Avalon Capital Management Acquires 41,255 Shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST)

Avalon Capital Management lifted its holdings in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 531.4% in the fourth quarter, Holdings Channel reports. The fund owned 49,018 shares of the company’s stock after purchasing an additional 41,255 shares during the quarter. Avalon Capital Management’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $2,461,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in GSST. Laurel Wealth Advisors LLC bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the 4th quarter worth approximately $37,000. Arlington Trust Co LLC bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the fourth quarter worth $52,000. Golden State Wealth Management LLC purchased a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the fourth quarter valued at $73,000. Realta Investment Advisors boosted its stake in shares of Goldman Sachs Ultra Short Bond ETF by 45.5% during the fourth quarter. Realta Investment Advisors now owns 3,200 shares of the company’s stock valued at $161,000 after purchasing an additional 1,000 shares during the period. Finally, Zega Financial LLC bought a new position in shares of Goldman Sachs Ultra Short Bond ETF in the third quarter worth about $253,000.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.4 %

GSST stock opened at $50.50 on Tuesday. The business has a 50 day moving average of $50.38 and a 200-day moving average of $50.41.

Goldman Sachs Ultra Short Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1805 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.