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

Shares of Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) saw an uptick in trading volume on Friday . 485,255 shares traded hands during mid-day trading, a decline of 24% from the previous session’s volume of 638,836 shares.The stock last traded at $100.18 and had previously closed at $100.14.

Goldman Sachs Access Treasury 0-1 Year ETF Stock Performance

The company’s 50 day moving average price is $100.02 and its two-hundred day moving average price is $100.04.

Institutional Trading of Goldman Sachs Access Treasury 0-1 Year ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of GBIL. BridgePort Financial Solutions LLC purchased a new position in shares of Goldman Sachs Access Treasury 0-1 Year ETF during the 4th quarter valued at about $1,918,000. B. Riley Wealth Advisors Inc. raised its stake in Goldman Sachs Access Treasury 0-1 Year ETF by 12.5% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 88,902 shares of the company’s stock worth $8,919,000 after acquiring an additional 9,909 shares during the period. Helium Advisors LLC bought a new stake in Goldman Sachs Access Treasury 0-1 Year ETF during the 4th quarter worth approximately $10,234,000. Waverly Advisors LLC purchased a new position in Goldman Sachs Access Treasury 0-1 Year ETF during the fourth quarter valued at approximately $550,000. Finally, Tidal Investments LLC bought a new position in shares of Goldman Sachs Access Treasury 0-1 Year ETF in the fourth quarter worth approximately $1,011,000.

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.