Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Hits New 1-Year Low – Here’s What Happened

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) reached a new 52-week low on Tuesday. The company traded as low as $43.51 and last traded at $43.59, with a volume of 60190 shares trading hands. The stock had previously closed at $43.86.

Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance

The firm has a 50 day moving average of $44.68 and a 200-day moving average of $45.36.

Institutional Trading of Goldman Sachs Access Investment Grade Corporate Bond ETF

Institutional investors have recently modified their holdings of the stock. Syntegra Private Wealth Group LLC increased its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 6.6% in the first quarter. Syntegra Private Wealth Group LLC now owns 9,677 shares of the company’s stock worth $443,000 after purchasing an additional 596 shares during the period. Hantz Financial Services Inc. acquired a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF during the fourth quarter worth about $30,000. Valpey Financial Services LLC increased its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 7.1% in the 4th quarter. Valpey Financial Services LLC now owns 10,218 shares of the company’s stock valued at $473,000 after buying an additional 673 shares during the period. Beacon Financial Advisory LLC increased its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 14.7% in the 2nd quarter. Beacon Financial Advisory LLC now owns 10,541 shares of the company’s stock valued at $484,000 after buying an additional 1,347 shares during the period. Finally, LifePlan Investment Advisors Inc. increased its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 5.7% in the 2nd quarter. LifePlan Investment Advisors Inc. now owns 27,327 shares of the company’s stock valued at $1,255,000 after buying an additional 1,475 shares during the period.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

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.