Kensington Asset Management LLC Grows Holdings in Goldman Sachs Ultra Short Bond ETF $GSST

Kensington Asset Management LLC boosted its stake in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 37.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 647,061 shares of the company’s stock after acquiring an additional 176,794 shares during the quarter. Goldman Sachs Ultra Short Bond ETF comprises 2.0% of Kensington Asset Management LLC’s investment portfolio, making the stock its 16th biggest holding. Kensington Asset Management LLC owned 3.56% of Goldman Sachs Ultra Short Bond ETF worth $32,806,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bristlecone Advisors LLC increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 10.4% in the 2nd quarter. Bristlecone Advisors LLC now owns 146,254 shares of the company’s stock valued at $7,395,000 after purchasing an additional 13,807 shares in the last quarter. Assetmark Inc. acquired a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the second quarter valued at $369,000. Adell Harriman & Carpenter Inc. grew its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 23.7% during the second quarter. Adell Harriman & Carpenter Inc. now owns 122,252 shares of the company’s stock worth $6,182,000 after buying an additional 23,450 shares in the last quarter. Amplius Wealth Advisors LLC raised its holdings in Goldman Sachs Ultra Short Bond ETF by 8.0% in the 2nd quarter. Amplius Wealth Advisors LLC now owns 692,859 shares of the company’s stock valued at $35,033,000 after acquiring an additional 51,470 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Goldman Sachs Ultra Short Bond ETF in the second quarter valued at $1,245,000.

Goldman Sachs Ultra Short Bond ETF Price Performance

GSST opened at $50.66 on Thursday. Goldman Sachs Ultra Short Bond ETF has a 1 year low of $50.25 and a 1 year high of $50.83. The company’s 50 day simple moving average is $50.59 and its 200 day simple moving average is $50.58.

Goldman Sachs Ultra Short Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were given a dividend of $0.1402 per share. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.