Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Reaches New 52-Week Low – Here’s Why

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGBGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $44.88 and last traded at $44.88, with a volume of 8611 shares changing hands. The stock had previously closed at $45.04.

Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance

The stock’s 50-day simple moving average is $45.59 and its 200 day simple moving average is $45.94.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

Large investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. purchased a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the second quarter valued at approximately $28,000. Hantz Financial Services Inc. purchased a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the fourth quarter worth $30,000. Parallel Advisors LLC grew its stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 4,307.3% in the first quarter. Parallel Advisors LLC now owns 1,807 shares of the company’s stock valued at $83,000 after buying an additional 1,766 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the first quarter valued at $96,000. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 1st quarter valued at $100,000.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

(Get Free Report)

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.

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