Cassia Capital Partners LLC Has $8.59 Million Stock Position in Goldman Sachs Ultra Short Bond ETF $GSST

Cassia Capital Partners LLC increased its stake in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 39.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 170,216 shares of the company’s stock after buying an additional 48,044 shares during the period. Goldman Sachs Ultra Short Bond ETF makes up approximately 4.6% of Cassia Capital Partners LLC’s holdings, making the stock its 10th biggest position. Cassia Capital Partners LLC’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $8,591,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bristlecone Advisors LLC boosted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 7.1% in the third quarter. Bristlecone Advisors LLC now owns 156,676 shares of the company’s stock worth $7,943,000 after buying an additional 10,422 shares during the period. Avalon Capital Management lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 51.8% in the 3rd quarter. Avalon Capital Management now owns 184,039 shares of the company’s stock valued at $9,331,000 after acquiring an additional 62,800 shares in the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in Goldman Sachs Ultra Short Bond ETF in the 3rd quarter worth approximately $1,287,000. Avestar Capital LLC boosted its stake in Goldman Sachs Ultra Short Bond ETF by 9.2% in the 2nd quarter. Avestar Capital LLC now owns 435,277 shares of the company’s stock worth $22,009,000 after purchasing an additional 36,808 shares during the period. Finally, Global Retirement Partners LLC grew its position in Goldman Sachs Ultra Short Bond ETF by 4,209.9% during the 3rd quarter. Global Retirement Partners LLC now owns 20,429 shares of the company’s stock worth $1,036,000 after purchasing an additional 19,955 shares in the last quarter.

Goldman Sachs Ultra Short Bond ETF Price Performance

Shares of BATS:GSST opened at $50.42 on Friday. The company’s fifty day moving average is $50.56 and its two-hundred day moving average is $50.57. Goldman Sachs Ultra Short Bond ETF has a 12-month low of $50.25 and a 12-month high of $50.83.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.162 per share. This is a positive change from Goldman Sachs Ultra Short Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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.