Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Trading Up 0.1% – Should You Buy?

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB)’s stock price shot up 0.1% during trading on Friday . The company traded as high as $45.00 and last traded at $44.97. 7,380 shares were traded during trading, a decline of 59% from the average session volume of 17,912 shares. The stock had previously closed at $44.91.

Goldman Sachs Access High Yield Corporate Bond ETF Trading Up 0.1%

The stock has a fifty day simple moving average of $44.74 and a 200 day simple moving average of $45.13.

Institutional Investors Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GHYB. PNC Financial Services Group Inc. raised its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the third quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $46,000 after acquiring an additional 800 shares during the period. Claris Financial LLC bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF during the fourth quarter valued at about $205,000. Osaic Holdings Inc. raised its holdings in 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 valued at $362,000 after acquiring an additional 1,641 shares during the period. JPMorgan Chase & Co. raised its holdings in 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 valued at $368,000 after acquiring an additional 8,064 shares during the period. Finally, Smithbridge Asset Management Inc. DE grew its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% during the fourth quarter. Smithbridge Asset Management Inc. DE now owns 16,337 shares of the company’s stock valued at $740,000 after purchasing an additional 625 shares in the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

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.