Kensington Asset Management LLC Makes New $23.78 Million Investment in Goldman Sachs Ultra Short Bond ETF $GSST

Kensington Asset Management LLC purchased a new stake in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 470,267 shares of the company’s stock, valued at approximately $23,779,000. Goldman Sachs Ultra Short Bond ETF makes up approximately 1.8% of Kensington Asset Management LLC’s investment portfolio, making the stock its 12th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GSST. Financial Gravity Companies Inc. purchased a new stake in Goldman Sachs Ultra Short Bond ETF during the 2nd quarter valued at $25,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF in the first quarter worth $29,000. Private Trust Co. NA bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF in the second quarter worth $76,000. GPS Wealth Strategies Group LLC increased its position in Goldman Sachs Ultra Short Bond ETF by 58.8% during the second quarter. GPS Wealth Strategies Group LLC now owns 2,079 shares of the company’s stock valued at $105,000 after acquiring an additional 770 shares during the last quarter. Finally, Comerica Bank lifted its holdings in Goldman Sachs Ultra Short Bond ETF by 13.2% in the first quarter. Comerica Bank now owns 4,363 shares of the company’s stock valued at $221,000 after acquiring an additional 509 shares during the period.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Goldman Sachs Ultra Short Bond ETF stock opened at $50.58 on Thursday. Goldman Sachs Ultra Short Bond ETF has a 52-week low of $50.21 and a 52-week high of $50.67. The business has a 50-day simple moving average of $50.58 and a two-hundred day simple moving average of $50.51.

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.