Focus Partners Advisor Solutions LLC Invests $1.29 Million in Goldman Sachs Ultra Short Bond ETF $GSST

Focus Partners Advisor Solutions LLC bought a new stake in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 25,476 shares of the company’s stock, valued at approximately $1,287,000. Focus Partners Advisor Solutions LLC owned about 0.14% of Goldman Sachs Ultra Short Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in GSST. Bristlecone Advisors LLC grew its stake in shares of Goldman Sachs Ultra Short Bond ETF by 7.1% in the third quarter. Bristlecone Advisors LLC now owns 156,676 shares of the company’s stock valued at $7,943,000 after buying an additional 10,422 shares in the last quarter. Avalon Capital Management boosted its holdings in Goldman Sachs Ultra Short Bond ETF by 51.8% during the 3rd quarter. Avalon Capital Management now owns 184,039 shares of the company’s stock valued at $9,331,000 after acquiring an additional 62,800 shares during the period. Avestar Capital LLC boosted its holdings in Goldman Sachs Ultra Short Bond ETF by 9.2% during the 2nd quarter. Avestar Capital LLC now owns 435,277 shares of the company’s stock valued at $22,009,000 after acquiring an additional 36,808 shares during the period. Laurel Wealth Advisors LLC grew its position in Goldman Sachs Ultra Short Bond ETF by 4,956.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 37,367 shares of the company’s stock valued at $1,889,000 after acquiring an additional 36,628 shares in the last quarter. Finally, Global Retirement Partners LLC increased its stake in Goldman Sachs Ultra Short Bond ETF by 4,209.9% during the third quarter. Global Retirement Partners LLC now owns 20,429 shares of the company’s stock worth $1,036,000 after purchasing an additional 19,955 shares during the period.

Goldman Sachs Ultra Short Bond ETF Price Performance

Shares of GSST opened at $50.49 on Friday. The company’s 50-day simple moving average is $50.58 and its 200-day simple moving average is $50.58. Goldman Sachs Ultra Short Bond ETF has a 1 year low of $50.25 and a 1 year high of $50.83.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, March 6th. Shareholders of record on Monday, March 2nd will be given a $0.162 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%. This is a boost from Goldman Sachs Ultra Short Bond ETF’s previous monthly dividend of $0.14.

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.