Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Sets New 52-Week High – Still a Buy?

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) shares hit a new 52-week high during mid-day trading on Friday . The company 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 Trading Up 0.0%

The firm has a 50-day simple moving average of $100.08 and a two-hundred day simple moving average of $100.05.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Texas Capital Bancshares Inc TX bought a new stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF during the 3rd quarter worth $32,000. Hantz Financial Services Inc. acquired a new stake in Goldman Sachs Access Treasury 0-1 Year ETF during the 3rd quarter valued at $33,000. Cape Investment Advisory Inc. bought a new position in shares of Goldman Sachs Access Treasury 0-1 Year ETF in the 1st quarter valued at about $48,000. MAI Capital Management raised its stake in Goldman Sachs Access Treasury 0-1 Year ETF by 9,800.0% during the 3rd quarter. MAI Capital Management now owns 495 shares of the company’s stock worth $50,000 after buying an additional 490 shares during the period. Finally, Mather Group LLC. bought a new stake in Goldman Sachs Access Treasury 0-1 Year ETF in the 3rd quarter valued at approximately $51,000.

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.