McGowan Group Asset Management Inc. Acquires 32,681 Shares of Goldman Sachs Ultra Short Bond ETF $GSST

McGowan Group Asset Management Inc. increased its stake in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 9.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 368,597 shares of the company’s stock after acquiring an additional 32,681 shares during the period. Goldman Sachs Ultra Short Bond ETF makes up approximately 2.3% of McGowan Group Asset Management Inc.’s investment portfolio, making the stock its 15th biggest position. McGowan Group Asset Management Inc.’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $18,603,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC raised its position in Goldman Sachs Ultra Short Bond ETF by 30.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 8,500 shares of the company’s stock valued at $429,000 after purchasing an additional 2,000 shares during the period. G&S Capital LLC boosted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 57.2% in the 4th quarter. G&S Capital LLC now owns 60,696 shares of the company’s stock worth $3,063,000 after purchasing an additional 22,075 shares during the period. Berger Financial Group Inc increased its position in shares of Goldman Sachs Ultra Short Bond ETF by 51.9% during the 4th quarter. Berger Financial Group Inc now owns 68,380 shares of the company’s stock valued at $3,451,000 after purchasing an additional 23,375 shares during the last quarter. CWC Advisors LLC. increased its position in shares of Goldman Sachs Ultra Short Bond ETF by 4.0% during the 4th quarter. CWC Advisors LLC. now owns 6,066 shares of the company’s stock valued at $306,000 after purchasing an additional 235 shares during the last quarter. Finally, Private Trust Co. NA raised its holdings in Goldman Sachs Ultra Short Bond ETF by 66.1% during the 4th quarter. Private Trust Co. NA now owns 2,491 shares of the company’s stock valued at $126,000 after buying an additional 991 shares during the period.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Shares of GSST opened at $50.58 on Friday. The business has a fifty day moving average of $50.52 and a 200 day moving average of $50.56. Goldman Sachs Ultra Short Bond ETF has a 52-week low of $50.27 and a 52-week high of $50.83.

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.