Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Sees Significant Growth in Short Interest

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 277,946 shares, an increase of 86.3% from the February 26th total of 149,179 shares. Based on an average daily volume of 959,951 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GBIL. Valeo Financial Advisors LLC purchased a new stake in Goldman Sachs Access Treasury 0-1 Year ETF during the 2nd quarter worth approximately $41,071,000. ACR Alpine Capital Research LLC grew its stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 70.2% in the fourth quarter. ACR Alpine Capital Research LLC now owns 8,115,451 shares of the company’s stock worth $811,058,000 after acquiring an additional 3,346,794 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 87.9% during the fourth quarter. Wealthfront Advisers LLC now owns 1,319,398 shares of the company’s stock worth $131,861,000 after acquiring an additional 617,174 shares during the period. Oppenheimer Asset Management Inc. increased its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 38.7% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 1,667,225 shares of the company’s stock worth $166,622,000 after acquiring an additional 464,863 shares during the period. Finally, Betterment LLC raised its stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 4.0% in the fourth quarter. Betterment LLC now owns 5,862,171 shares of the company’s stock valued at $585,865,000 after acquiring an additional 222,981 shares in the last quarter.

Goldman Sachs Access Treasury 0-1 Year ETF Stock Up 0.0%

GBIL stock traded up $0.05 on Friday, hitting $100.16. 1,655,665 shares of the company’s stock were exchanged, compared to its average volume of 907,603. The firm has a 50 day moving average price of $100.07 and a two-hundred day moving average price of $100.07. Goldman Sachs Access Treasury 0-1 Year ETF has a 12-month low of $99.82 and a 12-month high of $100.26.

Goldman Sachs Access Treasury 0-1 Year ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.2747 per share. This represents a c) dividend on an annualized basis and a yield of 3.3%. This is a boost from Goldman Sachs Access Treasury 0-1 Year ETF’s previous monthly dividend of $0.27. The ex-dividend date was Monday, March 2nd.

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.