Kensington Asset Management LLC Has $41.41 Million Stock Holdings in Goldman Sachs Ultra Short Bond ETF $GSST

Kensington Asset Management LLC boosted its stake in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 15.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 819,238 shares of the company’s stock after purchasing an additional 110,264 shares during the quarter. Goldman Sachs Ultra Short Bond ETF comprises approximately 1.9% of Kensington Asset Management LLC’s investment portfolio, making the stock its 15th biggest position. Kensington Asset Management LLC owned about 4.50% of Goldman Sachs Ultra Short Bond ETF worth $41,412,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. AlphaCore Capital LLC bought a new position in shares of Goldman Sachs Ultra Short Bond ETF in the fourth quarter valued at about $33,000. Graney & King LLC bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the 1st quarter worth about $82,000. Wagner Wealth Management LLC boosted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 20.9% during the 4th quarter. Wagner Wealth Management LLC now owns 1,713 shares of the company’s stock worth $86,000 after buying an additional 296 shares during the period. EverSource Wealth Advisors LLC grew its stake in Goldman Sachs Ultra Short Bond ETF by 214,200.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,143 shares of the company’s stock valued at $108,000 after buying an additional 2,142 shares during the last quarter. Finally, Private Trust Co. NA grew its stake in Goldman Sachs Ultra Short Bond ETF by 66.1% in the 4th quarter. Private Trust Co. NA now owns 2,491 shares of the company’s stock valued at $126,000 after buying an additional 991 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Price Performance

Goldman Sachs Ultra Short Bond ETF stock opened at $50.56 on Friday. Goldman Sachs Ultra Short Bond ETF has a twelve month low of $50.35 and a twelve month high of $50.83. The company’s 50-day moving average price is $50.49 and its two-hundred day moving average price is $50.52.

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.