UBS Group AG Increases Holdings in Goldman Sachs Ultra Short Bond ETF $GSST

UBS Group AG grew its holdings in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 31.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 565,257 shares of the company’s stock after buying an additional 135,510 shares during the quarter. UBS Group AG’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $28,529,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in GSST. Redhawk Wealth Advisors Inc. purchased a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the 4th quarter valued at about $12,698,000. Raymond James Financial Inc. raised its position in shares of Goldman Sachs Ultra Short Bond ETF by 46.7% during the 3rd quarter. Raymond James Financial Inc. now owns 781,136 shares of the company’s stock valued at $39,604,000 after buying an additional 248,614 shares in the last quarter. Kensington Asset Management LLC raised its position in shares of Goldman Sachs Ultra Short Bond ETF by 37.6% during the 3rd quarter. Kensington Asset Management LLC now owns 647,061 shares of the company’s stock valued at $32,806,000 after buying an additional 176,794 shares in the last quarter. Frazier Financial Advisors LLC raised its position in shares of Goldman Sachs Ultra Short Bond ETF by 163.4% during the 3rd quarter. Frazier Financial Advisors LLC now owns 208,445 shares of the company’s stock valued at $10,568,000 after buying an additional 129,321 shares in the last quarter. Finally, Focus Partners Wealth raised its position in shares of Goldman Sachs Ultra Short Bond ETF by 18.7% during the 3rd quarter. Focus Partners Wealth now owns 622,789 shares of the company’s stock valued at $31,575,000 after buying an additional 98,018 shares in the last quarter.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Shares of BATS GSST opened at $50.47 on Friday. The firm’s 50-day moving average price is $50.51 and its 200-day moving average price is $50.56. Goldman Sachs Ultra Short Bond ETF has a 12-month low of $50.27 and a 12-month high of $50.83.

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.