Modern Wealth Management LLC Makes New Investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Modern Wealth Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 13,672 shares of the company’s stock, valued at approximately $1,630,000.

A number of other large investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 162.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 223 shares of the company’s stock valued at $26,000 after purchasing an additional 138 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter valued at about $32,000. Millstone Evans Group LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter worth about $36,000. Rialto Wealth Management LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $40,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at about $49,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Performance

NYSEARCA:GSLC opened at $113.08 on Wednesday. The firm has a 50-day simple moving average of $116.20 and a 200-day simple moving average of $115.63. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a one year low of $97.82 and a one year high of $121.00. The firm has a market cap of $12.80 billion, a P/E ratio of 23.52 and a beta of 1.00.

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

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 25th will be paid a $0.3359 dividend. This is an increase from Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF’s previous dividend of $0.31. The ex-dividend date of this dividend is 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.