Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Stock Price Down 0.1% – Here’s What Happened

Shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) traded down 0.1% on Wednesday . The stock traded as low as $50.00 and last traded at $50.07. 460 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 22,493 shares. The stock had previously closed at $50.10.

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

The company has a 50-day simple moving average of $50.18 and a two-hundred day simple moving average of $50.61.

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

The firm also recently disclosed a dividend, which will be paid on Friday, June 5th. Shareholders of record on Monday, June 1st will be given a $0.212 dividend. The ex-dividend date of this dividend is Monday, June 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Balboa Wealth Partners purchased a new position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF in the third quarter worth $227,000. Mercer Global Advisors Inc. ADV purchased a new position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF in the third quarter worth $1,325,000. Jane Street Group LLC lifted its position in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% during the 2nd quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock valued at $1,963,000 after buying an additional 16,033 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position 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 valued at $181,032,000 after buying an additional 1,376,800 shares during the last quarter.

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

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.