NewEdge Advisors LLC Sells 48,994 Shares of Goldman Sachs Ultra Short Bond ETF $GSST

NewEdge Advisors LLC lowered its stake in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 61.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,978 shares of the company’s stock after selling 48,994 shares during the quarter. NewEdge Advisors LLC owned about 0.17% of Goldman Sachs Ultra Short Bond ETF worth $1,566,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. UBS Group AG increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 6,537.0% in the third quarter. UBS Group AG now owns 429,747 shares of the company’s stock worth $21,788,000 after purchasing an additional 423,272 shares during the last quarter. Morgan Stanley boosted its stake in Goldman Sachs Ultra Short Bond ETF by 16.1% during the fourth quarter. Morgan Stanley now owns 2,385,447 shares of the company’s stock valued at $120,394,000 after buying an additional 331,513 shares during the last quarter. One Capital Management LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF during the 4th quarter valued at approximately $16,437,000. Andrews Advisory Associates LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF during the 4th quarter valued at approximately $16,373,000. Finally, LPL Financial LLC increased its stake in Goldman Sachs Ultra Short Bond ETF by 29.8% in the 4th quarter. LPL Financial LLC now owns 1,358,155 shares of the company’s stock worth $68,546,000 after acquiring an additional 311,469 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Price Performance

Shares of GSST opened at $50.56 on Friday. Goldman Sachs Ultra Short Bond ETF has a 1 year low of $50.35 and a 1 year high of $50.83. The business’s 50 day simple moving average is $50.49 and its 200-day simple moving average is $50.52.

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.