Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Sees Large Growth in Short Interest

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 7,147 shares, an increase of 371.4% from the April 15th total of 1,516 shares. Based on an average trading volume of 2,938 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its holdings in 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 buying an additional 1,376,800 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 82.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 47,090 shares of the company’s stock worth $2,384,000 after buying an additional 21,337 shares during the period. 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 worth $2,351,000 after buying an additional 20,593 shares during the period. 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 worth $236,000 after buying an additional 495 shares during the period.

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

Shares of NASDAQ GPRF remained flat at $50.31 during mid-day trading on Friday. The company had a trading volume of 2,285 shares, compared to its average volume of 25,411. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 12 month low of $49.09 and a 12 month high of $52.03. The firm’s fifty day simple moving average is $50.29 and its 200 day simple moving average is $50.72.

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

The business also recently announced a dividend, which was paid on Thursday, May 7th. Shareholders of record on Friday, May 1st were issued a dividend of $0.2409 per share. The ex-dividend date of this dividend was Friday, May 1st.

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.