Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Trading 0.1% Higher – Here’s What Happened

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB)’s share price shot up 0.1% during trading on Friday . The company traded as high as $45.63 and last traded at $45.60. 32,727 shares changed hands during mid-day 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 simple moving average is $45.43 and its two-hundred day simple moving average is $45.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its position in Goldman Sachs Access High Yield Corporate Bond ETF by 3.2% in the first quarter. Goldman Sachs Group Inc. now owns 407,397 shares of the company’s stock worth $18,147,000 after buying an additional 12,785 shares during the period. Jane Street Group LLC grew its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 30.9% during the first quarter. Jane Street Group LLC now owns 34,692 shares of the company’s stock worth $1,545,000 after acquiring an additional 8,196 shares during the last quarter. Harbour Investments Inc. grew its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 156.8% during the second quarter. Harbour Investments Inc. now owns 832 shares of the company’s stock worth $38,000 after acquiring an additional 508 shares during the last quarter. Chicago Partners Investment Group LLC increased its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 12.2% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 7,034 shares of the company’s stock worth $319,000 after acquiring an additional 765 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock valued at $368,000 after purchasing an additional 8,064 shares during the last quarter.

About Goldman Sachs Access High Yield Corporate Bond ETF

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.