Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Hits New 1-Year High – Time to Buy?

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL)’s stock price reached a new 52-week high on Friday . The company traded as high as $100.24 and last traded at $100.2350, with a volume of 44819 shares trading hands. The stock had previously closed at $100.21.

Goldman Sachs Access Treasury 0-1 Year ETF Stock Performance

The stock has a 50-day moving average price of $100.08 and a two-hundred day moving average price of $100.05.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in GBIL. Texas Capital Bancshares Inc TX acquired a new stake in Goldman Sachs Access Treasury 0-1 Year ETF during the 3rd quarter worth $32,000. Hantz Financial Services Inc. acquired a new stake in Goldman Sachs Access Treasury 0-1 Year ETF in the 3rd quarter valued at $33,000. Cape Investment Advisory Inc. bought a new position in Goldman Sachs Access Treasury 0-1 Year ETF during the first quarter worth $48,000. MAI Capital Management raised its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 9,800.0% during the 3rd quarter. MAI Capital Management now owns 495 shares of the company’s stock worth $50,000 after buying an additional 490 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF during the third quarter worth approximately $51,000.

Goldman Sachs Access Treasury 0-1 Year ETF Company Profile

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.