Everest Management Corp. Invests $803,000 in Goldman Sachs Ultra Short Bond ETF (BATS:GSST)

Everest Management Corp. bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,987 shares of the company’s stock, valued at approximately $803,000. Goldman Sachs Ultra Short Bond ETF accounts for 0.7% of Everest Management Corp.’s portfolio, making the stock its 23rd biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC lifted its position in Goldman Sachs Ultra Short Bond ETF by 11.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 28,564 shares of the company’s stock valued at $1,434,000 after purchasing an additional 2,855 shares during the last quarter. Principal Securities Inc. increased its stake in shares of Goldman Sachs Ultra Short Bond ETF by 30.7% in the fourth quarter. Principal Securities Inc. now owns 16,372 shares of the company’s stock worth $822,000 after buying an additional 3,843 shares during the period. Janney Montgomery Scott LLC raised its holdings in Goldman Sachs Ultra Short Bond ETF by 21.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 6,036 shares of the company’s stock valued at $303,000 after buying an additional 1,047 shares during the last quarter. Private Advisor Group LLC boosted its position in Goldman Sachs Ultra Short Bond ETF by 28.4% during the 4th quarter. Private Advisor Group LLC now owns 10,107 shares of the company’s stock valued at $507,000 after buying an additional 2,238 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Goldman Sachs Ultra Short Bond ETF in the 4th quarter worth $9,776,000.

Goldman Sachs Ultra Short Bond ETF Stock Performance

GSST stock opened at $50.37 on Wednesday. The firm’s 50-day moving average price is $50.42 and its two-hundred day moving average price is $50.39. Goldman Sachs Ultra Short Bond ETF has a 12-month low of $50.05 and a 12-month high of $50.67.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were issued a dividend of $0.184 per share. The ex-dividend date was Monday, March 3rd. This is an increase from Goldman Sachs Ultra Short Bond ETF’s previous dividend of $0.18.

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.