Axxcess Wealth Management LLC Buys New Holdings in Goldman Sachs Ultra Short Bond ETF (BATS:GSST)

Axxcess Wealth Management LLC acquired a new position in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 242,727 shares of the company’s stock, valued at approximately $12,187,000. Axxcess Wealth Management LLC owned approximately 2.06% of Goldman Sachs Ultra Short Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Securities Inc. raised its holdings in Goldman Sachs Ultra Short Bond ETF by 30.7% during the fourth quarter. Principal Securities Inc. now owns 16,372 shares of the company’s stock worth $822,000 after purchasing an additional 3,843 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Goldman Sachs Ultra Short Bond ETF by 21.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 6,036 shares of the company’s stock worth $303,000 after purchasing an additional 1,047 shares in the last quarter. HighTower Advisors LLC raised its holdings in Goldman Sachs Ultra Short Bond ETF by 11.8% during the third quarter. HighTower Advisors LLC now owns 190,663 shares of the company’s stock worth $9,654,000 after purchasing an additional 20,164 shares in the last quarter. Private Advisor Group LLC raised its holdings in Goldman Sachs Ultra Short Bond ETF by 28.4% during the fourth quarter. Private Advisor Group LLC now owns 10,107 shares of the company’s stock worth $507,000 after purchasing an additional 2,238 shares in the last quarter. Finally, DAVENPORT & Co LLC acquired a new stake in Goldman Sachs Ultra Short Bond ETF during the fourth quarter worth approximately $497,000.

Goldman Sachs Ultra Short Bond ETF Price Performance

GSST stock opened at $50.44 on Tuesday. Goldman Sachs Ultra Short Bond ETF has a twelve month low of $50.05 and a twelve month high of $50.67. The company’s 50 day moving average is $50.40 and its two-hundred day moving average is $50.41.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were given a $0.184 dividend. This is an increase from Goldman Sachs Ultra Short Bond ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, March 3rd.

Goldman Sachs Ultra Short Bond ETF Company 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.