Potentia Wealth Invests $5.10 Million in Goldman Sachs Ultra Short Bond ETF (BATS:GSST)

Potentia Wealth bought a new stake in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 101,546 shares of the company’s stock, valued at approximately $5,099,000. Goldman Sachs Ultra Short Bond ETF accounts for about 2.3% of Potentia Wealth’s portfolio, making the stock its 10th largest position. Potentia Wealth owned 0.86% of Goldman Sachs Ultra Short Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GSST. Principal Securities Inc. lifted its stake in Goldman Sachs Ultra Short Bond ETF by 30.7% during the 4th quarter. Principal Securities Inc. now owns 16,372 shares of the company’s stock valued at $822,000 after acquiring an additional 3,843 shares during the period. Janney Montgomery Scott LLC grew its position in Goldman Sachs Ultra Short Bond ETF by 21.0% during the 4th 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 during the period. HighTower Advisors LLC boosted its stake in shares of Goldman Sachs Ultra Short Bond ETF by 11.8% in the third quarter. HighTower Advisors LLC now owns 190,663 shares of the company’s stock worth $9,654,000 after buying an additional 20,164 shares during the last quarter. Private Advisor Group LLC grew 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 acquiring an additional 2,238 shares during the period. Finally, DAVENPORT & Co LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF during the fourth quarter valued at approximately $497,000.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Goldman Sachs Ultra Short Bond ETF stock opened at $50.48 on Tuesday. The stock’s 50 day simple moving average is $50.42 and its two-hundred day simple moving average is $50.41. Goldman Sachs Ultra Short Bond ETF has a 12 month low of $50.05 and a 12 month high of $50.67.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were issued a $0.184 dividend. This is a boost from Goldman Sachs Ultra Short Bond ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, March 3rd.

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.