Channel Wealth LLC Reduces Position in Goldman Sachs Access Investment Grade Corporate Bond ETF $GIGB

Channel Wealth LLC trimmed its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) by 22.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 144,042 shares of the company’s stock after selling 41,537 shares during the quarter. Goldman Sachs Access Investment Grade Corporate Bond ETF makes up about 1.8% of Channel Wealth LLC’s portfolio, making the stock its 17th biggest position. Channel Wealth LLC owned 0.98% of Goldman Sachs Access Investment Grade Corporate Bond ETF worth $6,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GIGB. Geneos Wealth Management Inc. purchased a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF during the 2nd quarter valued at $28,000. Private Trust Co. NA lifted its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 175.3% during the second quarter. Private Trust Co. NA now owns 1,346 shares of the company’s stock worth $62,000 after purchasing an additional 857 shares during the last quarter. Comerica Bank purchased a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the first quarter valued at $101,000. 17 Capital Partners LLC bought a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the second quarter worth about $243,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the second quarter worth about $255,000.

Goldman Sachs Access Investment Grade Corporate Bond ETF Trading Down 0.1%

Shares of GIGB opened at $46.35 on Thursday. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 1-year low of $43.96 and a 1-year high of $47.16. The company has a 50-day moving average of $46.61 and a 200 day moving average of $46.22.

Goldman Sachs Access Investment Grade Corporate Bond ETF Profile

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. GIGB was launched on Jun 6, 2017 and is managed by Goldman Sachs.