First Foundation Advisors Increases Stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

First Foundation Advisors raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 8.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 540,328 shares of the company’s stock after buying an additional 41,428 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for 2.3% of First Foundation Advisors’ investment portfolio, making the stock its 10th largest holding. First Foundation Advisors owned about 0.47% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $62,235,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in GSLC. Wells Fargo & Company MN grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.9% during the fourth quarter. Wells Fargo & Company MN now owns 29,664,957 shares of the company’s stock worth $3,416,810,000 after buying an additional 1,652,391 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth $130,942,000. Sterling Financial Group Inc. bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth $38,369,000. Paul R. Ried Financial Group LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $14,800,000. Finally, Envestnet Asset Management Inc. lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,358,083 shares of the company’s stock worth $271,604,000 after purchasing an additional 77,980 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 8.4 %

NYSEARCA:GSLC opened at $105.93 on Thursday. The business’s 50-day moving average price is $112.95 and its two-hundred day moving average price is $115.18. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $94.88 and a twelve month high of $121.00. The stock has a market cap of $11.98 billion, a P/E ratio of 23.10 and a beta of 1.00.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 25th were issued a dividend of $0.3359 per share. This is a boost from Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Tuesday, March 25th.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Profile

The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight.