Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) Short Interest Down 74.9% in July

Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 11,329 shares, a drop of 74.9% from the June 30th total of 45,135 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 35,040 shares, the days-to-cover ratio is presently 0.3 days.

Goldman Sachs Access Inflation Protected USD Bond ETF Price Performance

Shares of Goldman Sachs Access Inflation Protected USD Bond ETF stock opened at $47.90 on Monday. The company has a 50-day simple moving average of $48.69 and a two-hundred day simple moving average of $49.24. Goldman Sachs Access Inflation Protected USD Bond ETF has a 52-week low of $47.86 and a 52-week high of $50.32.

Hedge Funds Weigh In On Goldman Sachs Access Inflation Protected USD Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in Goldman Sachs Access Inflation Protected USD Bond ETF by 12.5% in the 4th quarter. LPL Financial LLC now owns 823,921 shares of the company’s stock worth $40,479,000 after buying an additional 91,455 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 1,443.7% during the 4th quarter. Wells Fargo & Company MN now owns 55,127 shares of the company’s stock valued at $2,708,000 after acquiring an additional 51,556 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 23.3% during the 1st quarter. Cetera Investment Advisers now owns 158,831 shares of the company’s stock valued at $7,842,000 after acquiring an additional 30,010 shares during the last quarter. Keebeck Wealth Management grew its stake in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 144.6% in the first quarter. Keebeck Wealth Management now owns 43,037 shares of the company’s stock worth $2,125,000 after acquiring an additional 25,443 shares during the period. Finally, Sowell Financial Services LLC raised its holdings in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 148.2% during the fourth quarter. Sowell Financial Services LLC now owns 33,080 shares of the company’s stock valued at $1,625,000 after purchasing an additional 19,752 shares during the last quarter.

About Goldman Sachs Access Inflation Protected USD Bond ETF

The Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of off-the-run US Treasury inflation-protected securities with at least one year remaining in maturity. GTIP was launched on Oct 2, 2018 and is managed by Goldman Sachs.