Commonwealth Equity Services LLC Sells 2,323 Shares of Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD)

Commonwealth Equity Services LLC decreased its stake in Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) by 27.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 6,253 shares of the company’s stock after selling 2,323 shares during the period. Commonwealth Equity Services LLC’s holdings in Goldman Sachs Access Emerging Markets USD Bond ETF were worth $252,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 71.7% in the 1st quarter. Cetera Investment Advisers now owns 64,828 shares of the company’s stock worth $2,663,000 after purchasing an additional 27,079 shares during the period. ICA Group Wealth Management LLC purchased a new stake in Goldman Sachs Access Emerging Markets USD Bond ETF in the fourth quarter worth $118,000. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 3.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 68,142 shares of the company’s stock valued at $2,748,000 after buying an additional 2,022 shares during the period.

Goldman Sachs Access Emerging Markets USD Bond ETF Stock Performance

Shares of BATS GEMD opened at $42.42 on Wednesday. The company’s 50 day moving average price is $41.61 and its two-hundred day moving average price is $40.94.

Goldman Sachs Access Emerging Markets USD Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 9th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1761 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

About Goldman Sachs Access Emerging Markets USD Bond ETF

The Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated emerging markets government bonds of various credit quality and maturity. Bonds are selected by multiple economic factors such as governance indicators, import coverage, and inflation.