Short Interest in Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) Decreases By 35.2%

Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 15,468 shares, a decline of 35.2% from the August 15th total of 23,867 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 72,824 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GTIP. Western Wealth Management LLC acquired a new position in shares of Goldman Sachs Access Inflation Protected USD Bond ETF during the first quarter valued at $34,000. Cornerstone Planning Group LLC acquired a new stake in Goldman Sachs Access Inflation Protected USD Bond ETF in the first quarter worth about $43,000. Global Retirement Partners LLC lifted its holdings in Goldman Sachs Access Inflation Protected USD Bond ETF by 7.5% in the fourth quarter. Global Retirement Partners LLC now owns 3,406 shares of the company’s stock worth $167,000 after purchasing an additional 237 shares during the period. Beacon Financial Advisory LLC bought a new position in Goldman Sachs Access Inflation Protected USD Bond ETF in the 2nd quarter valued at about $209,000. Finally, Sanctuary Advisors LLC grew its position in Goldman Sachs Access Inflation Protected USD Bond ETF by 17.8% in the 1st quarter. Sanctuary Advisors LLC now owns 5,444 shares of the company’s stock valued at $269,000 after buying an additional 824 shares in the last quarter.

Goldman Sachs Access Inflation Protected USD Bond ETF Price Performance

Shares of GTIP stock opened at $47.10 on Friday. Goldman Sachs Access Inflation Protected USD Bond ETF has a 12-month low of $46.94 and a 12-month high of $50.30. The business has a 50 day simple moving average of $47.71 and a 200 day simple moving average of $48.72.

Goldman Sachs Access Inflation Protected USD Bond ETF Company Profile

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.