Sage Rhino Capital LLC Cuts Stake in Goldman Sachs Ultra Short Bond ETF $GSST

Sage Rhino Capital LLC lessened its holdings in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 16.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 164,558 shares of the company’s stock after selling 33,097 shares during the quarter. Goldman Sachs Ultra Short Bond ETF comprises 1.6% of Sage Rhino Capital LLC’s portfolio, making the stock its 17th biggest holding. Sage Rhino Capital LLC owned 0.90% of Goldman Sachs Ultra Short Bond ETF worth $8,318,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Morgan Stanley increased its holdings in Goldman Sachs Ultra Short Bond ETF by 16.1% in the 4th quarter. Morgan Stanley now owns 2,385,447 shares of the company’s stock valued at $120,394,000 after acquiring an additional 331,513 shares during the last quarter. LPL Financial LLC grew its position in shares of Goldman Sachs Ultra Short Bond ETF by 29.8% during the fourth quarter. LPL Financial LLC now owns 1,358,155 shares of the company’s stock valued at $68,546,000 after purchasing an additional 311,469 shares in the last quarter. CWM LLC grew its position in shares of Goldman Sachs Ultra Short Bond ETF by 4.4% during the fourth quarter. CWM LLC now owns 1,242,300 shares of the company’s stock valued at $62,699,000 after purchasing an additional 52,499 shares in the last quarter. Amplius Wealth Advisors LLC increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 0.5% in the fourth quarter. Amplius Wealth Advisors LLC now owns 787,192 shares of the company’s stock worth $39,730,000 after purchasing an additional 3,758 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 46.7% in the third quarter. Raymond James Financial Inc. now owns 781,136 shares of the company’s stock worth $39,604,000 after buying an additional 248,614 shares in the last quarter.

Goldman Sachs Ultra Short Bond ETF Price Performance

Goldman Sachs Ultra Short Bond ETF stock traded up $0.01 during midday trading on Tuesday, reaching $50.44. 31,643 shares of the stock traded hands, compared to its average volume of 271,246. The stock’s fifty day moving average is $50.49 and its 200-day moving average is $50.53. Goldman Sachs Ultra Short Bond ETF has a 12 month low of $50.35 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.