Short Interest in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Drops By 55.7%

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 1,003 shares, a drop of 55.7% from the June 15th total of 2,266 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 959 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Large investors have recently modified their holdings of the business. Balboa Wealth Partners raised its position 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 valued at $236,000 after buying an additional 495 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 82.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 47,090 shares of the company’s stock worth $2,384,000 after acquiring an additional 21,337 shares during the last quarter. Jane Street Group LLC boosted its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 79.7% during the fourth quarter. Jane Street Group LLC now owns 46,432 shares of the company’s stock worth $2,351,000 after acquiring an additional 20,593 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake 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 valued at $181,032,000 after acquiring an additional 1,376,800 shares in the last quarter.

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

Shares of NASDAQ:GPRF traded up $0.04 during trading on Tuesday, reaching $49.77. The stock had a trading volume of 1,194 shares, compared to its average volume of 25,064. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 1-year low of $49.09 and a 1-year high of $52.03. The business has a fifty day moving average price of $50.12 and a 200-day moving average price of $50.48.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, July 1st were issued a $0.2653 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 6.4%.

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

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.