0.212 per share. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Investors Weigh In On Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Several hedge funds have recently made changes to their positions in the business. Balboa Wealth Partners grew its position in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% in the first quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock valued at $236,000 after purchasing an additional 495 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the third quarter worth about $1,325,000. Jane Street Group LLC lifted its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% during the second quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock worth $1,963,000 after buying an additional 16,033 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock worth $181,032,000 after buying an additional 1,376,800 shares during the last quarter.

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

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.