Sheets Smith Wealth Management Lowers Stock Position in Goldman Sachs TreasuryAccess 0-1 Year ETF (NYSEARCA:GBIL)

Sheets Smith Wealth Management trimmed its holdings in shares of Goldman Sachs TreasuryAccess 0-1 Year ETF (NYSEARCA:GBIL) by 25.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,861 shares of the company’s stock after selling 29,337 shares during the period. Goldman Sachs TreasuryAccess 0-1 Year ETF comprises 1.1% of Sheets Smith Wealth Management’s investment portfolio, making the stock its 24th biggest holding. Sheets Smith Wealth Management owned approximately 0.16% of Goldman Sachs TreasuryAccess 0-1 Year ETF worth $8,664,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Mengis Capital Management Inc. raised its position in Goldman Sachs TreasuryAccess 0-1 Year ETF by 21.9% in the third quarter. Mengis Capital Management Inc. now owns 7,563 shares of the company’s stock worth $757,000 after acquiring an additional 1,358 shares in the last quarter. Destiny Wealth Partners LLC lifted its stake in shares of Goldman Sachs TreasuryAccess 0-1 Year ETF by 1.0% in the fourth quarter. Destiny Wealth Partners LLC now owns 56,879 shares of the company’s stock valued at $5,677,000 after purchasing an additional 573 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in Goldman Sachs TreasuryAccess 0-1 Year ETF by 16.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 28,068 shares of the company’s stock worth $2,800,000 after buying an additional 4,063 shares in the last quarter. Global Assets Advisory LLC grew its position in Goldman Sachs TreasuryAccess 0-1 Year ETF by 8.4% during the fourth quarter. Global Assets Advisory LLC now owns 11,686 shares of the company’s stock worth $1,166,000 after buying an additional 903 shares during the period. Finally, Brookstone Capital Management increased its holdings in Goldman Sachs TreasuryAccess 0-1 Year ETF by 1.5% in the fourth quarter. Brookstone Capital Management now owns 18,992 shares of the company’s stock valued at $1,894,000 after buying an additional 275 shares in the last quarter.

Goldman Sachs TreasuryAccess 0-1 Year ETF Price Performance

Shares of NYSEARCA:GBIL traded up $0.04 during trading on Friday, hitting $99.75. 443,483 shares of the stock were exchanged, compared to its average volume of 753,820. The company has a fifty day moving average price of $99.94 and a two-hundred day moving average price of $99.95. Goldman Sachs TreasuryAccess 0-1 Year ETF has a 12-month low of $99.64 and a 12-month high of $100.89.

Goldman Sachs TreasuryAccess 0-1 Year ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.3959 per share. This is an increase from Goldman Sachs TreasuryAccess 0-1 Year ETF’s previous dividend of $0.39. The ex-dividend date of this dividend was Monday, April 1st.

About Goldman Sachs TreasuryAccess 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.