Probably the flapper valve as rocknfire says. Even though I have the 6.2L, I have the same squeak, so I took mine into the dealer and their comment was 'some do it some don't' and the official reply on my service invoice was "no problem found road tested veh could not duplicate cust concern'. Even though I can hear it squeak whenever it goes from V4 to V8 every time. Dealer told me that if they get a fix for it, they will let me know, but as of now, there is nothing they can do. Hope GM addresses it soon though, I know it doesn't hurt anything, but just annoying on a nearly $60K truck.