Northwestern Mutual Wealth Management Co. Has $151.47 Million Position in Goldman Sachs Access Investment Grade Corporate Bond ETF $GIGB

Northwestern Mutual Wealth Management Co. increased its position in Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) by 67,050.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,274,925 shares of the company’s stock after acquiring an additional 3,270,048 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.18% of Goldman Sachs Access Investment Grade Corporate Bond ETF worth $151,465,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in GIGB. Geneos Wealth Management Inc. acquired a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the second quarter worth approximately $28,000. Comerica Bank acquired a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the first quarter worth approximately $101,000. Ausdal Financial Partners Inc. acquired a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the third quarter worth approximately $224,000. Sanctuary Advisors LLC increased its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% in the fourth quarter. Sanctuary Advisors LLC now owns 6,119 shares of the company’s stock worth $283,000 after buying an additional 221 shares during the last quarter. Finally, 17 Capital Partners LLC increased its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 18.8% in the third quarter. 17 Capital Partners LLC now owns 6,285 shares of the company’s stock worth $293,000 after buying an additional 994 shares during the last quarter.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA:GIGB opened at $45.43 on Friday. The stock’s 50 day moving average price is $45.87 and its 200 day moving average price is $46.28. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 52 week low of $44.66 and a 52 week high of $47.16.

About Goldman Sachs Access Investment Grade Corporate Bond ETF

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.