Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Stock Price Down 0.2% – What’s Next?

Shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRFGet Free Report) were down 0.2% during mid-day trading on Friday . The stock traded as low as $51.24 and last traded at $51.24. Approximately 470 shares were traded during trading, a decline of 100% from the average daily volume of 96,211 shares. The stock had previously closed at $51.33.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Trading Down 0.2%

The company’s fifty day simple moving average is $50.84 and its two-hundred day simple moving average is $50.97.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 31st were issued a $0.2205 dividend. This is an increase from Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Wednesday, December 31st.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV bought a new position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the third quarter worth $1,325,000. Jane Street Group LLC increased its stake 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 valued at $1,963,000 after purchasing an additional 16,033 shares during the last quarter. Finally, Balboa Wealth Partners acquired a new stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the third quarter worth $227,000.

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

(Get Free Report)

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.

Further Reading

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