Goldman Sachs Access U.S. Aggregate Bond ETF (NYSEARCA:GCOR) Sees Significant Increase in Short Interest

Goldman Sachs Access U.S. Aggregate Bond ETF (NYSEARCA:GCOR) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 54,359 shares, a growth of 471.0% from the August 31st total of 9,520 shares. Based on an average trading volume of 64,751 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are short sold.

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

Shares of GCOR opened at $39.47 on Friday. Goldman Sachs Access U.S. Aggregate Bond ETF has a 1-year low of $39.46 and a 1-year high of $42.22. The firm has a fifty day moving average price of $40.38 and a 200 day moving average price of $40.87.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GCOR. LPL Financial LLC raised its holdings in shares of Goldman Sachs Access U.S. Aggregate Bond ETF by 7.3% in the fourth quarter. LPL Financial LLC now owns 6,612,495 shares of the company’s stock valued at $274,551,000 after buying an additional 452,097 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Goldman Sachs Access U.S. Aggregate Bond ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,490,100 shares of the company’s stock valued at $184,813,000 after acquiring an additional 183,307 shares during the period. Principal Securities Inc. increased its position in Goldman Sachs Access U.S. Aggregate Bond ETF by 0.4% in the 4th quarter. Principal Securities Inc. now owns 1,317,711 shares of the company’s stock valued at $54,711,000 after acquiring an additional 4,848 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in Goldman Sachs Access U.S. Aggregate Bond ETF by 10.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,125,737 shares of the company’s stock valued at $46,336,000 after acquiring an additional 105,515 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in Goldman Sachs Access U.S. Aggregate Bond ETF by 8.8% during the 1st quarter. Cetera Investment Advisers now owns 895,060 shares of the company’s stock valued at $36,984,000 after acquiring an additional 72,193 shares during the last quarter.

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.