Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Hits New 1-Year Low – Should You Sell?

Shares of Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) reached a new 52-week low during trading on Thursday. The stock traded as low as $99.82 and last traded at $99.8250, with a volume of 69837 shares changing hands. The stock had previously closed at $100.11.

Goldman Sachs Access Treasury 0-1 Year ETF Price Performance

The business has a fifty day moving average of $100.03 and a 200 day moving average of $100.04.

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

Several large investors have recently modified their holdings of GBIL. Tradition Wealth Management LLC grew its holdings in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 2.3% during the 4th quarter. Tradition Wealth Management LLC now owns 5,114 shares of the company’s stock worth $511,000 after purchasing an additional 114 shares during the period. Bravias Capital Group LLC raised its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 1.5% in the 1st quarter. Bravias Capital Group LLC now owns 8,020 shares of the company’s stock valued at $804,000 after buying an additional 122 shares during the period. Lodestar Private Asset Management LLC lifted its position in Goldman Sachs Access Treasury 0-1 Year ETF by 4.5% in the first quarter. Lodestar Private Asset Management LLC now owns 4,073 shares of the company’s stock valued at $408,000 after buying an additional 176 shares during the last quarter. CGN Advisors LLC lifted its position in Goldman Sachs Access Treasury 0-1 Year ETF by 6.3% in the second quarter. CGN Advisors LLC now owns 3,192 shares of the company’s stock valued at $320,000 after buying an additional 189 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in Goldman Sachs Access Treasury 0-1 Year ETF by 129.1% during the first quarter. Parallel Advisors LLC now owns 362 shares of the company’s stock worth $36,000 after buying an additional 204 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.