Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Increases Dividend to $0.28 Per Share

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.2822 per share on Monday, April 7th. This represents a $3.39 annualized dividend and a dividend yield of 6.78%. The ex-dividend date is Tuesday, April 1st. This is a 28.5% increase from Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF’s previous monthly dividend of $0.22.

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

Shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF stock traded down $0.21 during trading on Tuesday, hitting $49.92. 105 shares of the stock traded hands, compared to its average volume of 448. The stock’s fifty day simple moving average is $50.68 and its 200 day simple moving average is $51.17. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 52-week low of $49.84 and a 52-week high of $53.26.

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

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.