GPS Wealth Strategies Group LLC Increases Stake in Goldman Sachs Ultra Short Bond ETF $GSST

GPS Wealth Strategies Group LLC grew its position in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 383.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,598 shares of the company’s stock after acquiring an additional 15,542 shares during the quarter. Goldman Sachs Ultra Short Bond ETF comprises about 0.8% of GPS Wealth Strategies Group LLC’s portfolio, making the stock its 29th largest position. GPS Wealth Strategies Group LLC owned 0.11% of Goldman Sachs Ultra Short Bond ETF worth $989,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in GSST. UBS Group AG raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 6,537.0% in the third quarter. UBS Group AG now owns 429,747 shares of the company’s stock valued at $21,788,000 after acquiring an additional 423,272 shares during the period. Redhawk Wealth Advisors Inc. purchased a new stake in shares of Goldman Sachs Ultra Short Bond ETF in the fourth quarter valued at $12,698,000. Raymond James Financial Inc. raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 46.7% in the third quarter. Raymond James Financial Inc. now owns 781,136 shares of the company’s stock valued at $39,604,000 after acquiring an additional 248,614 shares during the period. Kensington Asset Management LLC raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 37.6% in the third quarter. Kensington Asset Management LLC now owns 647,061 shares of the company’s stock valued at $32,806,000 after acquiring an additional 176,794 shares during the period. Finally, Frazier Financial Advisors LLC raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 163.4% in the third quarter. Frazier Financial Advisors LLC now owns 208,445 shares of the company’s stock valued at $10,568,000 after acquiring an additional 129,321 shares during the period.

Goldman Sachs Ultra Short Bond ETF Stock Performance

BATS GSST opened at $50.53 on Friday. The company’s 50-day moving average price is $50.49 and its 200-day moving average price is $50.55. Goldman Sachs Ultra Short Bond ETF has a 12 month low of $50.29 and a 12 month high of $50.83.

Goldman Sachs Ultra Short Bond ETF Profile

The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.