Redhawk Wealth Advisors Inc. Trims Stake in Goldman Sachs Ultra Short Bond ETF $GSST

Redhawk Wealth Advisors Inc. cut its holdings in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 62.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 87,691 shares of the company’s stock after selling 144,829 shares during the period. Redhawk Wealth Advisors Inc. owned 0.48% of Goldman Sachs Ultra Short Bond ETF worth $4,435,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of GSST. UBS Group AG increased its stake in shares of Goldman Sachs Ultra Short Bond ETF by 6,537.0% in the 3rd quarter. UBS Group AG now owns 429,747 shares of the company’s stock worth $21,788,000 after purchasing an additional 423,272 shares in the last quarter. Morgan Stanley raised its holdings in Goldman Sachs Ultra Short Bond ETF by 16.1% in the 4th quarter. Morgan Stanley now owns 2,385,447 shares of the company’s stock worth $120,394,000 after purchasing an additional 331,513 shares during the period. One Capital Management LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF during the fourth quarter valued at $16,437,000. Andrews Advisory Associates LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF during the fourth quarter valued at $16,373,000. Finally, LPL Financial LLC grew its holdings in Goldman Sachs Ultra Short Bond ETF by 29.8% during the fourth quarter. LPL Financial LLC now owns 1,358,155 shares of the company’s stock valued at $68,546,000 after purchasing an additional 311,469 shares during the period.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Shares of GSST opened at $50.44 on Tuesday. The business has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.51. Goldman Sachs Ultra Short Bond ETF has a 52 week low of $50.37 and a 52 week 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.