Envestnet Asset Management Inc. Has $13.76 Million Stock Holdings in Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD)

Envestnet Asset Management Inc. boosted its stake in Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) by 14.5% in the first quarter, HoldingsChannel reports. The firm owned 339,583 shares of the company’s stock after acquiring an additional 43,083 shares during the period. Envestnet Asset Management Inc. owned 0.18% of Goldman Sachs Access Emerging Markets USD Bond ETF worth $13,760,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 1.9% in the fourth quarter. LPL Financial LLC now owns 545,926 shares of the company’s stock worth $21,761,000 after acquiring an additional 10,014 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 27.6% during the fourth quarter. NewEdge Advisors LLC now owns 7,458 shares of the company’s stock worth $297,000 after buying an additional 1,614 shares in the last quarter. Betterment LLC grew its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 11.0% during the fourth quarter. Betterment LLC now owns 485,705 shares of the company’s stock worth $19,360,000 after buying an additional 48,072 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 12.0% during the fourth quarter. Cetera Investment Advisers now owns 73,467 shares of the company’s stock worth $2,928,000 after buying an additional 7,891 shares in the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 11.8% during the fourth quarter. CoreCap Advisors LLC now owns 36,379 shares of the company’s stock worth $1,450,000 after buying an additional 3,830 shares in the last quarter.

Goldman Sachs Access Emerging Markets USD Bond ETF Trading Up 1.0%

BATS:GEMD opened at $40.72 on Friday. Goldman Sachs Access Emerging Markets USD Bond ETF has a 52-week low of $38.37 and a 52-week high of $42.69. The stock has a 50-day simple moving average of $40.41 and a 200 day simple moving average of $40.26.

Goldman Sachs Access Emerging Markets USD Bond ETF Company Profile

The Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated emerging markets government bonds of various credit quality and maturity. Bonds are selected by multiple economic factors such as governance indicators, import coverage, and inflation.