Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Announces Dividend Increase – $0.31 Per Share

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be paid a dividend of 0.311 per share on Wednesday, April 8th. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Wednesday, April 1st. This is a 414.5% increase from Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF’s previous monthly dividend of $0.06.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Stock Down 0.0%

NASDAQ GPRF traded down $0.01 on Wednesday, hitting $49.81. 75 shares of the company’s stock were exchanged, compared to its average volume of 32,817. The stock has a 50-day moving average of $50.78 and a 200-day moving average of $50.97. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 52 week low of $48.28 and a 52 week high of $52.03.

Institutional Trading of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. grew its position in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% in the fourth 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. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF in the 3rd quarter valued at approximately $1,325,000. Jane Street Group LLC grew its holdings in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 79.7% during the 4th quarter. Jane Street Group LLC now owns 46,432 shares of the company’s stock valued at $2,351,000 after purchasing an additional 20,593 shares during the last quarter. Finally, Balboa Wealth Partners bought a new stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the 3rd quarter valued at approximately $227,000.

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

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.