Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Declares $0.21 Monthly Dividend

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) announced a monthly dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be paid a dividend of 0.2141 per share on Tuesday, September 8th. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, September 1st.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Trading Down 0.6%

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF stock traded down $0.29 during midday trading on Tuesday, reaching $49.11. 2,202 shares of the company’s stock were exchanged, compared to its average volume of 22,276. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 52 week low of $48.99 and a 52 week high of $52.41. The stock’s 50-day simple moving average is $49.72 and its 200 day simple moving average is $50.14.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock worth $181,032,000 after acquiring an additional 1,376,800 shares during the period. Mercer Global Advisors Inc. ADV bought a new stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF in the 3rd quarter valued at $1,325,000. Jane Street Group LLC lifted its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 79.7% during the 4th quarter. Jane Street Group LLC now owns 46,432 shares of the company’s stock valued at $2,351,000 after purchasing an additional 20,593 shares during the last quarter. Finally, Balboa Wealth Partners lifted its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% during the 1st quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock valued at $236,000 after purchasing an additional 495 shares during the last quarter.

About Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

The Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to track an index of broad US preferred stock and hybrid securities. The fund aims to provide high monthly income, with lower correlation to interest rates, relative to other asset classes GPRF was launched on Jul 30, 2024 and is issued by Goldman Sachs.