Procyon Advisors LLC Cuts Stock Position in Goldman Sachs Ultra Short Bond ETF $GSST

Procyon Advisors LLC cut its stake in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 64.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 16,299 shares of the company’s stock after selling 29,039 shares during the period. Procyon Advisors LLC’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $824,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. UBS Group AG grew its position 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 purchasing an additional 423,272 shares during the period. Morgan Stanley increased its stake in shares of Goldman Sachs Ultra Short Bond ETF by 16.1% during the fourth quarter. Morgan Stanley now owns 2,385,447 shares of the company’s stock worth $120,394,000 after purchasing an additional 331,513 shares in the last quarter. One Capital Management LLC acquired a new position in shares of Goldman Sachs Ultra Short Bond ETF during the 4th quarter worth about $16,437,000. Andrews Advisory Associates LLC acquired a new position in shares of Goldman Sachs Ultra Short Bond ETF during the 4th quarter worth about $16,373,000. Finally, LPL Financial LLC lifted its stake in Goldman Sachs Ultra Short Bond ETF by 29.8% in the 4th quarter. LPL Financial LLC now owns 1,358,155 shares of the company’s stock valued at $68,546,000 after buying an additional 311,469 shares in the last quarter.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.0%

GSST stock opened at $50.47 on Wednesday. Goldman Sachs Ultra Short Bond ETF has a 12-month low of $50.35 and a 12-month high of $50.83. The business’s 50-day moving average is $50.48 and its 200 day 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.