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

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) saw unusually-strong trading volume on Thursday . Approximately 3,077,473 shares changed hands during trading, an increase of 236% from the previous session’s volume of 915,728 shares.The stock last traded at $100.1150 and had previously closed at $100.11.

Goldman Sachs Access Treasury 0-1 Year ETF Price Performance

The company has a 50-day simple moving average of $100.08 and a two-hundred day simple moving average of $100.06.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 0.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 85,385 shares of the company’s stock worth $8,527,000 after purchasing an additional 295 shares during the last quarter. Blueprint Financial Advisors LLC purchased a new position in Goldman Sachs Access Treasury 0-1 Year ETF in the second quarter valued at approximately $6,401,000. Sage Rhino Capital LLC grew its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 39.8% during the second quarter. Sage Rhino Capital LLC now owns 183,149 shares of the company’s stock valued at $18,342,000 after purchasing an additional 52,182 shares during the period. Archvest Wealth Advisors Inc. increased its position in Goldman Sachs Access Treasury 0-1 Year ETF by 11.2% in the second quarter. Archvest Wealth Advisors Inc. now owns 9,121 shares of the company’s stock worth $913,000 after buying an additional 916 shares during the last quarter. Finally, Canal Capital Management LLC bought a new stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF in the second quarter valued at $1,124,000.

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.