Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) Stock Short Interest Report for September

Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 30,744 shares, a drop 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 Stock Performance

Shares of GTIP opened at $46.79 on Friday. Goldman Sachs Access Inflation Protected USD Bond ETF has a 12-month low of $46.15 and a 12-month high of $50.30. The company’s 50-day moving average price is $47.14 and its 200 day moving average price is $48.29.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its position in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 12.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,164,042 shares of the company’s stock valued at $56,863,000 after acquiring an additional 126,578 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 4.5% in the 1st quarter. Private Advisor Group LLC now owns 225,714 shares of the company’s stock valued at $11,144,000 after acquiring an additional 9,814 shares during the period. Cetera Investment Advisers raised its stake in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 23.3% in the 1st quarter. Cetera Investment Advisers now owns 158,831 shares of the company’s stock valued at $7,842,000 after acquiring an additional 30,010 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 13.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 120,623 shares of the company’s stock worth $5,892,000 after acquiring an additional 14,653 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC lifted its holdings in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 62.8% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 46,441 shares of the company’s stock worth $2,293,000 after acquiring an additional 17,922 shares during the last quarter.

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.