Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Sees Large Volume Increase – Here’s Why

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) saw unusually-strong trading volume on Thursday . Approximately 559,987 shares traded hands during mid-day trading, a decline of 8% from the previous session’s volume of 607,025 shares.The stock last traded at $99.92 and had previously closed at $99.90.

Goldman Sachs Access Treasury 0-1 Year ETF Price Performance

The business has a 50 day moving average price of $100.01 and a two-hundred day moving average price of $100.04.

Hedge Funds Weigh In On Goldman Sachs Access Treasury 0-1 Year ETF

A number of hedge funds and other institutional investors have recently modified their holdings of GBIL. Laidlaw Wealth Management LLC increased its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 0.7% in the 4th quarter. Laidlaw Wealth Management LLC now owns 14,390 shares of the company’s stock valued at $1,438,000 after acquiring an additional 102 shares during the last quarter. Signal Advisors Wealth LLC increased its holdings in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 1.7% in the fourth quarter. Signal Advisors Wealth LLC now owns 6,575 shares of the company’s stock worth $660,000 after purchasing an additional 112 shares during the last quarter. Cannon Advisors Inc. lifted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 1.9% in the fourth quarter. Cannon Advisors Inc. now owns 6,431 shares of the company’s stock worth $643,000 after buying an additional 118 shares in the last quarter. Orion Portfolio Solutions LLC boosted its stake in Goldman Sachs Access Treasury 0-1 Year ETF by 2.3% during the third quarter. Orion Portfolio Solutions LLC now owns 5,490 shares of the company’s stock valued at $551,000 after buying an additional 122 shares during the last quarter. Finally, Salvus Wealth Management LLC grew its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 1.0% during the 4th quarter. Salvus Wealth Management LLC now owns 14,992 shares of the company’s stock valued at $1,498,000 after buying an additional 150 shares in the last quarter.

About Goldman Sachs Access Treasury 0-1 Year ETF

The Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury securities with less than one year remaining in maturity. GBIL was launched on Sep 6, 2016 and is managed by Goldman Sachs.