Short Interest in Goldman Sachs Access U.S. Aggregate Bond ETF (NYSEARCA:GCOR) Grows By 24.8%

Goldman Sachs Access U.S. Aggregate Bond ETF (NYSEARCA:GCOR) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 14,822 shares, a growth of 24.8% from the January 15th total of 11,878 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 132,561 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 132,561 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Goldman Sachs Access U.S. Aggregate Bond ETF Price Performance

NYSEARCA:GCOR traded up $0.01 during midday trading on Tuesday, hitting $41.99. 25,020 shares of the company were exchanged, compared to its average volume of 92,752. Goldman Sachs Access U.S. Aggregate Bond ETF has a fifty-two week low of $40.08 and a fifty-two week high of $42.17. The company has a fifty day simple moving average of $41.64 and a 200 day simple moving average of $41.66.

Goldman Sachs Access U.S. Aggregate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were issued a $0.1089 dividend. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in Goldman Sachs Access U.S. Aggregate Bond ETF by 73.6% in the second quarter. Envestnet Asset Management Inc. now owns 3,223,041 shares of the company’s stock valued at $133,241,000 after buying an additional 1,366,440 shares during the last quarter. LPL Financial LLC raised its position in Goldman Sachs Access U.S. Aggregate Bond ETF by 7.3% in the 4th quarter. LPL Financial LLC now owns 6,612,495 shares of the company’s stock valued at $274,551,000 after purchasing an additional 452,097 shares during the last quarter. Betterment LLC raised its position in Goldman Sachs Access U.S. Aggregate Bond ETF by 52.5% in the 2nd quarter. Betterment LLC now owns 909,269 shares of the company’s stock valued at $37,589,000 after purchasing an additional 312,938 shares during the last quarter. Cetera Investment Advisers boosted its stake in Goldman Sachs Access U.S. Aggregate Bond ETF by 66.2% during the 2nd quarter. Cetera Investment Advisers now owns 758,041 shares of the company’s stock worth $31,337,000 after purchasing an additional 301,812 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Goldman Sachs Access U.S. Aggregate Bond ETF by 17.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,100,168 shares of the company’s stock worth $45,679,000 after purchasing an additional 161,259 shares during the period.

About Goldman Sachs Access U.S. Aggregate Bond ETF

The Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) is an exchange-traded fund that is based on the FTSE Goldman Sachs US Broad Bond index. The fund tracks a broad-maturity, USD-denominated, investment-grade taxable bond index which screens securities for fundamental criteria. GCOR was launched on Sep 8, 2020 and is managed by Goldman Sachs.