Keebeck Wealth Increases GCOR Stake to 488,803 Shares
Keebeck Wealth Management significantly expanded its holdings in Goldman Sachs Exchange-traded funds across multiple products, starting with a 170.7% increase in its stake of the GCOR U.S. Aggregate Bond ETF, totaling 488,803 shares and about 2.3% of its portfolio. The firm’s GCOR position represents its sixth-largest holding, worth roughly $20.2 million at the latest reporting period, with several other institutions also adding to GCOR, including Cetera Investment Advisers, Bank of New York Mellon, Sanctuary Advisors, and Kestra Advisory Services. In addition to GCOR, Keebeck boosted its position in the GSLC ActiveBeta U.S. Large Cap Equity ETF by 9% in the first quarter, bringing its share count to 68,586 and making it a 24th-largest holding valued at about $8.6 million. Keebeck also established a new stake in the GSID MarketBeta International Equity ETF, purchasing 46,244 shares valued at around $3.23 million. Separate from Keebeck’s activity, Wills Financial Group LLC opened a new position in the GSST Ultra Short Bond ETF with 50,465 shares, roughly $2.55 million, highlighting continued institutional appetite for Goldman Sachs ETFs across different risk profiles.