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

Shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) traded up 0.1% on Friday . The company traded as high as $51.12 and last traded at $51.11. 1,818 shares changed hands during trading, a decline of 96% from the average session volume of 51,117 shares. The stock had previously closed at $51.06.

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

The firm has a 50 day moving average price of $50.92 and a 200-day moving average price of $51.03.

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

The firm also recently announced a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a dividend of $0.4021 per share. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date was Monday, February 2nd. This is a boost from Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF’s previous monthly dividend of $0.22.

Institutional Investors Weigh In On Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Several institutional investors have recently modified their holdings of the business. Balboa Wealth Partners bought a new stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the third quarter worth approximately $227,000. Mercer Global Advisors Inc. ADV acquired a new stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the 3rd quarter worth $1,325,000. Jane Street Group LLC grew its holdings in 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 worth $1,963,000 after acquiring an additional 16,033 shares during the period. Finally, Goldman Sachs Group Inc. raised 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 acquiring 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.