Short Interest in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Rises By 232.7%

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) was the target of a large increase in short interest during the month of 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. Based on an average daily trading volume, of 56,161 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

A number of institutional investors have recently made changes to their positions in GPRF. Balboa Wealth Partners grew its position in 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 in the last quarter. Jane Street Group LLC boosted its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% during the 2nd 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 last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 82.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 47,090 shares of the company’s stock worth $2,384,000 after buying an additional 21,337 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of 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 valued at $181,032,000 after acquiring an additional 1,376,800 shares in the last quarter.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Trading Down 0.0%

NASDAQ GPRF traded down $0.01 during trading on Tuesday, hitting $49.62. The stock had a trading volume of 577 shares, compared to its average volume of 23,618. The company’s 50-day moving average price is $50.02 and its two-hundred day moving average price is $50.41. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 12 month low of $49.09 and a 12 month high of $52.03.

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

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

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.