Avestar Capital LLC Has $22.01 Million Position in Goldman Sachs Ultra Short Bond ETF $GSST

Avestar Capital LLC boosted its holdings in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 9.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 435,277 shares of the company’s stock after acquiring an additional 36,808 shares during the quarter. Goldman Sachs Ultra Short Bond ETF accounts for approximately 1.5% of Avestar Capital LLC’s holdings, making the stock its 9th largest position. Avestar Capital LLC owned approximately 2.39% of Goldman Sachs Ultra Short Bond ETF worth $22,009,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Kensington Asset Management LLC purchased a new position in shares of Goldman Sachs Ultra Short Bond ETF in the second quarter worth $23,779,000. Raymond James Financial Inc. increased its holdings in Goldman Sachs Ultra Short Bond ETF by 121.2% in the 1st quarter. Raymond James Financial Inc. now owns 430,746 shares of the company’s stock worth $21,770,000 after buying an additional 236,034 shares in the last quarter. Stratos Wealth Partners LTD. raised its position in Goldman Sachs Ultra Short Bond ETF by 877.4% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 249,808 shares of the company’s stock worth $12,631,000 after buying an additional 224,249 shares during the last quarter. CWM LLC lifted its stake in Goldman Sachs Ultra Short Bond ETF by 25.0% during the 2nd quarter. CWM LLC now owns 1,035,189 shares of the company’s stock valued at $52,343,000 after acquiring an additional 207,089 shares during the period. Finally, Wincap Financial LLC purchased a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the 2nd quarter valued at about $9,200,000.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.4%

Shares of GSST stock opened at $50.54 on Friday. Goldman Sachs Ultra Short Bond ETF has a 52 week low of $50.21 and a 52 week high of $50.67. The company has a 50 day moving average price of $50.57 and a 200-day moving average price of $50.52.

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.