Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB)

NYSEARCA: GIGB · IEX Real-Time Price · USD
43.09
-0.26 (-0.59%)
Sep 27, 2022 10:18 AM EDT - Market open
-0.59%
Assets $572.09M
NAV $43.34
Expense Ratio 0.14%
PE Ratio n/a
Shares Out 13.20M
Dividend (ttm) $1.29
Dividend Yield 2.98%
Ex-Dividend Date Sep 1, 2022
1-Year Return -21.54%
Volume 2,721
Open 43.26
Previous Close 43.34
Day's Range 43.05 - 43.26
52-Week Low 43.05
52-Week High 55.09
Beta 0.21
Holdings 1475
Inception Date Jun 6, 2017

About GIGB

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
Issuer Goldman Sachs
Stock Exchange NYSEARCA
Ticker Symbol GIGB
Index Tracked Citi Goldman Sachs Investment Grade Corporate Bond Index

Top 10 Holdings

4.43% of assets
Name Symbol Weight
GS TRUST - GS FINANCIAL S FGTXX 0.71%
AMERICAN EXPRESS COMPANY AXP 3 10.30.24 0.57%
CIGNA CORPORATION CI 4.125 11.15.25 0.48%
VERIZON COMMUNICATIONS, I VZ 0.85 11.20.25 0.44%
BP CAPITAL MARKETS AMERIC BPLN 3.017 01.16.27 * 0.40%
NVIDIA CORPORATION NVDA 0.584 06.14.24 0.40%
STARBUCKS CORPORATION SBUX 3.8 08.15.25 0.39%
BANK OF MONTREAL BMO V4.338 10.05.28 0.36%
BRISTOL-MYERS SQUIBB COMP BMY 0.75 11.13.25 0.36%
ABBVIE INC. ABBV 3.6 05.14.25 0.32%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 1, 2022 $0.11362 Sep 8, 2022
Aug 1, 2022 $0.12097 Aug 5, 2022
Jul 1, 2022 $0.12356 Jul 7, 2022
Jun 1, 2022 $0.10443 Jun 7, 2022
May 3, 2022 $0.1059 May 9, 2022
Apr 1, 2022 $0.11353 Apr 8, 2022
Full Dividend History

News

Bonds Are Still a Safe Option Even for Hesitant Investors

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...

2 years ago - ETF Trends

Global Investors Are Buying Up Australian Bonds

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 symbols: EWA
2 years ago - ETF Trends

Renewed U.S.-China Tensions Give Bond ETFs a Boost

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

Other symbols: AGG
2 years ago - ETF Trends

Low Yields are Making Investors Rethink the 60-40 Split

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 symbols: GSEW
2 years ago - ETF Trends

Bundling Corporate Bonds is Changing the Fixed Income Market

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 ...

2 years ago - ETF Trends

When it Comes to Corporate Bonds, Traders Value Execution

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 symbols: AGG
2 years ago - ETF Trends

Give Bonds a Look if Equity Prices Look Too Inflated

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 symbols: AGG
2 years ago - ETF Trends

Bond ETFs Helped to Boost BlackRock’s Profit by 21%

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 symbols: AGG
2 years ago - ETF Trends

This Bond Indicator Could Signify Beating Growth, Says Bill Gross

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 symbols: EFVGHYB
2 years ago - ETF Trends

Will the Fed Pump the Brakes on Bond Purchases?

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 symbols: GHYB
2 years ago - ETF Trends

Increase in Global Liquidity May Help Equities and Bonds, Says JPMorgan

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 symbols: GSEW
2 years ago - ETF Trends

Get Income, Less Credit Risk With This Corporate Bond ETF

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...

2 years ago - ETF Trends

Corporate Bond ETF (GIGB) Hits New 52-Week High

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

2 years ago - Zacks Investment Research

The Federal Reserve Isn’t Looking to Take Over the Bond Market

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 symbols: IGHGLQDVCIT
2 years ago - ETF Trends

Corporate Bond ETFs Gain on Fed's New Initiatives

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

2 years ago - Zacks Investment Research

Investment Grade Bond Issuance Is Already Double That of Last Year

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 symbols: IGHGLQDVCIT
2 years ago - ETF Trends

Coronavirus Bonds are All the Rage in the Fixed Income Market

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...

2 years ago - ETF Trends

COVID-19 Crisis Could be Addressed with Bonds

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 symbols: IGHGLQDVCIT
2 years ago - ETF Trends

Fixed Income ETFs See $55B in Inflows Thus Far this Year

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 symbols: LQDSPSBVCSH
2 years ago - ETF Trends

More Fed Action Ahead Could Buoy the Bond Market

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 symbols: IGHGLQDVCIT
2 years ago - ETF Trends

Momentum Is on the Side of Corporate Bonds Right Now

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 symbols: LQDVCIT
2 years ago - ETF Trends

Will China Follow the U.S. Fed by Buying Risky Debt?

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 symbols: IGLB
2 years ago - ETF Trends

Price Efficiency a Key Component as Fed Prepares to Buy Bonds

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...

2 years ago - ETF Trends

Investor Demand is Strong for Boeing’s Latest Bond Offering

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 symbols: GHYB
2 years ago - ETF Trends