Redhawk Wealth Advisors Inc. Buys Shares of 251,592 Goldman Sachs Ultra Short Bond ETF $GSST

Redhawk Wealth Advisors Inc. purchased a new stake in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) during the fourth quarter, Holdings Channel.com reports. The firm purchased 251,592 shares of the company’s stock, valued at approximately $12,698,000. Goldman Sachs Ultra Short Bond ETF comprises 1.4% of Redhawk Wealth Advisors Inc.’s portfolio, making the stock its 12th biggest position.

Several other large investors have also recently made changes to their positions in the stock. Bristlecone Advisors LLC grew its stake in Goldman Sachs Ultra Short Bond ETF by 7.1% in the third quarter. Bristlecone Advisors LLC now owns 156,676 shares of the company’s stock valued at $7,943,000 after purchasing an additional 10,422 shares during the last quarter. Avalon Capital Management lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 51.8% during the third quarter. Avalon Capital Management now owns 184,039 shares of the company’s stock valued at $9,331,000 after buying an additional 62,800 shares during the last quarter. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the third quarter valued at about $1,287,000. Avestar Capital LLC boosted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 9.2% in the 2nd quarter. Avestar Capital LLC now owns 435,277 shares of the company’s stock valued at $22,009,000 after buying an additional 36,808 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 4,209.9% in the 3rd quarter. Global Retirement Partners LLC now owns 20,429 shares of the company’s stock valued at $1,036,000 after buying an additional 19,955 shares in the last quarter.

Goldman Sachs Ultra Short Bond ETF Stock Up 0.1%

Shares of Goldman Sachs Ultra Short Bond ETF stock opened at $50.51 on Friday. The firm’s 50 day moving average price is $50.57 and its 200-day moving average price is $50.57. Goldman Sachs Ultra Short Bond ETF has a 52-week low of $50.25 and a 52-week high of $50.83.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were issued a $0.162 dividend. This is an increase from Goldman Sachs Ultra Short Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, March 2nd.

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.