Goldman Sachs TreasuryAccess 0-1 Year ETF (NYSEARCA:GBIL) Reaches New 1-Year High at $100.89

Goldman Sachs TreasuryAccess 0-1 Year ETF (NYSEARCA:GBIL)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $100.89 and last traded at $100.89, with a volume of 614748 shares trading hands. The stock had previously closed at $100.13.

Goldman Sachs TreasuryAccess 0-1 Year ETF Price Performance

The firm’s 50 day moving average price is $99.96 and its 200-day moving average price is $99.94.

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

Several hedge funds have recently added to or reduced their stakes in the stock. Exchange Traded Concepts LLC bought a new position in Goldman Sachs TreasuryAccess 0-1 Year ETF during the 3rd quarter worth approximately $365,696,000. ACR Alpine Capital Research LLC grew its position in shares of Goldman Sachs TreasuryAccess 0-1 Year ETF by 95.6% in the 4th quarter. ACR Alpine Capital Research LLC now owns 3,382,758 shares of the company’s stock valued at $337,396,000 after purchasing an additional 1,653,211 shares during the period. Morgan Stanley increased its stake in Goldman Sachs TreasuryAccess 0-1 Year ETF by 34.5% during the 4th quarter. Morgan Stanley now owns 4,770,700 shares of the company’s stock worth $475,687,000 after purchasing an additional 1,222,834 shares in the last quarter. Miracle Mile Advisors LLC raised its holdings in Goldman Sachs TreasuryAccess 0-1 Year ETF by 38.4% during the 3rd quarter. Miracle Mile Advisors LLC now owns 2,419,133 shares of the company’s stock worth $242,179,000 after buying an additional 671,409 shares during the period. Finally, CI Private Wealth LLC bought a new position in Goldman Sachs TreasuryAccess 0-1 Year ETF in the fourth quarter valued at approximately $51,463,000.

About Goldman Sachs TreasuryAccess 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.