Bank of New York Mellon Corp Raises Stake in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)

Bank of New York Mellon Corp boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,955 shares of the company’s stock after acquiring an additional 3,544 shares during the quarter. Bank of New York Mellon Corp owned about 0.33% of Goldman Sachs MarketBeta U.S. Equity ETF worth $7,594,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GSUS. Jane Street Group LLC acquired a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 3rd quarter valued at approximately $510,000. JPMorgan Chase & Co. bought a new position in Goldman Sachs MarketBeta U.S. Equity ETF during the third quarter valued at about $192,000. FMR LLC boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 22.9% during the third quarter. FMR LLC now owns 3,624 shares of the company’s stock valued at $286,000 after buying an additional 675 shares in the last quarter. Beacon Financial Advisory LLC boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 17.5% during the fourth quarter. Beacon Financial Advisory LLC now owns 4,633 shares of the company’s stock valued at $374,000 after buying an additional 689 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 4.1% in the 4th quarter. Perigon Wealth Management LLC now owns 14,300 shares of the company’s stock valued at $1,168,000 after purchasing an additional 568 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

BATS:GSUS opened at $77.55 on Friday. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. The company has a fifty day moving average of $81.88 and a two-hundred day moving average of $80.76.

Goldman Sachs MarketBeta U.S. Equity ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 23rd were given a dividend of $0.2845 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from Goldman Sachs MarketBeta U.S. Equity ETF’s previous dividend of $0.23.

Goldman Sachs MarketBeta U.S. Equity ETF Profile

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.