Sowell Financial Services LLC Buys 338,445 Shares of Goldman Sachs Ultra Short Bond ETF $GSST

Sowell Financial Services LLC boosted its stake in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 3,777.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 347,405 shares of the company’s stock after acquiring an additional 338,445 shares during the quarter. Sowell Financial Services LLC owned 1.91% of Goldman Sachs Ultra Short Bond ETF worth $17,530,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC boosted its position in Goldman Sachs Ultra Short Bond ETF by 10,383.9% during the 2nd quarter. Proficio Capital Partners LLC now owns 465,485 shares of the company’s stock worth $23,542,000 after acquiring an additional 461,045 shares during the last quarter. Ethos Financial Group LLC bought a new position in shares of Goldman Sachs Ultra Short Bond ETF during the 1st quarter worth approximately $3,728,000. Kensington Asset Management LLC grew its stake in shares of Goldman Sachs Ultra Short Bond ETF by 15.6% during the 1st quarter. Kensington Asset Management LLC now owns 819,238 shares of the company’s stock worth $41,412,000 after acquiring an additional 110,264 shares in the last quarter. Fortis Capital Management LLC raised its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 355.3% in the first quarter. Fortis Capital Management LLC now owns 204,777 shares of the company’s stock valued at $10,351,000 after purchasing an additional 159,798 shares during the last quarter. Finally, Signature Equity Partners LLC raised its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 1,336.7% in the first quarter. Signature Equity Partners LLC now owns 34,410 shares of the company’s stock valued at $1,739,000 after purchasing an additional 32,015 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Price Performance

Shares of GSST stock opened at $50.42 on Wednesday. The company’s fifty day simple moving average is $50.44 and its 200-day simple moving average is $50.47. Goldman Sachs Ultra Short Bond ETF has a 12 month low of $50.27 and a 12 month high of $50.83.

About Goldman Sachs Ultra Short Bond ETF

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.