Envestnet Asset Management Inc. Has $1.83 Million Stake in Goldman Sachs Ultra Short Bond ETF $GSST

Envestnet Asset Management Inc. reduced its position in shares of Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 70.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,149 shares of the company’s stock after selling 84,354 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Goldman Sachs Ultra Short Bond ETF were worth $1,828,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Tiemann Investment Advisors LLC boosted its position in shares of Goldman Sachs Ultra Short Bond ETF by 18.0% in the first quarter. Tiemann Investment Advisors LLC now owns 131,064 shares of the company’s stock worth $6,624,000 after buying an additional 20,022 shares during the period. Berger Financial Group Inc raised its position in Goldman Sachs Ultra Short Bond ETF by 32.5% during the first quarter. Berger Financial Group Inc now owns 24,690 shares of the company’s stock valued at $1,248,000 after buying an additional 6,051 shares during the period. DAVENPORT & Co LLC lifted its stake in Goldman Sachs Ultra Short Bond ETF by 14.7% in the 2nd quarter. DAVENPORT & Co LLC now owns 15,418 shares of the company’s stock worth $780,000 after acquiring an additional 1,971 shares in the last quarter. Comerica Bank boosted its position in Goldman Sachs Ultra Short Bond ETF by 13.2% during the 1st quarter. Comerica Bank now owns 4,363 shares of the company’s stock worth $221,000 after acquiring an additional 509 shares during the period. Finally, IFP Advisors Inc purchased a new position in Goldman Sachs Ultra Short Bond ETF during the 1st quarter valued at about $893,000.

Goldman Sachs Ultra Short Bond ETF Price Performance

BATS GSST opened at $50.58 on Wednesday. The company has a 50 day simple moving average of $50.58 and a 200-day simple moving average of $50.50. Goldman Sachs Ultra Short Bond ETF has a 52-week low of $50.21 and a 52-week high of $50.67.

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.