Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Hits New 12-Month Low – Here’s What Happened

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGBGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $44.56 and last traded at $44.5550, with a volume of 9433 shares traded. The stock had previously closed at $44.65.

Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance

The firm’s 50-day simple moving average is $45.09 and its two-hundred day simple moving average is $45.63.

Institutional Trading of Goldman Sachs Access Investment Grade Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of GIGB. Geneos Wealth Management Inc. bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $28,000. Hantz Financial Services Inc. bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 4th quarter valued at $30,000. Rogco LP bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 2nd quarter valued at $73,000. Parallel Advisors LLC increased its stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 4,307.3% in the 1st quarter. Parallel Advisors LLC now owns 1,807 shares of the company’s stock valued at $83,000 after buying an additional 1,766 shares during the period. Finally, Western Wealth Management LLC acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 1st quarter valued at $96,000.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

(Get Free Report)

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.

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