Cassia Capital Partners LLC Has $8.59 Million Position in Goldman Sachs Ultra Short Bond ETF $GSST

Cassia Capital Partners LLC boosted its holdings in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) by 39.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 170,216 shares of the company’s stock after acquiring an additional 48,044 shares during the quarter. Goldman Sachs Ultra Short Bond ETF accounts for 4.6% of Cassia Capital Partners LLC’s portfolio, making the stock its 10th largest position. Cassia Capital Partners LLC owned about 0.94% of Goldman Sachs Ultra Short Bond ETF worth $8,591,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC acquired a new position in Goldman Sachs Ultra Short Bond ETF during the 2nd quarter worth $39,000. Wagner Wealth Management LLC increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 149.5% during the third quarter. Wagner Wealth Management LLC now owns 1,417 shares of the company’s stock valued at $72,000 after purchasing an additional 849 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the third quarter valued at about $176,000. Comerica Bank raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 9.2% during the third quarter. Comerica Bank now owns 3,701 shares of the company’s stock valued at $188,000 after purchasing an additional 312 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its holdings in Goldman Sachs Ultra Short Bond ETF by 95.1% in the third quarter. GPS Wealth Strategies Group LLC now owns 4,056 shares of the company’s stock worth $206,000 after purchasing an additional 1,977 shares during the period.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.1%

Shares of GSST opened at $50.42 on Friday. The firm has a 50-day moving average price of $50.56 and a 200 day moving average price of $50.57. Goldman Sachs Ultra Short Bond ETF has a 52-week low of $50.25 and a 52-week high of $50.83.

Goldman Sachs Ultra Short Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a $0.162 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is an increase from Goldman Sachs Ultra Short Bond ETF’s previous monthly dividend of $0.14.

Goldman Sachs Ultra Short Bond ETF 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. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.