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GIGB - Goldman Sachs Access Investment Grade Corporate Bond ETF

Stock Price: $53.57 USD -0.11 (-0.21%)
Updated Apr 19, 2021 4:00 PM EDT - Market closed
After-hours: $53.57 +0.00 (0.00%) Apr 19, 8:00 PM
Assets $744.68M
NAV $53.57
Expense Ratio 0.14%
PE Ratio n/a
Beta (5Y) 0.18
Dividend (ttm) $1.36
Dividend Yield 2.54%
Ex-Dividend Date Apr 1, 2021
1-Year Return -
Trading Day April 19
Last Price $53.57
Previous Close $53.69
Change ($) -0.11
Change (%) -0.21%
Day's Open 53.54
Day's Range 53.54 - 53.62
Day's Volume 52,997
52-Week Range 50.59 - 55.97

Fund Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Investment Grade Corporate Bond Index (the index). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade, corporate bonds denominated in U.S. dollars (USD) that meet certain liquidity and fundamental screening criteria.

Asset Class
Fixed Income
Sector
Income
Region
Global
Inception Date
Jun 6, 2017
Exchange
NYSEARCA
Ticker Symbol
GIGB
Index Tracked
Citi Goldman Sachs Investment Grade Corporate Bond Index

Top 10 Holdings

2.56% of assets
NameSymbolWeight
GE Capital International Funding Company Unlimited Company 4.42%GE 4.418 11/15/350.31%
Wells Fargo & Company 5.01%n/a0.28%
BANK MONTREAL QUE 3.8%n/a0.27%
AT&T Inc 3.55%n/a0.26%
Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc 4.9%ABIBB 4.9 02/01/46 *0.26%
Apple Inc. 4.65%n/a0.25%
JPMorgan Chase & Co. 3.54%n/a0.24%
Dell International L.L.C. and EMC Corporation 4.9%n/a0.24%
AT&T Inc 3.65%n/a0.23%
Goldman Sachs FS Government InstlFGTXX0.23%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Apr 1, 2021$0.109Apr 8, 2021
Mar 1, 2021$0.098Mar 5, 2021
Feb 1, 2021$0.106Feb 5, 2021
Dec 29, 2020$0.11Jan 6, 2021
Nov 2, 2020$0.113Nov 6, 2020
Oct 1, 2020$0.11Oct 6, 2020
Full Dividend History

News

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At the height of the Covid-19 sell-offs in March, bonds were the capital markets’ safe haven of choice as investors piled into bonds by the droves. As more economies look to rebound from the pandemic, i...

Other tickers mentioned: AGG
7 months ago - ETF Trends

There’s some talk in the markets that bonds have had their day in the sun and now their time is up. Gold, for example, could supplant bonds in a traditional 60-40 asset allocation, but bonds can still b...

7 months ago - ETF Trends

With yields at record lows, investors are searching for yield wherever they can find it. One of the countries that has been seeing an influx of investor capital is Australia.

Other tickers mentioned: EWA
7 months ago - ETF Trends

Whether it’s trade agreements or Covid-19, bond exchange-traded funds (ETFs) have been the beneficiary of U.S.-China trade tensions.

Other tickers mentioned: AGG
8 months ago - ETF Trends

The 60-40 stock-bond allocation did a lot of investors favors during the Covid-19 selloffs back in March as investors rushed to safe havens when equities were selling off and rates were dropping. Those ...

Other tickers mentioned: GSEW
8 months ago - ETF Trends

The fixed income market certainly got a robust injection of capital via the central bank purchases in conjunction with investors looking for safe havens amid the pandemic. A byproduct of the heightened ...

8 months ago - ETF Trends

Global investment firms were certainly the beneficiaries of fixed income trading during the second quarter with banks like JP Morgan and Citi recording record profits in their bond trading operations. W...

Other tickers mentioned: AGG
8 months ago - ETF Trends

Select equities have already rebounded past their pre-Covid-19 highs and the space could be looking more expensive than necessary. If investors are feeling jittery on inflated equity prices, they may wa...

Other tickers mentioned: AGG
8 months ago - ETF Trends

There wasn’t a dearth of investment capital when it came to fixed income during the coronavirus pandemic. Global investment firm Blackrock’s profit numbers jumped by 21% thanks to the fixed income, incl...

Other tickers mentioned: AGG
8 months ago - ETF Trends

The ongoing battle between value and growth could see the former take advantage over the latter if a certain bond indicator turns in its favor. Retired money manager Bill Gross said that tech giants lik...

Other tickers mentioned: EFV, GHYB
9 months ago - ETF Trends

It was full steam ahead for the Federal Reserve when it came to shoring up the bond market following the Coronavirus sell-offs in March as the central bank was quick to purchase bond-focused ETFs and th...

Other tickers mentioned: GHYB
9 months ago - ETF Trends

According to JPMorgan Chase & Co., central banks around the world will have to rely more heavily on loose monetary policy in order to sustain the need take on more debt, per a recent Bloomberg article.

Other tickers mentioned: GSEW
9 months ago - ETF Trends

Corporate bonds and the related ETFs are getting plenty of attention this year as the Federal Reserve is putting billions of dollars to work to shore up that market, a trend propping up ETFs such as the...

9 months ago - ETF Trends

The Goldman Sachs Access Investment Grade Corporate Bond ETF has hit a fresh 52-week high. Are more gains in store?

9 months ago - Zacks Investment Research

The capital markets cheered the Federal Reserve’s move to further support the bond market by purchasing up individual debt as opposed to fixed income exchange-traded funds (ETFs).

Other tickers mentioned: IGHG, LQD, VCIT
10 months ago - ETF Trends

Here we discuss some corporate bond ETFs that have hit their 52-week high levels following Fed's latest announcement.

Other tickers mentioned: BSCP, BSCR, IGIB, LQD, SKOR, SLQD, SPIB ...
10 months ago - Zacks Investment Research

It comes as no surprise that bonds were the toast of the town versus equities during the height of the pandemic sell-off as investors took flight to safety. A deluge of capital into investment-grade bon...

Other tickers mentioned: IGHG, LQD, VCIT
10 months ago - ETF Trends

Bonds have definitely been having their day in the sun as numerous companies are taking advantage of low rates combined with the Federal Reserve’s support to backstop the bond market during the pandemic...

10 months ago - ETF Trends

Companies have been making good use of bonds with global interest rates at lows, which is offering them the opportunity to refinance existing debt. This is just one of the ways bonds have been used to a...

Other tickers mentioned: IGHG, LQD, VCIT
10 months ago - ETF Trends

Gold can’t have all the safe haven fun—bonds have been seeing their fair share of safety capital during the pandemic, especially with the central government stepping in to inject more capital into debt ...

Other tickers mentioned: LQD, SPSB, VCSH
10 months ago - ETF Trends

The Federal Reserve is no doubt doing its part to help support the economy by dumping trillions into businesses, which is helping to buoy the bond market. The capital markets are betting that even more ...

Other tickers mentioned: IGHG, LQD, VCIT
10 months ago - ETF Trends

Just ahead of Memorial Day weekend, corporate bonds finished another strong week as investor optimism erred on the side of bullishness that the government will do what’s necessary in order to stave off ...

Other tickers mentioned: LQD, VCIT
10 months ago - ETF Trends

Last week, the U.S. Federal Reserve initiated their bond-buying spree, which includes more risky debt issues in the high yield bond markets.

Other tickers mentioned: IGLB
11 months ago - ETF Trends

The Federal Reserve has the bond markets in their sights with $75 billion at the ready, which it will use to buy debt issues directly from the companies or through exposure via exchange-traded funds (ET...

11 months ago - ETF Trends

The quantitative easing program by the Federal Reserve is sweetening the pot for fixed income investors looking for corporate bonds and high yield exposure. For example, airplane manufacturer Boeing has...

Other tickers mentioned: GHYB
11 months ago - ETF Trends

As expected since the U.S. Federal Reserve decided to pour more funds into its quantitative easing program, the Bank of Japan followed suit with a plan to purchase corporate bonds to help shore up its e...

Other tickers mentioned: BBJP, FLJP, GSJY
11 months ago - ETF Trends

With the U.S. Federal Reserve providing a much-needed backstop in the bond market with corporate and high yield bond purchases, the Bank of Japan may follow suit.

Other tickers mentioned: BBJP, FLJP, GSJY
11 months ago - ETF Trends

The coronavirus pandemic fueled a credit line maxing bonanza by U.S. companies amid the uncertainty of revenues drying up and cash dwindling due to social distancing restrictions.

Other tickers mentioned: IGHG, SPSB, VCSH
11 months ago - ETF Trends

As we consider the current fixed-income environment, investors can consider targeted bond exchange traded fund strategies to diversify a portfolio.

Other tickers mentioned: GBIL, GHYB
11 months ago - ETF Trends

Consumers looking to borrow cheap money have to like the low rates in today’s environment, but for the fixed income investor, not so much. However, just because yields are at record lows, it doesn’t mea...

Other tickers mentioned: GHYB
11 months ago - ETF Trends

As we grapple with the new low-yield environment, fixed-income investors should consider the necessary tools to adapt to the changing market conditions.

Other tickers mentioned: GBIL, GHYB
11 months ago - ETF Trends

Legendary investor Ray Dalio of Bridgewater Associates doesn’t advise investors to jump into safe haven government debt.

Other tickers mentioned: GHYB
1 year ago - ETF Trends

First it was Treasury notes followed by corporate bonds, and now the Federal Reserve is looking to shore up the bond markets further with purchases in municipal debt as well as high yield as part of a c...

1 year ago - ETF Trends

When looking at optimal fixed-income allocations, financial advisors are considering ways to incorporate ETFs to diminish overall portfolio risks better and enhance yield generation. “When you think abo...

Other tickers mentioned: GBIL, GHYB, GSST, GTIP
1 year ago - ETF Trends

By some estimates, there's more than $14 trillion of negative-yielding debt around the world.

1 year ago - Benzinga