Goldman Sachs Ultra Short Bond ETF $GSST Stake Boosted by Mainstream Capital Management LLC

Mainstream Capital Management LLC increased its holdings in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 264.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,161 shares of the company’s stock after purchasing an additional 91,541 shares during the period. Goldman Sachs Ultra Short Bond ETF makes up 4.2% of Mainstream Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding. Mainstream Capital Management LLC’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $6,367,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of GSST. CWM LLC lifted its position in Goldman Sachs Ultra Short Bond ETF by 14.9% during the 3rd quarter. CWM LLC now owns 1,189,801 shares of the company’s stock worth $60,323,000 after acquiring an additional 154,612 shares during the last quarter. Amplius Wealth Advisors LLC increased its stake in Goldman Sachs Ultra Short Bond ETF by 0.5% in the fourth quarter. Amplius Wealth Advisors LLC now owns 787,192 shares of the company’s stock valued at $39,730,000 after acquiring an additional 3,758 shares during the period. Raymond James Financial Inc. grew its stake in Goldman Sachs Ultra Short Bond ETF by 46.7% during the third quarter. Raymond James Financial Inc. now owns 781,136 shares of the company’s stock worth $39,604,000 after buying an additional 248,614 shares during the last quarter. Kensington Asset Management LLC grew its stake in Goldman Sachs Ultra Short Bond ETF by 37.6% during the third quarter. Kensington Asset Management LLC now owns 647,061 shares of the company’s stock worth $32,806,000 after buying an additional 176,794 shares during the last quarter. Finally, Focus Partners Wealth grew its stake in Goldman Sachs Ultra Short Bond ETF by 18.7% during the third quarter. Focus Partners Wealth now owns 622,789 shares of the company’s stock worth $31,575,000 after buying an additional 98,018 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Price Performance

GSST opened at $50.43 on Thursday. Goldman Sachs Ultra Short Bond ETF has a one year low of $50.25 and a one year high of $50.83. The company’s 50 day simple moving average is $50.54 and its 200-day simple moving average is $50.56.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a $0.162 dividend. This is an increase from Goldman Sachs Ultra Short Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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.