Goldman Sachs Ultra Short Bond ETF $GSST Position Boosted by Fortis Capital Management LLC

Fortis Capital Management LLC lifted its holdings in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 355.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 204,777 shares of the company’s stock after purchasing an additional 159,798 shares during the period. Goldman Sachs Ultra Short Bond ETF comprises 1.1% of Fortis Capital Management LLC’s holdings, making the stock its 18th biggest holding. Fortis Capital Management LLC’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $10,351,000 as of its most recent SEC filing.

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

Goldman Sachs Ultra Short Bond ETF Stock Performance

GSST stock opened at $50.50 on Wednesday. Goldman Sachs Ultra Short Bond ETF has a 52-week low of $50.35 and a 52-week high of $50.83. The company’s 50 day simple moving average is $50.49 and its 200-day simple moving average is $50.52.

Goldman Sachs Ultra Short Bond ETF 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.