Goldman Sachs Ultra Short Bond ETF $GSST Shares Acquired by Fortis Capital Management LLC

Fortis Capital Management LLC increased its stake in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 355.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 204,777 shares of the company’s stock after purchasing an additional 159,798 shares during the period. Goldman Sachs Ultra Short Bond ETF accounts for 1.1% of Fortis Capital Management LLC’s portfolio, making the stock its 18th largest position. Fortis Capital Management LLC owned approximately 1.13% of Goldman Sachs Ultra Short Bond ETF worth $10,351,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Brookwood Investment Group LLC acquired a new stake in shares of Goldman Sachs Ultra Short Bond ETF in the 4th quarter worth about $1,008,000. UBS Group AG boosted its position in shares of Goldman Sachs Ultra Short Bond ETF by 31.5% during the fourth quarter. UBS Group AG now owns 565,257 shares of the company’s stock worth $28,529,000 after buying an additional 135,510 shares during the period. Redhawk Wealth Advisors Inc. bought a new position in Goldman Sachs Ultra Short Bond ETF in the 4th quarter worth approximately $12,698,000. CWM LLC grew its holdings in Goldman Sachs Ultra Short Bond ETF by 4.4% in the 4th quarter. CWM LLC now owns 1,242,300 shares of the company’s stock worth $62,699,000 after buying an additional 52,499 shares in the last quarter. Finally, Steel Grove Capital Advisors LLC increased its position in Goldman Sachs Ultra Short Bond ETF by 75.3% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 193,017 shares of the company’s stock valued at $9,742,000 after acquiring an additional 82,913 shares during the period.

Goldman Sachs Ultra Short Bond ETF Stock Performance

GSST opened at $50.50 on Wednesday. The stock’s 50 day moving average price is $50.49 and its 200 day moving average price is $50.52. Goldman Sachs Ultra Short Bond ETF has a 12 month low of $50.35 and a 12 month high of $50.83.

Goldman Sachs Ultra Short Bond ETF Company 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.