Procyon Advisors LLC Acquires Shares of 45,338 Goldman Sachs Ultra Short Bond ETF $GSST

Procyon Advisors LLC bought a new position in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 45,338 shares of the company’s stock, valued at approximately $2,288,000. Procyon Advisors LLC owned approximately 0.25% of Goldman Sachs Ultra Short Bond ETF at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. UBS Group AG boosted its stake in Goldman Sachs Ultra Short Bond ETF by 6,537.0% in the 3rd quarter. UBS Group AG now owns 429,747 shares of the company’s stock valued at $21,788,000 after buying an additional 423,272 shares in the last quarter. Raymond James Financial Inc. raised its stake in Goldman Sachs Ultra Short Bond ETF by 46.7% during the third quarter. Raymond James Financial Inc. now owns 781,136 shares of the company’s stock worth $39,604,000 after acquiring an additional 248,614 shares in the last quarter. Kensington Asset Management LLC raised its stake in Goldman Sachs Ultra Short Bond ETF by 37.6% during the third quarter. Kensington Asset Management LLC now owns 647,061 shares of the company’s stock worth $32,806,000 after acquiring an additional 176,794 shares in the last quarter. CWM LLC lifted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 14.9% during the third quarter. CWM LLC now owns 1,189,801 shares of the company’s stock valued at $60,323,000 after acquiring an additional 154,612 shares during the period. Finally, Three Seasons Wealth LLC lifted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 3,568.3% during the third quarter. Three Seasons Wealth LLC now owns 148,310 shares of the company’s stock valued at $7,519,000 after acquiring an additional 144,267 shares during the period.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Shares of BATS:GSST opened at $50.50 on Monday. The company’s fifty day moving average is $50.57 and its 200-day moving average is $50.58. Goldman Sachs Ultra Short Bond ETF has a 52 week low of $50.25 and a 52 week high of $50.83.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a dividend of $0.162 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.8%. This is an increase from Goldman Sachs Ultra Short Bond ETF’s previous monthly dividend of $0.14.

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.