NewEdge Advisors LLC Reduces Stock Position in Goldman Sachs Ultra Short Bond ETF $GSST

NewEdge Advisors LLC cut its holdings in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 61.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,978 shares of the company’s stock after selling 48,994 shares during the period. NewEdge Advisors LLC’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $1,566,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. AlphaCore Capital LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF in the fourth quarter worth about $33,000. Graney & King LLC bought a new stake in Goldman Sachs Ultra Short Bond ETF during the first quarter worth approximately $82,000. Wagner Wealth Management LLC raised its position in Goldman Sachs Ultra Short Bond ETF by 20.9% during the fourth quarter. Wagner Wealth Management LLC now owns 1,713 shares of the company’s stock valued at $86,000 after purchasing an additional 296 shares during the period. EverSource Wealth Advisors LLC raised its position in Goldman Sachs Ultra Short Bond ETF by 214,200.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,143 shares of the company’s stock valued at $108,000 after purchasing an additional 2,142 shares during the period. Finally, Private Trust Co. NA lifted its stake in shares of 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 purchasing an additional 991 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Shares of Goldman Sachs Ultra Short Bond ETF stock opened at $50.56 on Friday. The stock has a 50 day moving average price of $50.49 and a 200-day moving average price of $50.52. Goldman Sachs Ultra Short Bond ETF has a one year low of $50.35 and a one year 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.