Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Shares Up 0.2% – Here’s Why

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) shares shot up 0.2% during mid-day trading on Tuesday . The company traded as high as $44.55 and last traded at $44.51. Approximately 6,363 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 16,359 shares. The stock had previously closed at $44.42.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

The firm has a 50-day simple moving average of $44.66 and a 200 day simple moving average of $44.87.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. grew its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock worth $46,000 after acquiring an additional 800 shares during the last quarter. Claris Financial LLC bought a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the fourth quarter valued at $205,000. Osaic Holdings Inc. lifted its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% during the fourth quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock worth $362,000 after purchasing an additional 1,641 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% during the second quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock worth $368,000 after purchasing an additional 8,064 shares during the period. Finally, Smithbridge Asset Management Inc. DE grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 16,337 shares of the company’s stock worth $740,000 after purchasing an additional 625 shares during the last quarter.

About Goldman Sachs Access High Yield Corporate Bond ETF

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.