Kensington Asset Management LLC Has $41.41 Million Stock Holdings in Goldman Sachs Ultra Short Bond ETF $GSST

Kensington Asset Management LLC grew its position in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 15.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 819,238 shares of the company’s stock after buying an additional 110,264 shares during the quarter. Goldman Sachs Ultra Short Bond ETF makes up approximately 1.9% of Kensington Asset Management LLC’s portfolio, making the stock its 15th largest position. Kensington Asset Management LLC’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $41,412,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. AlphaCore Capital LLC bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF in the fourth quarter valued at about $33,000. Graney & King LLC acquired a new position in shares of Goldman Sachs Ultra Short Bond ETF in the first quarter valued at about $82,000. Wagner Wealth Management LLC grew its stake in shares of Goldman Sachs Ultra Short Bond ETF by 20.9% in the fourth quarter. Wagner Wealth Management LLC now owns 1,713 shares of the company’s stock valued at $86,000 after acquiring an additional 296 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Goldman Sachs Ultra Short Bond ETF by 214,200.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,143 shares of the company’s stock worth $108,000 after acquiring an additional 2,142 shares during the period. Finally, Private Trust Co. NA increased its position in Goldman Sachs Ultra Short Bond ETF by 66.1% during the fourth quarter. Private Trust Co. NA now owns 2,491 shares of the company’s stock worth $126,000 after acquiring an additional 991 shares during the period.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Shares of Goldman Sachs Ultra Short Bond ETF stock opened at $50.56 on Friday. Goldman Sachs Ultra Short Bond ETF has a twelve month low of $50.35 and a twelve month high of $50.83. The company has a 50-day simple moving average of $50.49 and a two-hundred day simple moving average of $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.