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

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) shares saw an uptick in trading volume on Thursday . 708,442 shares traded hands during trading, a decline of 23% from the previous session’s volume of 917,466 shares.The stock last traded at $99.98 and had previously closed at $99.96.

Goldman Sachs Access Treasury 0-1 Year ETF Stock Performance

The business has a fifty day moving average of $100.05 and a 200-day moving average of $100.07.

Goldman Sachs Access Treasury 0-1 Year ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 1.2% during the fourth quarter. Blue Trust Inc. now owns 8,608 shares of the company’s stock worth $860,000 after acquiring an additional 100 shares during the period. Cape Investment Advisory Inc. grew its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 22.1% during the third quarter. Cape Investment Advisory Inc. now owns 558 shares of the company’s stock worth $56,000 after acquiring an additional 101 shares during the period. Savvy Advisors Inc. boosted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 2.6% in the 4th quarter. Savvy Advisors Inc. now owns 4,120 shares of the company’s stock valued at $412,000 after purchasing an additional 105 shares during the period. Synovus Financial Corp boosted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 1.8% in the 3rd quarter. Synovus Financial Corp now owns 6,415 shares of the company’s stock valued at $643,000 after purchasing an additional 112 shares during the period. Finally, Tradition Wealth Management LLC boosted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 2.3% in the 4th quarter. Tradition Wealth Management LLC now owns 5,114 shares of the company’s stock valued at $511,000 after purchasing an additional 114 shares during the period.

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.