Envestnet Reduces Stake in Goldman Sachs Ultra Short Bond ETF Amid Active Trading Envestnet Asset Management trimmed its holdings in the Goldman Sachs Ultra Short Bond ETF by 9.1% in Q4, selling over 3,500 shares. Despite this, the ETF saw significant interest from other institutional investors and traded up 0.3% recently, reflecting ongoing demand for ultra-short-term bond products in a volatile interest rate environment.12