Goldman Sachs Group Inc. Buys 1,050,239 Shares of Goldman Sachs Access Investment Grade Corporate Bond ETF $GIGB

Goldman Sachs Group Inc. raised its stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) by 45.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,344,399 shares of the company’s stock after buying an additional 1,050,239 shares during the period. Goldman Sachs Group Inc. owned 18.58% of Goldman Sachs Access Investment Grade Corporate Bond ETF worth $154,678,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GIGB. Geneos Wealth Management Inc. bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF during the second quarter valued at about $28,000. Hantz Financial Services Inc. bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF during the fourth quarter valued at about $30,000. Comerica Bank bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF during the first quarter valued at about $101,000. Ausdal Financial Partners Inc. bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF during the third quarter valued at about $224,000. Finally, Sanctuary Advisors LLC raised its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% during the fourth quarter. Sanctuary Advisors LLC now owns 6,119 shares of the company’s stock valued at $283,000 after buying an additional 221 shares in the last quarter.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA GIGB opened at $45.54 on Monday. Goldman Sachs Access Investment Grade Corporate Bond ETF has a fifty-two week low of $45.05 and a fifty-two week high of $47.16. The stock’s 50-day moving average is $45.81 and its two-hundred day moving average is $46.19.

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.