Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Sees Strong Trading Volume – Here’s Why

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) shares saw strong trading volume on Tuesday . 543,914 shares were traded during trading, an increase of 713% from the previous session’s volume of 66,867 shares.The stock last traded at $45.55 and had previously closed at $45.55.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Up 0.4 %

The firm’s fifty day simple moving average is $45.40 and its two-hundred day simple moving average is $45.94.

Institutional Investors Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in GIGB. Aptus Capital Advisors LLC acquired a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $46,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 4th quarter valued at $152,000. Centaurus Financial Inc. acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 3rd quarter valued at $263,000. Saiph Capital LLC acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 4th quarter valued at $263,000. Finally, Avidian Wealth Enterprises LLC boosted its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 26.3% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 5,929 shares of the company’s stock valued at $267,000 after buying an additional 1,233 shares in the last quarter.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company 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.