Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Short Interest Update

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 2,266 shares, a decrease of 40.5% from the May 31st total of 3,810 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 34,704 shares, the short-interest ratio is presently 0.1 days.

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

Shares of NASDAQ GPRF traded down $0.22 during mid-day trading on Wednesday, reaching $49.90. 1,657 shares of the company traded hands, compared to its average volume of 22,199. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a fifty-two week low of $49.09 and a fifty-two week high of $52.03. The stock has a fifty day simple moving average of $50.20 and a 200-day simple moving average of $50.53.

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

The company also recently declared a dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, June 1st were given a dividend of $0.212 per share. The ex-dividend date was Monday, June 1st.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Balboa Wealth Partners boosted its holdings in shares of 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 worth $236,000 after buying an additional 495 shares during the period. Jane Street Group LLC lifted its position in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% in the 2nd quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock valued at $1,963,000 after acquiring an additional 16,033 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 82.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 47,090 shares of the company’s stock worth $2,384,000 after purchasing an additional 21,337 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock worth $181,032,000 after purchasing an additional 1,376,800 shares in the last quarter.

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.