Gladstone Institutional Advisory LLC Has $3.18 Million Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Gladstone Institutional Advisory LLC increased its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,183 shares of the company’s stock after buying an additional 421 shares during the quarter. Gladstone Institutional Advisory LLC owned 0.42% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $3,180,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GSEW. Iron Horse Wealth Management LLC grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 200.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 600 shares of the company’s stock worth $46,000 after purchasing an additional 400 shares in the last quarter. Goodman Advisory Group LLC acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter worth $99,000. Family Asset Management LLC bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at $200,000. Rock Point Advisors LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at $209,000. Finally, Longview Financial Advisors Inc. bought a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth about $217,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Performance

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $79.85 on Thursday. The firm has a market cap of $774.54 million, a price-to-earnings ratio of 21.36 and a beta of 0.93. The company’s fifty day simple moving average is $79.35 and its 200-day simple moving average is $77.81.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were given a dividend of $0.398 per share. The ex-dividend date was Monday, December 23rd. This is an increase from Goldman Sachs Equal Weight U.S. Large Cap Equity ETF’s previous dividend of $0.29.

About Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of US large-cap stocks. GSEW was launched on Sep 12, 2017 and is managed by Goldman Sachs.