Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) Stock Short Interest Falls 48.5%

Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 30,744 shares, a decline of 48.5% from the September 15th total of 59,734 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily volume of 41,404 shares, the days-to-cover ratio is currently 0.7 days.

Goldman Sachs Access Inflation Protected USD Bond ETF Trading Up 0.0%

BATS:GTIP opened at $46.48 on Wednesday. The company’s 50-day moving average is $47.18 and its two-hundred day moving average is $48.32. Goldman Sachs Access Inflation Protected USD Bond ETF has a 1-year low of $46.15 and a 1-year high of $50.30.

Institutional Trading of Goldman Sachs Access Inflation Protected USD Bond ETF

Several institutional investors have recently made changes to their positions in GTIP. Western Wealth Management LLC acquired a new position in Goldman Sachs Access Inflation Protected USD Bond ETF in the first quarter valued at approximately $34,000. Cornerstone Planning Group LLC purchased a new position in Goldman Sachs Access Inflation Protected USD Bond ETF in the first quarter worth approximately $43,000. Beacon Financial Advisory LLC acquired a new stake in Goldman Sachs Access Inflation Protected USD Bond ETF during the second quarter worth $209,000. Sanctuary Advisors LLC increased its stake in Goldman Sachs Access Inflation Protected USD Bond ETF by 17.8% during the first quarter. Sanctuary Advisors LLC now owns 5,444 shares of the company’s stock worth $269,000 after acquiring an additional 824 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Goldman Sachs Access Inflation Protected USD Bond ETF during the first quarter worth $281,000.

About Goldman Sachs Access Inflation Protected USD Bond ETF

The Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of off-the-run US Treasury inflation-protected securities with at least one year remaining in maturity. GTIP was launched on Oct 2, 2018 and is managed by Goldman Sachs.