Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Reaches New 52-Week High – Should You Buy?

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $100.24 and last traded at $100.2350, with a volume of 44819 shares. The stock had previously closed at $100.21.

Goldman Sachs Access Treasury 0-1 Year ETF Stock Performance

The business has a 50 day moving average price of $100.09 and a 200-day moving average price of $100.05.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Texas Capital Bancshares Inc TX bought a new position in Goldman Sachs Access Treasury 0-1 Year ETF during the 3rd quarter valued at $32,000. Hantz Financial Services Inc. acquired a new stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF during the third quarter worth $33,000. Cape Investment Advisory Inc. purchased a new stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF during the first quarter valued at $48,000. MAI Capital Management boosted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 9,800.0% in the 3rd quarter. MAI Capital Management now owns 495 shares of the company’s stock valued at $50,000 after purchasing an additional 490 shares during the period. Finally, Mather Group LLC. acquired a new position in shares of Goldman Sachs Access Treasury 0-1 Year ETF in the 3rd quarter valued at $51,000.

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.