Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Sees Strong Trading Volume

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB – Get Rating) saw unusually-high trading volume on Friday . Approximately 91,791 shares were traded during mid-day trading, an increase of 74% from the previous session’s volume of 52,786 shares.The stock last traded at $45.23 and had previously closed at $44.93.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Up 0.5 %

The company has a fifty day simple moving average of $45.28 and a 200-day simple moving average of $44.53.

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

A number of hedge funds have recently modified their holdings of GIGB. PNC Financial Services Group Inc. grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 83.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 677 shares of the company’s stock worth $34,000 after purchasing an additional 307 shares during the period. Private Trust Co. NA grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 247.3% during the 3rd quarter. Private Trust Co. NA now owns 1,212 shares of the company’s stock worth $52,000 after purchasing an additional 863 shares during the period. OLD Mission Capital LLC purchased a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 4th quarter worth $75,000. Simplex Trading LLC purchased a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 3rd quarter worth $116,000. Finally, United Capital Financial Advisers LLC purchased a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 4th quarter worth $202,000.

About Goldman Sachs Access Investment Grade Corporate Bond ETF

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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.