Goldman Sachs Ultra Short Bond ETF $GSST Shares Bought by Kensington Asset Management LLC

Kensington Asset Management LLC increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 37.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 647,061 shares of the company’s stock after buying an additional 176,794 shares during the period. Goldman Sachs Ultra Short Bond ETF makes up approximately 2.0% of Kensington Asset Management LLC’s portfolio, making the stock its 16th biggest position. Kensington Asset Management LLC’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $32,806,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CWM LLC grew its position in Goldman Sachs Ultra Short Bond ETF by 14.9% in the 3rd quarter. CWM LLC now owns 1,189,801 shares of the company’s stock worth $60,323,000 after purchasing an additional 154,612 shares during the last quarter. Amplius Wealth Advisors LLC increased its position in Goldman Sachs Ultra Short Bond ETF by 13.1% in the 3rd quarter. Amplius Wealth Advisors LLC now owns 783,434 shares of the company’s stock valued at $39,720,000 after acquiring an additional 90,575 shares during the period. Raymond James Financial Inc. raised its stake in Goldman Sachs Ultra Short Bond ETF by 23.6% during the 2nd quarter. Raymond James Financial Inc. now owns 532,522 shares of the company’s stock valued at $26,926,000 after acquiring an additional 101,776 shares in the last quarter. Avestar Capital LLC raised its stake in Goldman Sachs Ultra Short Bond ETF by 9.2% during the 2nd quarter. Avestar Capital LLC now owns 435,277 shares of the company’s stock valued at $22,009,000 after acquiring an additional 36,808 shares in the last quarter. Finally, Patten & Patten Inc. TN boosted its position in Goldman Sachs Ultra Short Bond ETF by 9.3% during the 3rd quarter. Patten & Patten Inc. TN now owns 369,729 shares of the company’s stock worth $18,745,000 after acquiring an additional 31,315 shares during the period.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.0%

BATS GSST opened at $50.66 on Thursday. Goldman Sachs Ultra Short Bond ETF has a 12 month low of $50.25 and a 12 month high of $50.83. The company’s 50 day simple moving average is $50.59 and its 200 day simple moving average is $50.58.

Goldman Sachs Ultra Short Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1402 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%.

About Goldman Sachs Ultra Short Bond ETF

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.