Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Trading 0.1% Higher – Still a Buy?

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB)’s stock price shot up 0.1% on Friday . The company traded as high as $45.63 and last traded at $45.60. 32,727 shares changed hands during trading, an increase of 27% from the average session volume of 25,802 shares. The stock had previously closed at $45.56.

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

The stock’s fifty day moving average price is $45.43 and its 200 day moving average price is $45.42.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harbour Investments Inc. increased its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 156.8% in the second quarter. Harbour Investments Inc. now owns 832 shares of the company’s stock worth $38,000 after purchasing an additional 508 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock worth $46,000 after acquiring an additional 800 shares in the last quarter. Claris Financial LLC purchased a new stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the 2nd quarter worth approximately $204,000. Global Assets Advisory LLC bought a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $289,000. Finally, Chicago Partners Investment Group LLC grew its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 12.2% in the second quarter. Chicago Partners Investment Group LLC now owns 7,034 shares of the company’s stock valued at $319,000 after purchasing an additional 765 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.