GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations - 92.9% | ||||||||||||
Advertising - 1.3% | ||||||||||||
Clear Channel Outdoor Holdings, Inc.(a) | ||||||||||||
$ | 300,000 | 7.750 | % | 04/15/28 | $ 306,938 | |||||||
Clear Channel Worldwide Holdings, Inc. | ||||||||||||
126,000 | 9.250 | 02/15/24 | 132,142 | |||||||||
470,000 | 5.125 | (a) | 08/15/27 | 475,875 | ||||||||
Lamar Media Corp. | ||||||||||||
250,000 | 3.750 | 02/15/28 | 253,125 | |||||||||
421,000 | 4.000 | 02/15/30 | 424,158 | |||||||||
Nielsen Finance LLC / Nielsen Finance Co. | ||||||||||||
350,000 | 5.625 | (a) | 10/01/28 | 371,875 | ||||||||
400,000 | 5.875 | (a) | 10/01/30 | 434,000 | ||||||||
Outfront Media Capital LLC / Outfront Media Capital Corp.(a) | ||||||||||||
400,000 | 6.250 | 06/15/25 | 425,000 | |||||||||
| ||||||||||||
2,823,113 | ||||||||||||
| ||||||||||||
Aerospace & Defense - 2.3% | ||||||||||||
Howmet Aerospace, Inc. | ||||||||||||
550,000 | 5.125 | 10/01/24 | 601,579 | |||||||||
250,000 | 6.875 | 05/01/25 | 289,375 | |||||||||
Signature Aviation US Holdings, Inc.(a) | ||||||||||||
370,000 | 4.000 | 03/01/28 | 375,550 | |||||||||
TransDigm, Inc. | ||||||||||||
400,000 | 8.000 | (a) | 12/15/25 | 433,000 | ||||||||
1,470,000 | 6.250 | (a) | 03/15/26 | 1,550,850 | ||||||||
551,000 | 6.375 | 06/15/26 | 569,940 | |||||||||
70,000 | 7.500 | 03/15/27 | 74,900 | |||||||||
460,000 | 5.500 | 11/15/27 | 477,250 | |||||||||
200,000 | 4.625 | (a) | 01/15/29 | 198,500 | ||||||||
Wolverine Escrow LLC(a) | ||||||||||||
525,000 | 9.000 | 11/15/26 | 519,750 | |||||||||
| ||||||||||||
5,090,694 | ||||||||||||
| ||||||||||||
Agriculture - 0.8% | ||||||||||||
JBS USA LUX SA / JBS USA Finance, Inc.(a) | ||||||||||||
714,000 | 6.750 | 02/15/28 | 787,185 | |||||||||
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc. | ||||||||||||
320,000 | 6.500 | (a) | 04/15/29 | 360,400 | ||||||||
500,000 | 5.500 | (a) | 01/15/30 | 553,750 | ||||||||
| ||||||||||||
1,701,335 | ||||||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks - 0.2% | ||||||||||||
CIT Group, Inc. | ||||||||||||
$ | 100,000 | 5.250 | % | 03/07/25 | $ 113,250 | |||||||
Freedom Mortgage Corp. | ||||||||||||
174,000 | 8.125 | (a) | 11/15/24 | 179,339 | ||||||||
247,000 | 8.250 | (a) | 04/15/25 | 256,263 | ||||||||
| ||||||||||||
548,852 | ||||||||||||
| ||||||||||||
Basic Industry - 1.2% | ||||||||||||
Axalta Coating Systems LLC(a) | ||||||||||||
500,000 | 3.375 | 02/15/29 | 484,375 | |||||||||
Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV(a) | ||||||||||||
150,000 | 4.750 | 06/15/27 | 157,500 | |||||||||
CF Industries, Inc. | ||||||||||||
180,000 | 3.450 | 06/01/23 | 187,875 | |||||||||
300,000 | 5.150 | 03/15/34 | 355,830 | |||||||||
Chemours Co. (The)(a) | ||||||||||||
400,000 | 5.750 | 11/15/28 | 428,000 | |||||||||
Olin Corp. | ||||||||||||
200,000 | 5.625 | 08/01/29 | 218,000 | |||||||||
200,000 | 5.000 | 02/01/30 | 212,500 | |||||||||
Tronox, Inc.(a) | ||||||||||||
260,000 | 4.625 | 03/15/29 | 265,200 | |||||||||
Valvoline, Inc.(a) | ||||||||||||
350,000 | 4.250 | 02/15/30 | 358,750 | |||||||||
| ||||||||||||
2,668,030 | ||||||||||||
| ||||||||||||
Broadcasting - 3.2% | ||||||||||||
Diamond Sports Group LLC / Diamond Sports Finance Co.(a) | ||||||||||||
500,000 | 6.625 | 08/15/27 | 288,750 | |||||||||
Gray Television, Inc. | ||||||||||||
250,000 | 7.000 | (a) | 05/15/27 | 270,937 | ||||||||
590,000 | 4.750 | (a) | 10/15/30 | 581,150 | ||||||||
iHeartCommunications, Inc. | ||||||||||||
220,000 | 8.375 | 05/01/27 | 235,950 | |||||||||
750,000 | 4.750 | (a) | 01/15/28 | 767,813 | ||||||||
Nexstar Broadcasting, Inc.(a) | ||||||||||||
560,000 | 5.625 | 07/15/27 | 592,200 | |||||||||
Scripps Escrow II, Inc.(a) | ||||||||||||
400,000 | 5.375 | 01/15/31 | 401,500 | |||||||||
Sirius XM Radio, Inc. | ||||||||||||
210,000 | 4.625 | (a) | 07/15/24 | 215,381 | ||||||||
128,000 | 5.375 | (a) | 07/15/26 | 132,640 | ||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Broadcasting – (continued) | ||||||||||||
Sirius XM Radio, Inc. – (continued) | ||||||||||||
$ | 755,000 | 5.000 | %(a) | 08/01/27 | $ 790,863 | |||||||
240,000 | 5.500 | (a) | 07/01/29 | 259,800 | ||||||||
611,000 | 4.125 | (a) | 07/01/30 | 613,291 | ||||||||
TEGNA, Inc. | ||||||||||||
200,000 | 4.625 | 03/15/28 | 205,250 | |||||||||
500,000 | 5.000 | 09/15/29 | 513,750 | |||||||||
Terrier Media Buyer, Inc.(a) | ||||||||||||
350,000 | 8.875 | 12/15/27 | 377,125 | |||||||||
Univision Communications, Inc. | ||||||||||||
257,000 | 5.125 | (a) | 02/15/25 | 262,782 | ||||||||
425,000 | 6.625 | (a) | 06/01/27 | 460,594 | ||||||||
| ||||||||||||
6,969,776 | ||||||||||||
| ||||||||||||
Building Materials - 0.4% | ||||||||||||
American Builders & Contractors Supply Co., Inc.(a) | ||||||||||||
413,000 | 4.000 | 01/15/28 | 423,841 | |||||||||
Builders FirstSource, Inc.(a) | ||||||||||||
472,000 | 6.750 | 06/01/27 | 505,335 | |||||||||
| ||||||||||||
929,176 | ||||||||||||
| ||||||||||||
Capital Goods - 3.1% | ||||||||||||
Ball Corp. | ||||||||||||
205,000 | 4.000 | 11/15/23 | 218,069 | |||||||||
351,000 | 5.250 | 07/01/25 | 396,630 | |||||||||
121,000 | 4.875 | 03/15/26 | 135,520 | |||||||||
450,000 | 2.875 | 08/15/30 | 433,125 | |||||||||
Berry Global, Inc.(a) | ||||||||||||
200,000 | 5.625 | 07/15/27 | 212,500 | |||||||||
Covanta Holding Corp. | ||||||||||||
175,000 | 5.875 | 07/01/25 | 181,178 | |||||||||
216,000 | 6.000 | 01/01/27 | 226,523 | |||||||||
Crown Americas LLC / Crown Americas Capital Corp V | ||||||||||||
435,000 | 4.250 | 09/30/26 | 468,169 | |||||||||
Crown Americas LLC / Crown Americas Capital Corp. VI | ||||||||||||
210,000 | 4.750 | 02/01/26 | 217,648 | |||||||||
Flex Acquisition Co., Inc. | ||||||||||||
130,000 | 6.875 | (a) | 01/15/25 | 131,420 | ||||||||
157,000 | 7.875 | (a) | 07/15/26 | 163,537 | ||||||||
Graham Packaging Co., Inc.(a) | ||||||||||||
180,000 | 7.125 | 08/15/28 | 191,925 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Capital Goods – (continued) | ||||||||||||
Herc Holdings, Inc.(a) | ||||||||||||
$ | 590,000 | 5.500 | % | 07/15/27 | $ 624,662 | |||||||
LABL Escrow Issuer LLC | ||||||||||||
183,000 | 6.750 | (a) | 07/15/26 | 196,268 | ||||||||
289,000 | 10.500 | (a) | 07/15/27 | 317,177 | ||||||||
Mauser Packaging Solutions Holding Co.(a) | ||||||||||||
454,000 | 5.500 | 04/15/24 | 459,107 | |||||||||
Owens-Brockway Glass Container, Inc.(a) | ||||||||||||
200,000 | 5.875 | 08/15/23 | 216,000 | |||||||||
Sealed Air Corp. | ||||||||||||
260,000 | 4.875 | (a) | 12/01/22 | 272,350 | ||||||||
130,000 | 5.125 | (a) | 12/01/24 | 142,025 | ||||||||
230,000 | 5.500 | (a) | 09/15/25 | 256,163 | ||||||||
170,000 | 6.875 | (a) | 07/15/33 | 216,325 | ||||||||
Sensata Technologies BV | ||||||||||||
366,000 | 4.875 | (a) | 10/15/23 | 391,162 | ||||||||
279,000 | 5.000 | (a) | 10/01/25 | 310,039 | ||||||||
Sensata Technologies, Inc.(a) | ||||||||||||
450,000 | 3.750 | 02/15/31 | 440,438 | |||||||||
| ||||||||||||
6,817,960 | ||||||||||||
| ||||||||||||
Communications - 7.7% | ||||||||||||
AMC Networks, Inc. | ||||||||||||
88,000 | 5.000 | 04/01/24 | 89,265 | |||||||||
440,000 | 4.750 | 08/01/25 | 451,275 | |||||||||
Cable One, Inc.(a) | ||||||||||||
125,000 | 4.000 | 11/15/30 | 123,594 | |||||||||
CCO Holdings LLC / CCO Holdings Capital Corp. | ||||||||||||
197,000 | 4.000 | (a) | 03/01/23 | 198,847 | ||||||||
589,000 | 5.750 | (a) | 02/15/26 | 609,247 | ||||||||
509,000 | 5.500 | (a) | 05/01/26 | 524,588 | ||||||||
490,000 | 5.125 | (a) | 05/01/27 | 513,888 | ||||||||
317,000 | 5.875 | (a) | 05/01/27 | 326,890 | ||||||||
423,000 | 5.000 | (a) | 02/01/28 | 444,679 | ||||||||
300,000 | 5.375 | (a) | 06/01/29 | 326,625 | ||||||||
780,000 | 4.750 | (a) | 03/01/30 | 810,225 | ||||||||
780,000 | 4.500 | (a) | 08/15/30 | 796,575 | ||||||||
725,000 | 4.250 | (a) | 02/01/31 | 725,000 | ||||||||
1,030,000 | 4.500 | 05/01/32 | 1,037,081 | |||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Communications – (continued) | ||||||||||||
CSC Holdings LLC | ||||||||||||
$ | 678,000 | 5.250 | % | 06/01/24 | $ 736,054 | |||||||
550,000 | 5.500 | (a) | 04/15/27 | 578,875 | ||||||||
200,000 | 5.375 | (a) | 02/01/28 | 211,000 | ||||||||
200,000 | 7.500 | (a) | 04/01/28 | 219,750 | ||||||||
240,000 | 6.500 | (a) | 02/01/29 | 263,700 | ||||||||
930,000 | 5.750 | (a) | 01/15/30 | 975,337 | ||||||||
1,090,000 | 4.625 | (a) | 12/01/30 | 1,060,025 | ||||||||
425,000 | 3.375 | (a) | 02/15/31 | 398,969 | ||||||||
DISH DBS Corp. | ||||||||||||
468,000 | 5.000 | 03/15/23 | 487,305 | |||||||||
514,000 | 5.875 | 11/15/24 | 546,125 | |||||||||
614,000 | 7.750 | 07/01/26 | 698,425 | |||||||||
110,000 | 7.375 | 07/01/28 | 118,181 | |||||||||
Lions Gate Capital Holdings LLC(a) | ||||||||||||
200,000 | 5.500 | 04/15/29 | 207,000 | |||||||||
Netflix, Inc. | ||||||||||||
440,000 | 4.375 | 11/15/26 | 496,100 | |||||||||
482,000 | 4.875 | 04/15/28 | 555,505 | |||||||||
562,000 | 5.875 | 11/15/28 | 681,425 | |||||||||
227,000 | 6.375 | 05/15/29 | 284,034 | |||||||||
200,000 | 5.375 | (a) | 11/15/29 | 236,375 | ||||||||
350,000 | 4.875 | (a) | 06/15/30 | 403,812 | ||||||||
Radiate Holdco LLC / Radiate Finance, Inc.(a) | ||||||||||||
250,000 | 6.500 | 09/15/28 | 258,125 | |||||||||
WMG Acquisition Corp.(a) | ||||||||||||
560,000 | 3.000 | 02/15/31 | 531,300 | |||||||||
| ||||||||||||
16,925,201 | ||||||||||||
| ||||||||||||
Consumer Cyclical - 15.7% | ||||||||||||
ADT Security Corp. (The)(a) | ||||||||||||
320,000 | 4.875 | 07/15/32 | 332,800 | |||||||||
Allison Transmission, Inc.(a) | ||||||||||||
620,000 | 4.750 | 10/01/27 | 651,775 | |||||||||
American Axle & Manufacturing, Inc. | ||||||||||||
450,000 | 6.875 | 07/01/28 | 489,375 | |||||||||
APX Group, Inc.(a) | ||||||||||||
200,000 | 6.750 | 02/15/27 | 212,500 | |||||||||
Boyd Gaming Corp. | ||||||||||||
160,000 | 6.375 | 04/01/26 | 165,300 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
Boyd Gaming Corp. – (continued) | ||||||||||||
$ | 271,000 | 6.000 | % | 08/15/26 | $ 282,856 | |||||||
180,000 | 4.750 | 12/01/27 | 184,268 | |||||||||
Brink’s Co. (The)(a) | ||||||||||||
284,000 | 5.500 | 07/15/25 | 302,460 | |||||||||
Carvana Co.(a) | ||||||||||||
300,000 | 5.500 | 04/15/27 | 310,500 | |||||||||
Churchill Downs, Inc. | ||||||||||||
350,000 | 5.500 | (a) | 04/01/27 | 365,312 | ||||||||
372,000 | 4.750 | (a) | 01/15/28 | 384,090 | ||||||||
Clarios Global LP / Clarios US Finance Co. | ||||||||||||
418,000 | 6.250 | (a) | 05/15/26 | 446,527 | ||||||||
585,000 | 8.500 | (a) | 05/15/27 | 636,629 | ||||||||
Dana Financing Luxembourg Sarl(a) | ||||||||||||
250,000 | 5.750 | 04/15/25 | 257,969 | |||||||||
Dana, Inc. | ||||||||||||
300,000 | 5.625 | 06/15/28 | 324,750 | |||||||||
Diamond Resorts International, Inc.(a) | ||||||||||||
104,000 | 7.750 | 09/01/23 | 107,835 | |||||||||
ESH Hospitality, Inc. | ||||||||||||
367,000 | 5.250 | (a) | 05/01/25 | 374,799 | ||||||||
250,000 | 4.625 | (a) | 10/01/27 | 265,330 | ||||||||
Ford Motor Co. | ||||||||||||
280,000 | 8.500 | 04/21/23 | 313,087 | |||||||||
280,000 | 9.000 | 04/22/25 | 342,803 | |||||||||
205,000 | 4.346 | 12/08/26 | 218,337 | |||||||||
600,000 | 6.625 | 10/01/28 | 697,964 | |||||||||
500,000 | 7.450 | 07/16/31 | 633,669 | |||||||||
Ford Motor Credit Co. LLC | ||||||||||||
700,000 | 3.087 | 01/09/23 | 715,088 | |||||||||
380,000 | 5.584 | 03/18/24 | 415,976 | |||||||||
500,000 | 5.125 | 06/16/25 | 549,925 | |||||||||
200,000 | 4.134 | 08/04/25 | 212,438 | |||||||||
200,000 | 4.542 | 08/01/26 | 215,289 | |||||||||
400,000 | 4.271 | 01/09/27 | 420,414 | |||||||||
400,000 | 3.815 | 11/02/27 | 410,124 | |||||||||
450,000 | 5.113 | 05/03/29 | 492,332 | |||||||||
Gap, Inc. (The) | ||||||||||||
250,000 | 8.625 | (a) | 05/15/25 | 276,130 | ||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
Gap, Inc. (The) – (continued) | ||||||||||||
$ | 300,000 | 8.875 | %(a) | 05/15/27 | $ 348,853 | |||||||
Goodyear Tire & Rubber Co. (The) | ||||||||||||
690,000 | 4.875 | 03/15/27 | 723,637 | |||||||||
400,000 | 5.250 | 04/30/31 | 409,000 | |||||||||
Hanesbrands, Inc. | ||||||||||||
637,000 | 4.625 | (a) | 05/15/24 | 678,405 | ||||||||
250,000 | 5.375 | (a) | 05/15/25 | 264,375 | ||||||||
Hilton Domestic Operating Co., Inc. | ||||||||||||
150,000 | 3.750 | (a) | 05/01/29 | 150,879 | ||||||||
510,000 | 4.875 | 01/15/30 | 542,512 | |||||||||
200,000 | 4.000 | (a) | 05/01/31 | 202,021 | ||||||||
440,000 | 3.625 | (a) | 02/15/32 | 432,952 | ||||||||
Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp. | ||||||||||||
205,000 | 4.875 | 04/01/27 | 213,330 | |||||||||
Iron Mountain, Inc. | ||||||||||||
331,000 | 4.875 | (a) | 09/15/27 | 343,826 | ||||||||
362,000 | 5.250 | (a) | 03/15/28 | 379,195 | ||||||||
650,000 | 5.250 | (a) | 07/15/30 | 678,437 | ||||||||
750,000 | 4.500 | (a) | 02/15/31 | 750,938 | ||||||||
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(a) | ||||||||||||
340,000 | 5.250 | 06/01/26 | 348,918 | |||||||||
L Brands, Inc. | ||||||||||||
300,000 | 6.625 | (a) | 10/01/30 | 343,732 | ||||||||
400,000 | 6.875 | 11/01/35 | 483,327 | |||||||||
Liberty Interactive LLC | ||||||||||||
250,000 | 8.250 | 02/01/30 | 287,500 | |||||||||
Magic Mergeco, Inc.(a) | ||||||||||||
400,000 | 7.875 | 05/01/29 | 410,000 | |||||||||
Marriott Ownership Resorts, Inc. / ILG LLC | ||||||||||||
540,000 | 6.500 | 09/15/26 | 561,600 | |||||||||
MGM Growth Properties Operating Partnership LP / MGP Finance Co.-Issuer, Inc. | ||||||||||||
455,000 | 4.625 | (a) | 06/15/25 | 484,575 | ||||||||
450,000 | 5.750 | 02/01/27 | 501,188 | |||||||||
MGM Resorts International | ||||||||||||
298,000 | 6.000 | 03/15/23 | 319,605 | |||||||||
77,000 | 5.750 | 06/15/25 | 84,796 | |||||||||
367,000 | 4.625 | 09/01/26 | 386,726 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
MGM Resorts International – (continued) | ||||||||||||
$ | 209,000 | 5.500 | % | 04/15/27 | $ 228,594 | |||||||
250,000 | 4.750 | 10/15/28 | 264,688 | |||||||||
Mohegan Gaming & Entertainment(a) | ||||||||||||
390,000 | 8.000 | 02/01/26 | 397,800 | |||||||||
Navistar International Corp.(a) | ||||||||||||
326,000 | 6.625 | 11/01/25 | 337,004 | |||||||||
NCL Corp Ltd.(a) | ||||||||||||
500,000 | 3.625 | 12/15/24 | 480,000 | |||||||||
Peninsula Pacific Entertainment LLC / Peninsula Pacific Entertainment Finance In(a) | ||||||||||||
300,000 | 8.500 | 11/15/27 | 321,375 | |||||||||
Penske Automotive Group, Inc. | ||||||||||||
20,000 | 5.500 | 05/15/26 | 20,600 | |||||||||
PetSmart, Inc. / PetSmart Finance Corp. | ||||||||||||
250,000 | 4.750 | (a) | 02/15/28 | 260,000 | ||||||||
250,000 | 7.750 | (a) | 02/15/29 | 275,625 | ||||||||
Picasso Finance Sub, Inc.(a) | ||||||||||||
252,000 | 6.125 | 06/15/25 | 265,860 | |||||||||
Prime Security Services Borrower LLC / Prime Finance, Inc.(a) | ||||||||||||
790,000 | 3.375 | 08/31/27 | 760,375 | |||||||||
QVC, Inc. | ||||||||||||
250,000 | 4.375 | 03/15/23 | 262,881 | |||||||||
100,000 | 4.450 | 02/15/25 | 106,551 | |||||||||
150,000 | 4.750 | 02/15/27 | 158,845 | |||||||||
Royal Caribbean Cruises Ltd.(a) | ||||||||||||
500,000 | 5.500 | 04/01/28 | 529,375 | |||||||||
Scientific Games International, Inc. | ||||||||||||
410,000 | 5.000 | (a) | 10/15/25 | 422,532 | ||||||||
340,000 | 8.250 | (a) | 03/15/26 | 366,350 | ||||||||
145,000 | 7.000 | (a) | 05/15/28 | 157,506 | ||||||||
300,000 | 7.250 | (a) | 11/15/29 | 333,375 | ||||||||
Staples, Inc. | ||||||||||||
737,000 | 7.500 | (a) | 04/15/26 | 768,323 | ||||||||
350,000 | 10.750 | (a) | 04/15/27 | 359,625 | ||||||||
Taylor Morrison Communities, Inc.(a) | ||||||||||||
430,000 | 5.125 | 08/01/30 | 462,250 | |||||||||
Tenneco, Inc. | ||||||||||||
100,000 | 5.000 | 07/15/26 | 99,500 | |||||||||
500,000 | 5.125 | (a) | 04/15/29 | 500,000 | ||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
Tesla, Inc.(a) | ||||||||||||
$ | 352,000 | 5.300 | % | 08/15/25 | $ 364,339 | |||||||
Toll Brothers Finance Corp. | ||||||||||||
313,000 | 4.375 | 04/15/23 | 327,868 | |||||||||
332,000 | 4.350 | 02/15/28 | 363,422 | |||||||||
Travel + Leisure Co.(a) | ||||||||||||
360,000 | 6.625 | 07/31/26 | 411,713 | |||||||||
VICI Properties LP / VICI Note Co., Inc. | ||||||||||||
285,000 | 4.250 | (a) | 12/01/26 | 293,551 | ||||||||
250,000 | 3.750 | (a) | 02/15/27 | 254,062 | ||||||||
550,000 | 4.625 | (a) | 12/01/29 | 576,380 | ||||||||
400,000 | 4.125 | (a) | 08/15/30 | 406,000 | ||||||||
William Carter Co. (The)(a) | ||||||||||||
332,000 | 5.625 | 03/15/27 | 349,430 | |||||||||
Yum! Brands, Inc. | ||||||||||||
375,000 | 4.750 | (a) | 01/15/30 | 401,250 | ||||||||
200,000 | 3.625 | 03/15/31 | 198,000 | |||||||||
| ||||||||||||
34,424,027 | ||||||||||||
| ||||||||||||
Consumer Noncyclical - 3.9% | ||||||||||||
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC | ||||||||||||
350,000 | 3.500 | (a) | 02/15/23 | 360,062 | ||||||||
580,000 | 4.625 | (a) | 01/15/27 | 601,025 | ||||||||
728,000 | 4.875 | (a) | 02/15/30 | 760,760 | ||||||||
Allied Universal Holdco LLC / Allied Universal Finance Corp.(a) | ||||||||||||
740,000 | 6.625 | 07/15/26 | 786,250 | |||||||||
Change Healthcare Holdings LLC / Change Healthcare Finance, Inc.(a) | ||||||||||||
463,000 | 5.750 | 03/01/25 | 471,111 | |||||||||
Envision Healthcare Corp.(a) | ||||||||||||
300,000 | 8.750 | 10/15/26 | 210,000 | |||||||||
Fresh Market, Inc. (The)(a) | ||||||||||||
280,000 | 9.750 | 05/01/23 | 288,431 | |||||||||
Hologic, Inc. | ||||||||||||
250,000 | 4.625 | (a) | 02/01/28 | 261,875 | ||||||||
450,000 | 3.250 | (a) | 02/15/29 | 440,437 | ||||||||
Jaguar Holding Co. II / PPD Development LP(a) | ||||||||||||
512,000 | 5.000 | 06/15/28 | 554,880 | |||||||||
MEDNAX, Inc.(a) | ||||||||||||
230,000 | 6.250 | 01/15/27 | 244,663 | |||||||||
Molina Healthcare, Inc. | ||||||||||||
250,000 | 5.375 | 11/15/22 | 262,500 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Molina Healthcare, Inc. – (continued) | ||||||||||||
$ | 250,000 | 4.375 | %(a) | 06/15/28 | $ 258,438 | |||||||
Organon Finance 1 LLC | ||||||||||||
400,000 | 4.125 | (a) | 04/30/28 | 404,000 | ||||||||
400,000 | 5.125 | (a) | 04/30/31 | 409,750 | ||||||||
RegionalCare Hospital Partners Holdings, Inc. / LifePoint Health, Inc.(a) | ||||||||||||
520,000 | 9.750 | 12/01/26 | 562,250 | |||||||||
Rite Aid Corp. | ||||||||||||
262,000 | 7.500 | (a) | 07/01/25 | 272,480 | ||||||||
268,000 | 8.000 | (a) | 11/15/26 | 279,725 | ||||||||
Teleflex, Inc. | ||||||||||||
616,000 | 4.625 | 11/15/27 | 656,040 | |||||||||
Vector Group Ltd.(a) | ||||||||||||
550,000 | 5.750 | 02/01/29 | 556,875 | |||||||||
| ||||||||||||
8,641,552 | ||||||||||||
| ||||||||||||
Consumer Products - 0.9% | ||||||||||||
Edgewell Personal Care Co.(a) | ||||||||||||
450,000 | 5.500 | 06/01/28 | 478,688 | |||||||||
Energizer Holdings, Inc.(a) | ||||||||||||
360,000 | 4.375 | 03/31/29 | 356,805 | |||||||||
Mattel, Inc.(a) | ||||||||||||
368,000 | 5.875 | 12/15/27 | 405,720 | |||||||||
Newell Brands, Inc. | ||||||||||||
107,000 | 4.350 | 04/01/23 | 112,511 | |||||||||
471,000 | 4.700 | 04/01/26 | 530,206 | |||||||||
| ||||||||||||
1,883,930 | ||||||||||||
| ||||||||||||
Distribution & Logistics - 0.2% | ||||||||||||
IAA, Inc.(a) | ||||||||||||
345,000 | 5.500 | 06/15/27 | 363,975 | |||||||||
| ||||||||||||
Distributors - 0.2% | ||||||||||||
KAR Auction Services, Inc.(a) | ||||||||||||
475,000 | 5.125 | 06/01/25 | 487,469 | |||||||||
| ||||||||||||
Electric - 3.7% | ||||||||||||
Calpine Corp. | ||||||||||||
500,000 | 4.625 | (a) | 02/01/29 | 489,840 | ||||||||
530,000 | 5.000 | (a) | 02/01/31 | 515,695 | ||||||||
450,000 | 3.750 | (a) | 03/01/31 | 425,250 | ||||||||
Clearway Energy Operating LLC(a) | ||||||||||||
400,000 | 3.750 | 02/15/31 | 388,000 | |||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Electric – (continued) | ||||||||||||
FirstEnergy Corp. | ||||||||||||
$ | 500,000 | 2.650 | % | 03/01/30 | $ 487,087 | |||||||
FirstEnergy Corp., Series B | ||||||||||||
500,000 | 2.250 | 09/01/30 | 471,558 | |||||||||
FirstEnergy Corp., Series C | ||||||||||||
350,000 | 7.375 | 11/15/31 | 468,690 | |||||||||
NextEra Energy Operating Partners LP(a) | ||||||||||||
349,000 | 4.500 | 09/15/27 | 378,665 | |||||||||
NRG Energy, Inc. | ||||||||||||
170,000 | 7.250 | 05/15/26 | 176,199 | |||||||||
271,000 | 6.625 | 01/15/27 | 280,993 | |||||||||
521,000 | 5.250 | (a) | 06/15/29 | 552,260 | ||||||||
PG&E Corp. | ||||||||||||
500,000 | 5.000 | 07/01/28 | 500,020 | |||||||||
350,000 | 5.250 | 07/01/30 | 355,043 | |||||||||
Talen Energy Supply LLC | ||||||||||||
568,000 | 10.500 | (a) | 01/15/26 | 522,560 | ||||||||
330,000 | 7.250 | (a) | 05/15/27 | 338,250 | ||||||||
TerraForm Power Operating LLC | ||||||||||||
8,000 | 4.250 | (a) | 01/31/23 | 8,240 | ||||||||
730,000 | 4.750 | (a) | 01/15/30 | 749,162 | ||||||||
Vistra Operations Co. LLC | ||||||||||||
250,000 | 5.500 | (a) | 09/01/26 | 258,363 | ||||||||
350,000 | 5.625 | (a) | 02/15/27 | 364,000 | ||||||||
350,000 | 5.000 | (a) | 07/31/27 | 358,750 | ||||||||
| ||||||||||||
8,088,625 | ||||||||||||
| ||||||||||||
Energy – 12.6% | ||||||||||||
Antero Midstream Partners LP / Antero Midstream Finance Corp. | ||||||||||||
765,000 | 5.750 | (a) | 03/01/27 | 789,862 | ||||||||
327,000 | 5.750 | (a) | 01/15/28 | 337,628 | ||||||||
Antero Resources Corp. | ||||||||||||
168,000 | 5.000 | 03/01/25 | 172,410 | |||||||||
300,000 | 7.625 | (a) | 02/01/29 | 330,750 | ||||||||
Apache Corp. | ||||||||||||
500,000 | 4.625 | 11/15/25 | 531,875 | |||||||||
Archrock Partners LP / Archrock Partners Finance Corp.(a) | ||||||||||||
650,000 | 6.875 | 04/01/27 | 692,250 | |||||||||
Buckeye Partners LP | ||||||||||||
820,000 | 3.950 | 12/01/26 | 835,378 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Buckeye Partners LP – (continued) | ||||||||||||
$ | 140,000 | 4.125 | % | 12/01/27 | $ 139,717 | |||||||
180,000 | 4.500 | (a) | 03/01/28 | 180,450 | ||||||||
Cheniere Energy Partners LP | ||||||||||||
790,000 | 5.625 | 10/01/26 | 822,094 | |||||||||
700,000 | 4.500 | 10/01/29 | 739,812 | |||||||||
Cheniere Energy, Inc.(a) | ||||||||||||
850,000 | 4.625 | 10/15/28 | 896,750 | |||||||||
CNX Resources Corp.(a) | ||||||||||||
180,000 | 6.000 | 01/15/29 | 192,600 | |||||||||
Comstock Resources, Inc. | ||||||||||||
275,000 | 9.750 | 08/15/26 | 298,719 | |||||||||
250,000 | 6.750 | (a) | 03/01/29 | 262,500 | ||||||||
Continental Resources, Inc. | ||||||||||||
271,000 | 4.500 | 04/15/23 | 283,195 | |||||||||
400,000 | 3.800 | 06/01/24 | 419,750 | |||||||||
550,000 | 4.375 | 01/15/28 | 599,500 | |||||||||
CrownRock LP / CrownRock Finance, Inc.(a) | ||||||||||||
423,000 | 5.625 | 10/15/25 | 437,276 | |||||||||
DCP Midstream Operating LP | ||||||||||||
250,000 | 5.375 | 07/15/25 | 274,375 | |||||||||
450,000 | 5.625 | 07/15/27 | 495,000 | |||||||||
Endeavor Energy Resources LP / EER Finance, Inc. | ||||||||||||
529,000 | 5.500 | (a) | 01/30/26 | 548,176 | ||||||||
400,000 | 5.750 | (a) | 01/30/28 | 425,000 | ||||||||
EnLink Midstream LLC | ||||||||||||
825,000 | 5.375 | 06/01/29 | 834,086 | |||||||||
EnLink Midstream Partners LP | ||||||||||||
570,000 | 4.850 | 07/15/26 | 578,994 | |||||||||
EQM Midstream Partners LP | ||||||||||||
268,000 | 4.750 | 07/15/23 | 279,725 | |||||||||
490,000 | 4.000 | 08/01/24 | 500,412 | |||||||||
487,000 | 5.500 | 07/15/28 | 521,090 | |||||||||
340,000 | 4.750 | (a) | 01/15/31 | 343,825 | ||||||||
EQT Corp. | ||||||||||||
180,000 | 7.625 | 02/01/25 | 211,050 | |||||||||
1,100,000 | 3.900 | 10/01/27 | 1,179,750 | |||||||||
Hilcorp Energy I LP / Hilcorp Finance Co.(a) | ||||||||||||
540,000 | 6.250 | 11/01/28 | 568,350 | |||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Laredo Petroleum, Inc. | ||||||||||||
$ | 200,000 | 10.125 | % | 01/15/28 | $ 214,000 | |||||||
Moss Creek Resources Holdings, Inc. | ||||||||||||
159,000 | 7.500 | (a) | 01/15/26 | 142,702 | ||||||||
275,000 | 10.500 | (a) | 05/15/27 | 261,938 | ||||||||
Nabors Industries Ltd.(a) | ||||||||||||
100,000 | 7.250 | 01/15/26 | 87,500 | |||||||||
Nabors Industries, Inc. | ||||||||||||
200,000 | 5.750 | 02/01/25 | 165,891 | |||||||||
New Fortress Energy, Inc.(a) | ||||||||||||
600,000 | 6.500 | 09/30/26 | 604,500 | |||||||||
Occidental Petroleum Corp. | ||||||||||||
500,000 | 2.700 | 08/15/22 | 503,094 | |||||||||
500,000 | 6.950 | 07/01/24 | 556,794 | |||||||||
1,000,000 | 3.400 | 04/15/26 | 980,766 | |||||||||
Parsley Energy LLC / Parsley Finance Corp.(a) | ||||||||||||
200,000 | 5.625 | 10/15/27 | 217,250 | |||||||||
Range Resources Corp. | ||||||||||||
280,000 | 4.875 | 05/15/25 | 287,000 | |||||||||
170,000 | 9.250 | 02/01/26 | 187,850 | |||||||||
430,000 | 8.250 | (a) | 01/15/29 | 478,375 | ||||||||
SM Energy Co. | ||||||||||||
300,000 | 10.000 | (a) | 01/15/25 | 340,500 | ||||||||
100,000 | 6.750 | 09/15/26 | 100,250 | |||||||||
100,000 | 6.625 | 01/15/27 | 99,500 | |||||||||
Southwestern Energy Co. | ||||||||||||
200,000 | 7.500 | 04/01/26 | 211,125 | |||||||||
150,000 | 7.750 | 10/01/27 | 163,125 | |||||||||
Sunoco LP / Sunoco Finance Corp. | ||||||||||||
320,000 | 5.500 | 02/15/26 | 329,800 | |||||||||
990,000 | 6.000 | 04/15/27 | 1,037,025 | |||||||||
Targa Resources Partners LP / Targa Resources Partners Finance Corp. | ||||||||||||
350,000 | 5.875 | 04/15/26 | 366,187 | |||||||||
250,000 | 5.375 | 02/01/27 | 261,250 | |||||||||
250,000 | 5.500 | 03/01/30 | 270,000 | |||||||||
750,000 | 4.875 | (a) | 02/01/31 | 780,938 | ||||||||
Transocean, Inc.(a) | ||||||||||||
563,000 | 11.500 | 01/30/27 | 562,296 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
USA Compression Partners LP / USA Compression Finance Corp. | ||||||||||||
$ | 450,000 | 6.875 | % | 04/01/26 | $ 471,375 | |||||||
Weatherford International Ltd.(a) | ||||||||||||
715,000 | 11.000 | 12/01/24 | 725,725 | |||||||||
Western Midstream Operating LP | ||||||||||||
1,130,000 | 4.650 | 07/01/26 | 1,209,100 | |||||||||
300,000 | 5.300 | 02/01/30 | 332,250 | |||||||||
| ||||||||||||
27,670,455 | ||||||||||||
| ||||||||||||
Financial Company – 4.2% | ||||||||||||
Ally Financial, Inc. | ||||||||||||
300,000 | 5.750 | 11/20/25 | 346,021 | |||||||||
Compass Group Diversified Holdings LLC(a) | ||||||||||||
300,000 | 5.250 | 04/15/29 | 310,125 | |||||||||
HUB International Ltd.(a) | ||||||||||||
481,000 | 7.000 | 05/01/26 | 500,841 | |||||||||
Icahn Enterprises LP / Icahn Enterprises Finance Corp. | ||||||||||||
350,000 | 6.750 | 02/01/24 | 357,039 | |||||||||
386,000 | 6.375 | 12/15/25 | 399,170 | |||||||||
930,000 | 5.250 | 05/15/27 | 957,900 | |||||||||
LD Holdings Group LLC(a) | ||||||||||||
200,000 | 6.125 | 04/01/28 | 198,625 | |||||||||
Nationstar Mortgage Holdings, Inc. | ||||||||||||
400,000 | 6.000 | (a) | 01/15/27 | 413,500 | ||||||||
350,000 | 5.500 | (a) | 08/15/28 | 347,439 | ||||||||
Navient Corp. | ||||||||||||
132,000 | 7.250 | 09/25/23 | 145,270 | |||||||||
106,000 | 5.875 | 10/25/24 | 112,886 | |||||||||
159,000 | 6.750 | 06/25/25 | 175,370 | |||||||||
374,000 | 6.750 | 06/15/26 | 411,791 | |||||||||
Navient Corp., MTN | ||||||||||||
160,000 | 6.125 | 03/25/24 | 171,333 | |||||||||
250,000 | 5.625 | 08/01/33 | 242,197 | |||||||||
NFP Corp.(a) | ||||||||||||
600,000 | 6.875 | 08/15/28 | 621,750 | |||||||||
OneMain Finance Corp. | ||||||||||||
240,000 | 6.125 | 05/15/22 | 250,050 | |||||||||
92,000 | 5.625 | 03/15/23 | 97,578 | |||||||||
310,000 | 6.125 | 03/15/24 | 334,800 | |||||||||
164,000 | 6.875 | 03/15/25 | 186,140 | |||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Financial Company – (continued) | ||||||||||||
OneMain Finance Corp. – (continued) | ||||||||||||
$ | 422,000 | 7.125 | % | 03/15/26 | $ 491,630 | |||||||
240,000 | 6.625 | 01/15/28 | 272,700 | |||||||||
460,000 | 5.375 | 11/15/29 | 491,625 | |||||||||
Quicken Loans LLC(a) | ||||||||||||
392,000 | 5.250 | 01/15/28 | 409,985 | |||||||||
Quicken Loans LLC / Quicken Loans Co.-Issuer, Inc.(a) | ||||||||||||
550,000 | 3.875 | 03/01/31 | 540,766 | |||||||||
United Wholesale Mortgage LLC(a) | ||||||||||||
450,000 | 5.500 | 04/15/29 | 445,500 | |||||||||
| ||||||||||||
9,232,031 | ||||||||||||
| ||||||||||||
Food and Beverage - 1.8% | ||||||||||||
Aramark Services, Inc. | ||||||||||||
250,000 | 4.750 | 06/01/26 | 255,938 | |||||||||
450,000 | 5.000 | (a) | 02/01/28 | 466,875 | ||||||||
B&G Foods, Inc. | ||||||||||||
425,000 | 5.250 | 09/15/27 | 442,531 | |||||||||
Herbalife Nutrition Ltd / HLF Financing, Inc.(a) | ||||||||||||
10,000 | 7.875 | 09/01/25 | 10,913 | |||||||||
Lamb Weston Holdings, Inc. | ||||||||||||
300,000 | 4.625 | (a) | 11/01/24 | 310,875 | ||||||||
383,000 | 4.875 | (a) | 11/01/26 | 397,841 | ||||||||
Pilgrim’s Pride Corp.(a) | ||||||||||||
208,000 | 5.875 | 09/30/27 | 221,780 | |||||||||
Post Holdings, Inc. | ||||||||||||
537,000 | 5.750 | (a) | 03/01/27 | 565,192 | ||||||||
489,000 | 5.500 | (a) | 12/15/29 | 525,064 | ||||||||
300,000 | 4.625 | (a) | 04/15/30 | 302,827 | ||||||||
300,000 | 4.500 | (a) | 09/15/31 | 297,750 | ||||||||
US Foods, Inc.(a) | ||||||||||||
200,000 | 4.750 | 02/15/29 | 199,500 | |||||||||
| ||||||||||||
3,997,086 | ||||||||||||
| ||||||||||||
Hardware - 1.5% | ||||||||||||
Avaya, Inc.(a) | ||||||||||||
250,000 | 6.125 | 09/15/28 | 266,250 | |||||||||
CDW LLC / CDW Finance Corp. | ||||||||||||
413,000 | 5.500 | 12/01/24 | 462,044 | |||||||||
CommScope Technologies LLC(a) | ||||||||||||
478,000 | 6.000 | 06/15/25 | 486,596 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Hardware – (continued) | ||||||||||||
CommScope, Inc. | ||||||||||||
$ | 250,000 | 5.500 | %(a) | 03/01/24 | $ 258,750 | |||||||
400,000 | 6.000 | (a) | 03/01/26 | 423,000 | ||||||||
520,000 | 8.250 | (a) | 03/01/27 | 557,700 | ||||||||
NCR Corp. | ||||||||||||
329,000 | 6.125 | (a) | 09/01/29 | 357,787 | ||||||||
450,000 | 5.250 | (a) | 10/01/30 | 468,563 | ||||||||
| ||||||||||||
3,280,690 | ||||||||||||
| ||||||||||||
Healthcare - 6.0% | ||||||||||||
Charles River Laboratories International, Inc.(a) | ||||||||||||
250,000 | 4.250 | 05/01/28 | 258,750 | |||||||||
CHS/Community Health Systems, Inc. | ||||||||||||
567,000 | 8.000 | (a) | 03/15/26 | 609,525 | ||||||||
300,000 | 5.625 | (a) | 03/15/27 | 315,750 | ||||||||
90,000 | 8.000 | (a) | 12/15/27 | 99,225 | ||||||||
600,000 | 6.875 | (a) | 04/01/28 | 579,750 | ||||||||
330,000 | 6.875 | (a) | 04/15/29 | 339,075 | ||||||||
210,000 | 4.750 | (a) | 02/15/31 | 207,112 | ||||||||
DaVita, Inc. | ||||||||||||
890,000 | 4.625 | (a) | 06/01/30 | 910,025 | ||||||||
200,000 | 3.750 | (a) | 02/15/31 | 192,500 | ||||||||
Encompass Health Corp. | ||||||||||||
400,000 | 4.750 | 02/01/30 | 422,000 | |||||||||
HCA, Inc. | ||||||||||||
409,000 | 5.375 | 02/01/25 | 458,080 | |||||||||
320,000 | 5.875 | 02/15/26 | 366,400 | |||||||||
350,000 | 5.375 | 09/01/26 | 398,563 | |||||||||
460,000 | 5.625 | 09/01/28 | 537,625 | |||||||||
420,000 | 5.875 | 02/01/29 | 495,075 | |||||||||
710,000 | 3.500 | 09/01/30 | 732,187 | |||||||||
IQVIA, Inc.(a) | ||||||||||||
400,000 | 5.000 | 05/15/27 | 420,500 | |||||||||
Legacy LifePoint Health LLC(a) | ||||||||||||
371,000 | 4.375 | 02/15/27 | 371,000 | |||||||||
MPH Acquisition Holdings LLC(a) | ||||||||||||
400,000 | 5.750 | 11/01/28 | 399,000 | |||||||||
Select Medical Corp.(a) | ||||||||||||
340,000 | 6.250 | 08/15/26 | 360,400 | |||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Healthcare – (continued) | ||||||||||||
Service Corp. International | ||||||||||||
$ | 125,000 | 4.625 | % | 12/15/27 | $ 132,500 | |||||||
500,000 | 3.375 | 08/15/30 | 486,250 | |||||||||
Tenet Healthcare Corp. | ||||||||||||
615,000 | 4.625 | 07/15/24 | 622,088 | |||||||||
400,000 | 4.625 | (a) | 09/01/24 | 409,750 | ||||||||
400,000 | 5.125 | 05/01/25 | 406,004 | |||||||||
637,000 | 4.875 | (a) | 01/01/26 | 660,887 | ||||||||
300,000 | 6.250 | (a) | 02/01/27 | 314,250 | ||||||||
663,000 | 5.125 | (a) | 11/01/27 | 693,664 | ||||||||
650,000 | 4.625 | (a) | 06/15/28 | 667,875 | ||||||||
250,000 | 6.125 | (a) | 10/01/28 | 261,563 | ||||||||
| ||||||||||||
13,127,373 | ||||||||||||
| ||||||||||||
Insurance - 0.8% | ||||||||||||
Acrisure LLC / Acrisure Finance, Inc.(a) | ||||||||||||
435,000 | 7.000 | 11/15/25 | 444,374 | |||||||||
Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer(a) | ||||||||||||
1,090,000 | 4.250 | 10/15/27 | 1,088,638 | |||||||||
Radian Group, Inc. | ||||||||||||
300,000 | 4.875 | 03/15/27 | 321,000 | |||||||||
| ||||||||||||
1,854,012 | ||||||||||||
| ||||||||||||
Metals - 1.1% | ||||||||||||
Arconic Corp.(a) | ||||||||||||
300,000 | 6.125 | 02/15/28 | 320,250 | |||||||||
Novelis Corp. | ||||||||||||
580,000 | 5.875 | (a) | 09/30/26 | 603,249 | ||||||||
546,000 | 4.750 | (a) | 01/30/30 | 575,348 | ||||||||
U.S. Steel Corp. | ||||||||||||
700,000 | 6.875 | 03/01/29 | 735,000 | |||||||||
United States Steel Corp. | ||||||||||||
250,000 | 6.250 | 03/15/26 | 256,250 | |||||||||
| ||||||||||||
2,490,097 | ||||||||||||
| ||||||||||||
Mining - 0.9% | ||||||||||||
Freeport-McMoRan, Inc. | ||||||||||||
300,000 | 3.875 | 03/15/23 | 312,375 | |||||||||
452,000 | 4.550 | 11/14/24 | 491,550 | |||||||||
300,000 | 4.375 | 08/01/28 | 318,000 | |||||||||
500,000 | 4.625 | 08/01/30 | 551,250 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Mining – (continued) | ||||||||||||
Freeport-McMoRan, Inc. – (continued) | ||||||||||||
$ | 320,000 | 5.400 | % | 11/14/34 | $ 379,200 | |||||||
| ||||||||||||
2,052,375 | ||||||||||||
| ||||||||||||
Natural Gas - 1.8% | ||||||||||||
AmeriGas Partners LP / AmeriGas Finance Corp. | ||||||||||||
502,000 | 5.500 | 05/20/25 | 553,455 | |||||||||
145,000 | 5.750 | 05/20/27 | 161,312 | |||||||||
Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp. | ||||||||||||
500,000 | 5.625 | (a) | 05/01/27 | 515,000 | ||||||||
500,000 | 6.000 | (a) | 02/01/29 | 520,000 | ||||||||
Ferrellgas LP / Ferrellgas Finance Corp.(a) | ||||||||||||
275,000 | 5.375 | 04/01/26 | 269,500 | |||||||||
PBF Logistics LP / PBF Logistics Finance Corp. | ||||||||||||
71,000 | 6.875 | 05/15/23 | 70,468 | |||||||||
Rockies Express Pipeline LLC(a) | ||||||||||||
600,000 | 4.950 | 07/15/29 | 615,000 | |||||||||
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. | ||||||||||||
46,000 | 5.500 | (a) | 09/15/24 | 46,690 | ||||||||
500,000 | 6.000 | (a) | 03/01/27 | 513,750 | ||||||||
720,000 | 5.500 | (a) | 01/15/28 | 730,800 | ||||||||
| ||||||||||||
3,995,975 | ||||||||||||
| ||||||||||||
Pharmaceuticals - 3.1% | ||||||||||||
Bausch Health Americas, Inc. | ||||||||||||
252,000 | 9.250 | (a) | 04/01/26 | 272,959 | ||||||||
677,000 | 8.500 | (a) | 01/31/27 | 726,844 | ||||||||
Bausch Health Cos., Inc. | ||||||||||||
391,000 | 7.000 | (a) | 03/15/24 | 399,368 | ||||||||
569,000 | 6.125 | (a) | 04/15/25 | 581,871 | ||||||||
462,000 | 5.500 | (a) | 11/01/25 | 474,937 | ||||||||
550,000 | 9.000 | (a) | 12/15/25 | 590,147 | ||||||||
336,000 | 5.750 | (a) | 08/15/27 | 352,074 | ||||||||
542,000 | 7.000 | (a) | 01/15/28 | 557,070 | ||||||||
747,000 | 6.250 | (a) | 02/15/29 | 733,504 | ||||||||
273,000 | 7.250 | (a) | 05/30/29 | 282,469 | ||||||||
310,000 | 5.250 | (a) | 01/30/30 | 285,588 | ||||||||
Endo Dac / Endo Finance LLC / Endo Finco, Inc. | ||||||||||||
300,000 | 9.500 | (a) | 07/31/27 | 306,750 | ||||||||
946,000 | 6.000 | (a) | 06/30/28 | 657,470 | ||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Pharmaceuticals – (continued) | ||||||||||||
Par Pharmaceutical, Inc.(a) | ||||||||||||
$ | 536,000 | 7.500 | % | 04/01/27 | $ 549,400 | |||||||
| ||||||||||||
6,770,451 | ||||||||||||
| ||||||||||||
REITs and Real Estate - 0.8% | ||||||||||||
Diversified Healthcare Trust | ||||||||||||
358,000 | 9.750 | 06/15/25 | 397,913 | |||||||||
100,000 | 4.375 | 03/01/31 | 94,568 | |||||||||
iStar, Inc. | ||||||||||||
370,000 | 4.750 | 10/01/24 | 387,018 | |||||||||
Kennedy-Wilson, Inc. | ||||||||||||
250,000 | 5.000 | 03/01/31 | 256,094 | |||||||||
Realogy Group LLC / Realogy Co.-Issuer Corp. | ||||||||||||
340,000 | 4.875 | (a) | 06/01/23 | 355,300 | ||||||||
150,000 | 9.375 | (a) | 04/01/27 | 167,250 | ||||||||
| ||||||||||||
1,658,143 | ||||||||||||
| ||||||||||||
Rental Equipment - 1.2% | ||||||||||||
Avis Budget Car Rental LLC / Avis Budget Finance, Inc.(a) | ||||||||||||
550,000 | 5.375 | 03/01/29 | 573,375 | |||||||||
H&E Equipment Services, Inc.(a) | ||||||||||||
250,000 | 3.875 | 12/15/28 | 242,187 | |||||||||
United Rentals North America, Inc. | ||||||||||||
250,000 | 5.875 | 09/15/26 | 259,743 | |||||||||
260,000 | 5.500 | 05/15/27 | 274,818 | |||||||||
400,000 | 4.875 | 01/15/28 | 423,500 | |||||||||
335,000 | 5.250 | 01/15/30 | 366,825 | |||||||||
530,000 | 3.875 | 02/15/31 | 535,156 | |||||||||
| ||||||||||||
2,675,604 | ||||||||||||
| ||||||||||||
Software - 1.2% | ||||||||||||
Banff Merger Sub, Inc.(a) | ||||||||||||
575,000 | 9.750 | 09/01/26 | 610,937 | |||||||||
Black Knight InfoServ LLC(a) | ||||||||||||
250,000 | 3.625 | 09/01/28 | 245,938 | |||||||||
Gartner, Inc.(a) | ||||||||||||
373,000 | 4.500 | 07/01/28 | 393,515 | |||||||||
MSCI, Inc.(a) | ||||||||||||
530,000 | 4.000 | 11/15/29 | 552,525 | |||||||||
Solera LLC / Solera Finance, Inc.(a) | ||||||||||||
220,000 | 10.500 | 03/01/24 | 225,777 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Software – (continued) | ||||||||||||
SS&C Technologies, Inc.(a) | ||||||||||||
$ | 650,000 | 5.500 | % | 09/30/27 | $ 690,625 | |||||||
| ||||||||||||
2,719,317 | ||||||||||||
| ||||||||||||
Technology - 3.3% | ||||||||||||
Arches Buyer, Inc. | ||||||||||||
100,000 | 4.250 | (a) | 06/01/28 | 98,500 | ||||||||
360,000 | 6.125 | (a) | 12/01/28 | 368,550 | ||||||||
CDK Global, Inc. | ||||||||||||
84,000 | 4.875 | 06/01/27 | 88,830 | |||||||||
230,000 | 5.250 | (a) | 05/15/29 | 249,262 | ||||||||
Dell International LLC / EMC Corp.(a) | ||||||||||||
366,000 | 7.125 | 06/15/24 | 373,320 | |||||||||
Diebold Nixdorf, Inc.(a) | ||||||||||||
235,000 | 9.375 | 07/15/25 | 261,731 | |||||||||
Exela Intermediate LLC / Exela Finance, Inc.(a) | ||||||||||||
200,000 | 10.000 | 07/15/23 | 70,500 | |||||||||
Go Daddy Operating Co. LLC / GD Finance Co., Inc.(a) | ||||||||||||
100,000 | 3.500 | 03/01/29 | 96,875 | |||||||||
Imola Merger Corp.(a) | ||||||||||||
690,000 | 4.750 | 05/15/29 | 700,350 | |||||||||
Match Group Holdings II LLC | ||||||||||||
214,000 | 4.625 | (a) | 06/01/28 | 219,618 | ||||||||
450,000 | 4.125 | (a) | 08/01/30 | 448,312 | ||||||||
Microchip Technology, Inc.(a) | ||||||||||||
639,000 | 4.250 | 09/01/25 | 670,982 | |||||||||
Seagate HDD Cayman | ||||||||||||
640,000 | 4.750 | 06/01/23 | 685,600 | |||||||||
350,000 | 3.375 | (a) | 07/15/31 | 333,375 | ||||||||
350,000 | 5.750 | 12/01/34 | 394,625 | |||||||||
Tempo Acquisition LLC / Tempo Acquisition Finance Corp.(a) | ||||||||||||
230,000 | 6.750 | 06/01/25 | 233,506 | |||||||||
Uber Technologies, Inc. | ||||||||||||
350,000 | 7.500 | (a) | 05/15/25 | 378,875 | ||||||||
330,000 | 8.000 | (a) | 11/01/26 | 358,463 | ||||||||
276,000 | 7.500 | (a) | 09/15/27 | 303,600 | ||||||||
Verscend Escrow Corp.(a) | ||||||||||||
303,000 | 9.750 | 08/15/26 | 321,559 | |||||||||
Xerox Corp. | ||||||||||||
180,000 | 4.375 | 03/15/23 | 187,248 | |||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Technology – (continued) | ||||||||||||
Xerox Holdings Corp.(a) | ||||||||||||
$ | 400,000 | 5.500 | % | 08/15/28 | $ 415,000 | |||||||
| ||||||||||||
7,258,681 | ||||||||||||
| ||||||||||||
Transportation - 1.9% | ||||||||||||
American Airlines, Inc./AAdvantage Loyalty IP Ltd.(a) | ||||||||||||
1,500,000 | 5.500 | 04/20/26 | 1,600,377 | |||||||||
United Airlines, Inc. | ||||||||||||
400,000 | 4.375 | (a) | 04/15/26 | 415,737 | ||||||||
1,050,000 | 4.625 | (a) | 04/15/29 | 1,091,852 | ||||||||
XPO Logistics, Inc. | ||||||||||||
170,000 | 6.750 | (a) | 08/15/24 | 178,075 | ||||||||
749,000 | 6.250 | (a) | 05/01/25 | 802,366 | ||||||||
| ||||||||||||
4,088,407 | ||||||||||||
| ||||||||||||
Wireless - 3.7% | ||||||||||||
Ligado Networks LLC(a)(b) (PIK) | ||||||||||||
540,472 | 15.500 | 11/01/23 | 540,472 | |||||||||
SBA Communications Corp. | ||||||||||||
200,000 | 4.875 | 09/01/24 | 204,250 | |||||||||
496,000 | 3.875 | 02/15/27 | 507,851 | |||||||||
250,000 | 3.125 | (a) | 02/01/29 | 240,000 | ||||||||
Sprint Capital Corp. | ||||||||||||
695,000 | 6.875 | 11/15/28 | 870,488 | |||||||||
520,000 | 8.750 | 03/15/32 | 772,200 | |||||||||
Sprint Communications, Inc. | ||||||||||||
260,000 | 6.000 | 11/15/22 | 276,575 | |||||||||
Sprint Corp. | ||||||||||||
687,000 | 7.875 | 09/15/23 | 778,886 | |||||||||
345,000 | 7.125 | 06/15/24 | 398,475 | |||||||||
488,000 | 7.625 | 02/15/25 | 577,670 | |||||||||
412,000 | 7.625 | 03/01/26 | 502,121 | |||||||||
T-Mobile USA, Inc. | ||||||||||||
115,000 | 5.375 | 04/15/27 | 121,900 | |||||||||
870,000 | 4.750 | 02/01/28 | 929,098 | |||||||||
250,000 | 3.375 | 04/15/29 | 255,505 | |||||||||
250,000 | 2.875 | 02/15/31 | 242,701 | |||||||||
350,000 | 3.500 | 04/15/31 | 357,438 | |||||||||
Viasat, Inc. | ||||||||||||
225,000 | 5.625 | (a) | 04/15/27 | 236,531 | ||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Wireless – (continued) | ||||||||||||
Viasat, Inc. – (continued) | ||||||||||||
$ | 320,000 | 6.500 | %(a) | 07/15/28 | $ 339,200 | |||||||
| ||||||||||||
8,151,361 | ||||||||||||
| ||||||||||||
Wirelines - 2.2% | ||||||||||||
Consolidated Communications, Inc.(a) | ||||||||||||
100,000 | 6.500 | 10/01/28 | 108,625 | |||||||||
Frontier Communications Holdings LLC | ||||||||||||
300,000 | 5.875 | (a) | 10/15/27 | 319,312 | ||||||||
400,000 | 5.000 | (a) | 05/01/28 | 410,000 | ||||||||
500,000 | 6.750 | (a) | 05/01/29 | 523,125 | ||||||||
Level 3 Financing, Inc.(a) | ||||||||||||
490,000 | 4.250 | 07/01/28 | 493,063 | |||||||||
Lumen Technologies, Inc.(a) | ||||||||||||
500,000 | 4.500 | 01/15/29 | 486,250 | |||||||||
Uniti Group LP / Uniti Fiber Holdings, Inc. / CSL Capital LLC | ||||||||||||
460,000 | 7.125 | (a) | 12/15/24 | 473,800 | ||||||||
350,000 | 7.875 | (a) | 02/15/25 | 374,937 | ||||||||
Uniti Group LP / Uniti Group Finance, Inc. / CSL Capital LLC(a) | ||||||||||||
250,000 | 6.500 | 02/15/29 | 248,125 | |||||||||
Windstream Escrow LLC / Windstream Escrow Finance Corp.(a) | ||||||||||||
350,000 | 7.750 | 08/15/28 | 358,750 | |||||||||
Zayo Group Holdings, Inc. | ||||||||||||
596,000 | 4.000 | (a) | 03/01/27 | 586,315 | ||||||||
473,000 | 6.125 | (a) | 03/01/28 | 481,869 | ||||||||
| ||||||||||||
4,864,171 | ||||||||||||
| ||||||||||||
TOTAL CORPORATE OBLIGATIONS | ||||||||||||
(Cost $199,888,837) | $ 204,249,944 | |||||||||||
| ||||||||||||
Foreign Corporate Debt - 4.7% | ||||||||||||
Aerospace & Defense - 0.6% | ||||||||||||
Bombardier, Inc. (Canada) | ||||||||||||
$ | 400,000 | 7.500 | %(a) | 12/01/24 | $ 413,500 | |||||||
300,000 | 7.500 | (a) | 03/15/25 | 303,000 | ||||||||
600,000 | 7.875 | (a) | 04/15/27 | 611,250 | ||||||||
| ||||||||||||
1,327,750 | ||||||||||||
| ||||||||||||
Basic Industry - 0.5% | ||||||||||||
Methanex Corp. (Canada) | ||||||||||||
350,000 | 5.250 | 12/15/29 | 366,539 | |||||||||
NOVA Chemicals Corp. (Canada) | ||||||||||||
217,000 | 5.000 | (a) | 05/01/25 | 232,421 | ||||||||
|
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Basic Industry – (continued) | ||||||||||||
NOVA Chemicals Corp. (Canada) – (continued) | ||||||||||||
$ | 500,000 | 5.250 | %(a) | 06/01/27 | $ 540,625 | |||||||
| ||||||||||||
1,139,585 | ||||||||||||
| ||||||||||||
Capital Goods - 0.2% | ||||||||||||
GFL Environmental, Inc. (Canada) | ||||||||||||
260,000 | 3.750 | (a) | 08/01/25 | 267,150 | ||||||||
200,000 | 3.500 | (a) | 09/01/28 | 195,000 | ||||||||
| ||||||||||||
462,150 | ||||||||||||
| ||||||||||||
Communications - 0.2% | ||||||||||||
Videotron Ltd.(a) (Canada) | ||||||||||||
550,000 | 5.125 | 04/15/27 | 575,438 | |||||||||
Consumer Cyclical - 1.3% | ||||||||||||
1011778 BC ULC / New Red Finance, Inc. (Canada) | ||||||||||||
144,000 | 4.250 | (a) | 05/15/24 | 146,340 | ||||||||
349,000 | 3.875 | (a) | 01/15/28 | 350,745 | ||||||||
510,000 | 4.375 | (a) | 01/15/28 | 516,375 | ||||||||
350,000 | 3.500 | (a) | 02/15/29 | 343,875 | ||||||||
450,000 | 4.000 | (a) | 10/15/30 | 437,625 | ||||||||
Brookfield Residential Properties, Inc. / Brookfield Residential US LLC(a) (Canada) | ||||||||||||
300,000 | 6.250 | 09/15/27 | 317,738 | |||||||||
Garda World Security Corp. (Canada) | ||||||||||||
150,000 | 4.625 | (a) | 02/15/27 | 151,125 | ||||||||
155,000 | 9.500 | (a) | 11/01/27 | 172,290 | ||||||||
Mattamy Group Corp. (Canada) | ||||||||||||
270,000 | 5.250 | (a) | 12/15/27 | 282,219 | ||||||||
60,000 | 4.625 | (a) | 03/01/30 | 60,450 | ||||||||
| ||||||||||||
2,778,782 | ||||||||||||
| ||||||||||||
Energy - 0.3% | ||||||||||||
MEG Energy Corp. (Canada) | ||||||||||||
297,000 | 6.500 | (a) | 01/15/25 | 308,137 | ||||||||
250,000 | 7.125 | (a) | 02/01/27 | 268,750 | ||||||||
| ||||||||||||
576,887 | ||||||||||||
| ||||||||||||
Food - 0.1% | ||||||||||||
NBM US Holdings, Inc.(a) (Brazil) | ||||||||||||
200,000 | 7.000 | 05/14/26 | 216,000 | |||||||||
| ||||||||||||
Mining - 0.6% | ||||||||||||
First Quantum Minerals Ltd. (Zambia) | ||||||||||||
200,000 | 7.250 | (a) | 04/01/23 | 203,541 | ||||||||
361,000 | 6.500 | (a) | 03/01/24 | 368,694 | ||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Mining – (continued) | ||||||||||||
First Quantum Minerals Ltd. (Zambia) – (continued) | ||||||||||||
$ | 450,000 | 7.500 | %(a) | 04/01/25 | $ 466,406 | |||||||
250,000 | 6.875 | (a) | 03/01/26 | 261,633 | ||||||||
| ||||||||||||
1,300,274 | ||||||||||||
| ||||||||||||
Natural Gas - 0.3% | ||||||||||||
Parkland Corp.(a) (Canada) | ||||||||||||
600,000 | 5.875 | 07/15/27 | 642,229 | |||||||||
| ||||||||||||
Software - 0.4% | ||||||||||||
Open Text Corp.(a) (Canada) | ||||||||||||
420,000 | 5.875 | 06/01/26 | 433,133 | |||||||||
Open Text Holdings, Inc.(a) (Canada) | ||||||||||||
400,000 | 4.125 | 02/15/30 | 402,000 | |||||||||
| ||||||||||||
835,133 | ||||||||||||
| ||||||||||||
Wireless - 0.2% | ||||||||||||
Telesat Canada / Telesat LLC (Canada) | ||||||||||||
200,000 | 4.875 | (a) | 06/01/27 | 191,232 | ||||||||
300,000 | 6.500 | (a) | 10/15/27 | 287,224 | ||||||||
| ||||||||||||
478,456 | ||||||||||||
| ||||||||||||
TOTAL FOREIGN CORPORATE DEBT | ||||||||||||
(Cost $9,995,981) | $ 10,332,684 | |||||||||||
|
Shares | Dividend Rate | Value | ||||||
Investment Company – 1.1%(c) | ||||||||
Goldman Sachs Financial Square | ||||||||
Government Fund – Institutional Shares | ||||||||
$ | 2,412,875 | 0.026% | $ 2,412,875 | |||||
(Cost $2,412,875) | ||||||||
| ||||||||
TOTAL INVESTMENTS – 98.7% | ||||||||
(Cost $212,297,693) | $ 216,995,503 | |||||||
| ||||||||
OTHER ASSETS IN EXCESS OF | 2,965,012 | |||||||
| ||||||||
NET ASSETS - 100.0% | $ 219,960,515 | |||||||
|
The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. |
(a) | Exempt from registration under Rule 144A of the Securities Act of 1933. | |
(b) | Pay-in-kind securities. | |
(c) | Represents an affiliated issuer. |
GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
| ||
Investment Abbreviations: | ||
LP | — Limited Partnership | |
MTN | — Medium Term Note | |
REIT | — Real Estate Investment Trust | |
|
GOLDMAN SACHS ACCESS INFLATION PROTECTED USD BOND ETF
Schedule of Investments
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||
U.S. Treasury Inflation Indexed Bonds – 99.9% | ||||||||||
U.S. Treasury Inflation Indexed Bonds | ||||||||||
$ | 1,384,310 | 0.125% | 04/15/22 | $ 1,425,316 | ||||||
1,632,129 | 0.125 | 07/15/22 | 1,700,892 | |||||||
2,132,740 | 0.625 | 04/15/23 | 2,270,339 | |||||||
7,871,722 | 0.375 | 07/15/23 | 8,438,852 | |||||||
4,238,837 | 0.625 | 01/15/24 | 4,606,811 | |||||||
647,992 | 0.500 | 04/15/24 | 704,908 | |||||||
4,369,117 | 0.125 | 10/15/24 | 4,757,387 | |||||||
10,101,694 | 0.250 | 01/15/25 | 11,047,827 | |||||||
7,840,989 | 0.375 | 07/15/25 | 8,714,457 | |||||||
5,081,031 | 0.625 | 01/15/26 | 5,709,662 | |||||||
4,799,058 | 0.375 | 07/15/27 | 5,405,337 | |||||||
7,554,394 | 0.500 | 01/15/28 | 8,542,376 | |||||||
3,368,262 | 0.750 | 07/15/28 | 3,891,558 | |||||||
518,819 | 3.875 | 04/15/29 | 734,802 | |||||||
2,082,411 | 0.250 | 07/15/29 | 2,326,578 | |||||||
6,202,798 | 0.125 | 01/15/30 | 6,826,905 | |||||||
2,977,394 | 0.125 | 07/15/30 | 3,289,473 | |||||||
154,412 | 2.125 | 02/15/40 | 227,300 | |||||||
6,198,752 | 0.750 | 02/15/42 | 7,393,759 | |||||||
3,369,778 | 0.875 | 02/15/47 | 4,192,161 | |||||||
2,253,525 | 1.000 | 02/15/48 | 2,903,888 | |||||||
196,840 | 1.000 | 02/15/49 | 255,430 | |||||||
951,969 | 0.250 | 02/15/50 | 1,034,310 | |||||||
| ||||||||||
TOTAL INVESTMENTS – 99.9% | ||||||||||
(Cost $94,603,003) | $ 96,400,328 | |||||||||
| ||||||||||
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.1% | 142,822 | |||||||||
| ||||||||||
NET ASSETS - 100.0% | $ 96,543,150 | |||||||||
|
The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. |
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE 1-5 YEAR BOND ETF
Schedule of Investments
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – 77.5% | ||||||||||||
Aerospace & Defense – 0.9% | ||||||||||||
L3Harris Technologies, Inc. | ||||||||||||
$ | 55,000 | 3.850 | % | 06/15/23 | $ 58,560 | |||||||
Lockheed Martin Corp. | ||||||||||||
50,000 | 3.550 | 01/15/26 | 55,573 | |||||||||
Northrop Grumman Corp. | ||||||||||||
65,000 | 2.930 | 01/15/25 | 69,569 | |||||||||
Precision Castparts Corp. | ||||||||||||
55,000 | 3.250 | 06/15/25 | 59,907 | |||||||||
| ||||||||||||
243,609 | ||||||||||||
| ||||||||||||
Banks – 21.8% | ||||||||||||
American Express Co. | ||||||||||||
200,000 | 3.400 | 02/27/23 | 210,236 | |||||||||
55,000 | 3.700 | 08/03/23 | 58,832 | |||||||||
Bank of America Corp.(a) | ||||||||||||
(3M USD LIBOR + 0.780%) | ||||||||||||
210,000 | 3.550 | 03/05/24 | 221,685 | |||||||||
Bank of America Corp., Series L | ||||||||||||
192,000 | 3.950 | 04/21/25 | 211,355 | |||||||||
Bank of America Corp., MTN | ||||||||||||
75,000 | 4.000 | 01/22/25 | 82,676 | |||||||||
(SOFR + 1.150%) | ||||||||||||
170,000 | 1.319 | (a) | 06/19/26 | 171,010 | ||||||||
(SOFR + 1.010%) | ||||||||||||
300,000 | 1.197 | (a) | 10/24/26 | 299,172 | ||||||||
Bank of New York Mellon Corp. (The), MTN | ||||||||||||
(3M USD LIBOR + 0.634%) | ||||||||||||
260,000 | 2.661 | (a) | 05/16/23 | 266,293 | ||||||||
120,000 | 1.600 | 04/24/25 | 123,645 | |||||||||
Capital One Financial Corp. | ||||||||||||
50,000 | 3.300 | 10/30/24 | 54,039 | |||||||||
100,000 | 3.200 | 02/05/25 | 108,030 | |||||||||
Charles Schwab Corp. (The) | ||||||||||||
50,000 | 3.850 | 05/21/25 | 55,609 | |||||||||
Citigroup, Inc. | ||||||||||||
(SOFR + 1.667%) | ||||||||||||
300,000 | 1.678 | (a) | 05/15/24 | 307,381 | ||||||||
50,000 | 4.400 | 06/10/25 | 56,106 | |||||||||
(SOFR + 2.842%) | ||||||||||||
150,000 | 3.106 | (a) | 04/08/26 | 161,466 | ||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Citigroup, Inc. – (continued) | ||||||||||||
(SOFR + 0.765%) | ||||||||||||
$ | 60,000 | 1.122 | %(a) | 01/28/27 | $ 59,436 | |||||||
Fifth Third Bancorp | ||||||||||||
50,000 | 3.650 | 01/25/24 | 53,944 | |||||||||
Huntington Bancshares, Inc. | ||||||||||||
170,000 | 4.000 | 05/15/25 | 189,377 | |||||||||
JPMorgan Chase & Co. | ||||||||||||
(SOFR + 1.455%) | ||||||||||||
550,000 | 1.514 | (a) | 06/01/24 | 560,130 | ||||||||
50,000 | 3.875 | 09/10/24 | 54,852 | |||||||||
(SOFR + 1.585%) | ||||||||||||
150,000 | 2.005 | (a) | 03/13/26 | 155,359 | ||||||||
(SOFR + 1.850%) | ||||||||||||
100,000 | 2.083 | (a) | 04/22/26 | 103,692 | ||||||||
(SOFR + 0.800%) | ||||||||||||
50,000 | 1.045 | (a) | 11/19/26 | 49,500 | ||||||||
Morgan Stanley | ||||||||||||
(3M USD LIBOR + 0.847%) | ||||||||||||
340,000 | 3.737 | (a) | 04/24/24 | 360,881 | ||||||||
(SOFR + 1.990%) | ||||||||||||
150,000 | 2.188 | (a) | 04/28/26 | 157,121 | ||||||||
Morgan Stanley, GMTN | ||||||||||||
70,000 | 3.125 | 01/23/23 | 73,169 | |||||||||
Morgan Stanley(a), MTN | ||||||||||||
(SOFR + 1.152%) | ||||||||||||
250,000 | 2.720 | 07/22/25 | 265,684 | |||||||||
PNC Financial Services Group, Inc. (The) | ||||||||||||
75,000 | 3.900 | 04/29/24 | 82,055 | |||||||||
70,000 | 2.200 | 11/01/24 | 73,886 | |||||||||
Regions Financial Corp. | ||||||||||||
90,000 | 2.250 | 05/18/25 | 94,050 | |||||||||
Santander Holdings USA, Inc. | ||||||||||||
210,000 | 3.400 | 01/18/23 | 219,035 | |||||||||
State Street Corp. | ||||||||||||
(SOFR + 2.690%) | ||||||||||||
80,000 | 2.825 | (a) | 03/30/23 | 81,728 | ||||||||
(SOFR + 2.600%) | ||||||||||||
80,000 | 2.901 | (a) | 03/30/26 | 85,743 | ||||||||
Synchrony Financial | ||||||||||||
25,000 | 4.250 | 08/15/24 | 27,389 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE 1-5 YEAR BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Truist Bank(a) | ||||||||||||
(3M USD LIBOR + 0.735%) | ||||||||||||
$ | 120,000 | 3.689 | % | 08/02/24 | $ 128,461 | |||||||
Truist Financial Corp., MTN | ||||||||||||
150,000 | 2.850 | 10/26/24 | 161,373 | |||||||||
US Bank NA | ||||||||||||
250,000 | 1.950 | 01/09/23 | 256,622 | |||||||||
Wells Fargo & Co.(a) | ||||||||||||
(SOFR + 2.000%) | ||||||||||||
250,000 | 2.188 | 04/30/26 | 260,541 | |||||||||
Wells Fargo & Co.(a), MTN | ||||||||||||
(3M USD LIBOR + 0.750%) | ||||||||||||
100,000 | 2.164 | 02/11/26 | 104,401 | |||||||||
| ||||||||||||
6,045,964 | ||||||||||||
| ||||||||||||
Basic Industry – 1.3% | ||||||||||||
Celanese US Holdings LLC | ||||||||||||
45,000 | 4.625 | 11/15/22 | 47,478 | |||||||||
LYB International Finance BV | ||||||||||||
200,000 | 4.000 | 07/15/23 | 214,481 | |||||||||
Packaging Corp. of America | ||||||||||||
80,000 | 4.500 | 11/01/23 | 86,780 | |||||||||
| ||||||||||||
348,739 | ||||||||||||
| ||||||||||||
Broadcasting – 0.8% | ||||||||||||
Fox Corp. | ||||||||||||
195,000 | 4.030 | 01/25/24 | 212,113 | |||||||||
| ||||||||||||
Brokerage – 0.3% | ||||||||||||
BlackRock, Inc. | ||||||||||||
50,000 | 3.500 | 03/18/24 | 54,432 | |||||||||
Jefferies Financial Group, Inc. | ||||||||||||
30,000 | 5.500 | 10/18/23 | 32,318 | |||||||||
| ||||||||||||
86,750 | ||||||||||||
| ||||||||||||
Building Materials – 0.3% | ||||||||||||
Fortune Brands Home & Security, Inc. | ||||||||||||
80,000 | 4.000 | 09/21/23 | 86,271 | |||||||||
| ||||||||||||
Capital Goods – 2.0% | ||||||||||||
Carrier Global Corp. | ||||||||||||
35,000 | 2.242 | 02/15/25 | 36,610 | |||||||||
Caterpillar Financial Services Corp., MTN | ||||||||||||
120,000 | 2.150 | 11/08/24 | 126,375 | |||||||||
Deere & Co. | ||||||||||||
50,000 | 2.750 | 04/15/25 | 53,699 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Capital Goods – (continued) | ||||||||||||
John Deere Capital Corp., MTN | ||||||||||||
$ | 110,000 | 2.800 | % | 03/06/23 | $ 114,968 | |||||||
Parker-Hannifin Corp. | ||||||||||||
180,000 | 2.700 | 06/14/24 | 190,929 | |||||||||
Republic Services, Inc. | ||||||||||||
40,000 | 2.500 | 08/15/24 | 42,239 | |||||||||
| ||||||||||||
564,820 | ||||||||||||
| ||||||||||||
Communications – 2.5% | ||||||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital | ||||||||||||
50,000 | 4.908 | 07/23/25 | 56,893 | |||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital, Series USD | ||||||||||||
75,000 | 4.500 | 02/01/24 | 81,987 | |||||||||
Comcast Corp. | ||||||||||||
130,000 | 3.700 | 04/15/24 | 141,616 | |||||||||
90,000 | 3.150 | 03/01/26 | 98,302 | |||||||||
TWDC Enterprises 18 Corp., GMTN | ||||||||||||
20,000 | 3.150 | 09/17/25 | 21,775 | |||||||||
ViacomCBS, Inc. | ||||||||||||
75,000 | 4.750 | 05/15/25 | 85,057 | |||||||||
Walt Disney Co. (The) | ||||||||||||
110,000 | 1.750 | 08/30/24 | 113,902 | |||||||||
75,000 | 3.350 | 03/24/25 | 81,825 | |||||||||
| ||||||||||||
681,357 | ||||||||||||
| ||||||||||||
Consumer Cyclical – 8.5% | ||||||||||||
Amazon.com, Inc. | ||||||||||||
40,000 | 1.000 | 05/12/26 | 40,030 | |||||||||
American Honda Finance Corp., MTN | ||||||||||||
50,000 | 1.200 | 07/08/25 | 50,552 | |||||||||
AutoNation, Inc. | ||||||||||||
75,000 | 3.500 | 11/15/24 | 81,075 | |||||||||
Dollar Tree, Inc. | ||||||||||||
195,000 | 3.700 | 05/15/23 | 206,895 | |||||||||
DR Horton, Inc. | ||||||||||||
55,000 | 4.750 | 02/15/23 | 58,331 | |||||||||
eBay, Inc. | ||||||||||||
40,000 | 3.450 | 08/01/24 | 43,172 | |||||||||
General Motors Co. | ||||||||||||
50,000 | 6.125 | 10/01/25 | 59,587 | |||||||||
General Motors Financial Co., Inc. | ||||||||||||
250,000 | 5.200 | 03/20/23 | 270,566 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE 1-5 YEAR BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
General Motors Financial Co., Inc. – (continued) | ||||||||||||
$ | 50,000 | 5.100 | % | 01/17/24 | $ 55,385 | |||||||
150,000 | 1.250 | 01/08/26 | 148,552 | |||||||||
Global Payments, Inc. | ||||||||||||
50,000 | 4.000 | 06/01/23 | 53,289 | |||||||||
Kohl’s Corp. | ||||||||||||
75,000 | 9.500 | 05/15/25 | 97,101 | |||||||||
Lennar Corp. | ||||||||||||
75,000 | 4.750 | 05/30/25 | 84,290 | |||||||||
Marriott International, Inc., Series EE | ||||||||||||
25,000 | 5.750 | 05/01/25 | 29,051 | |||||||||
NIKE, Inc. | ||||||||||||
110,000 | 2.400 | 03/27/25 | 116,617 | |||||||||
PACCAR Financial Corp., MTN | ||||||||||||
70,000 | 1.900 | 02/07/23 | 71,947 | |||||||||
Ross Stores, Inc. | ||||||||||||
40,000 | 4.600 | 04/15/25 | 45,305 | |||||||||
Target Corp. | ||||||||||||
110,000 | 3.500 | 07/01/24 | 119,870 | |||||||||
TJX Cos., Inc. (The) | ||||||||||||
140,000 | 3.500 | 04/15/25 | 152,850 | |||||||||
Toyota Motor Credit Corp., MTN | ||||||||||||
150,000 | 1.800 | 02/13/25 | 155,366 | |||||||||
VF Corp. | ||||||||||||
190,000 | 2.400 | 04/23/25 | 199,997 | |||||||||
Visa, Inc. | ||||||||||||
100,000 | 3.150 | 12/14/25 | 109,804 | |||||||||
Walmart, Inc. | ||||||||||||
105,000 | 2.850 | 07/08/24 | 112,763 | |||||||||
| ||||||||||||
2,362,395 | ||||||||||||
| ||||||||||||
Consumer Noncyclical – 6.9% | ||||||||||||
AbbVie, Inc. | ||||||||||||
170,000 | 2.300 | 11/21/22 | 174,858 | |||||||||
100,000 | 2.600 | 11/21/24 | 106,007 | |||||||||
125,000 | 3.600 | 05/14/25 | 136,676 | |||||||||
Altria Group, Inc. | ||||||||||||
70,000 | 4.000 | 01/31/24 | 76,084 | |||||||||
75,000 | 3.800 | 02/14/24 | 80,859 | |||||||||
Amgen, Inc. | ||||||||||||
190,000 | 1.900 | 02/21/25 | 197,280 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Becton Dickinson and Co. | ||||||||||||
$ | 100,000 | 3.363 | % | 06/06/24 | $ 107,496 | |||||||
75,000 | 3.734 | 12/15/24 | 82,156 | |||||||||
Bristol-Myers Squibb Co. | ||||||||||||
75,000 | 3.875 | 08/15/25 | 83,999 | |||||||||
50,000 | 0.750 | 11/13/25 | 49,454 | |||||||||
Equifax, Inc. | ||||||||||||
60,000 | 2.600 | 12/01/24 | 63,459 | |||||||||
Gilead Sciences, Inc. | ||||||||||||
80,000 | 3.700 | 04/01/24 | 86,436 | |||||||||
50,000 | 3.650 | 03/01/26 | 55,393 | |||||||||
Johnson & Johnson | ||||||||||||
50,000 | 2.450 | 03/01/26 | 53,599 | |||||||||
Laboratory Corp of America Holdings | ||||||||||||
100,000 | 3.600 | 02/01/25 | 108,551 | |||||||||
Philip Morris International, Inc. | ||||||||||||
90,000 | 2.875 | 05/01/24 | 95,963 | |||||||||
Thermo Fisher Scientific, Inc. | ||||||||||||
60,000 | 4.133 | 03/25/25 | 66,920 | |||||||||
Walgreens Boots Alliance, Inc. | ||||||||||||
210,000 | 3.800 | 11/18/24 | 229,618 | |||||||||
Zimmer Biomet Holdings, Inc. | ||||||||||||
50,000 | 3.550 | 04/01/25 | 54,536 | |||||||||
| ||||||||||||
1,909,344 | ||||||||||||
| ||||||||||||
Electric – 4.9% | ||||||||||||
Berkshire Hathaway Energy Co. | ||||||||||||
230,000 | 4.050 | 04/15/25 | 256,038 | |||||||||
Dominion Energy, Inc. | ||||||||||||
40,000 | 3.071 | 08/15/24 | 42,514 | |||||||||
DTE Energy Co., Series D | ||||||||||||
70,000 | 3.700 | 08/01/23 | 74,542 | |||||||||
Duke Energy Carolinas LLC | ||||||||||||
110,000 | 2.500 | 03/15/23 | 113,624 | |||||||||
Entergy Corp. | ||||||||||||
75,000 | 0.900 | 09/15/25 | 73,982 | |||||||||
Exelon Corp. | ||||||||||||
70,000 | 3.400 | 04/15/26 | 76,346 | |||||||||
Georgia Power Co., Series A | ||||||||||||
40,000 | 2.100 | 07/30/23 | 41,374 | |||||||||
ITC Holdings Corp. | ||||||||||||
60,000 | 2.700 | 11/15/22 | 61,803 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE 1-5 YEAR BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Electric – (continued) | ||||||||||||
National Rural Utilities Cooperative Finance Corp. | ||||||||||||
$ | 65,000 | 2.700 | % | 02/15/23 | $ 67,383 | |||||||
NextEra Energy Capital Holdings, Inc. | ||||||||||||
75,000 | 2.750 | 05/01/25 | 79,932 | |||||||||
Pacific Gas and Electric Co. | ||||||||||||
50,000 | 2.950 | 03/01/26 | 51,170 | |||||||||
Public Service Co. of Colorado | ||||||||||||
65,000 | 2.250 | 09/15/22 | 66,060 | |||||||||
Puget Energy, Inc. | ||||||||||||
60,000 | 3.650 | 05/15/25 | 64,932 | |||||||||
Sempra Energy | ||||||||||||
80,000 | 2.900 | 02/01/23 | 83,064 | |||||||||
Southern Co. (The) | ||||||||||||
165,000 | 2.950 | 07/01/23 | 172,997 | |||||||||
Southwestern Electric Power Co., Series N | ||||||||||||
40,000 | 1.650 | 03/15/26 | 40,506 | |||||||||
| ||||||||||||
1,366,267 | ||||||||||||
| ||||||||||||
Energy – 5.6% | ||||||||||||
BP Capital Markets America, Inc. | ||||||||||||
60,000 | 2.520 | 09/19/22 | 61,672 | |||||||||
120,000 | 2.750 | 05/10/23 | 125,640 | |||||||||
75,000 | 3.790 | 02/06/24 | 81,409 | |||||||||
Chevron Corp. | ||||||||||||
100,000 | 1.554 | 05/11/25 | 103,053 | |||||||||
ConocoPhillips Co. | ||||||||||||
50,000 | 4.950 | 03/15/26 | 58,354 | |||||||||
Energy Transfer LP | ||||||||||||
125,000 | 4.750 | 01/15/26 | 140,508 | |||||||||
Enterprise Products Operating LLC | ||||||||||||
50,000 | 3.750 | 02/15/25 | 54,882 | |||||||||
Kinder Morgan Energy Partners LP | ||||||||||||
75,000 | 4.150 | 02/01/24 | 81,189 | |||||||||
Kinder Morgan, Inc. | ||||||||||||
50,000 | 4.300 | 06/01/25 | 55,957 | |||||||||
Marathon Petroleum Corp. | ||||||||||||
35,000 | 4.700 | 05/01/25 | 39,725 | |||||||||
MPLX LP | ||||||||||||
75,000 | 4.875 | 12/01/24 | 84,785 | |||||||||
100,000 | 1.750 | 03/01/26 | 101,125 | |||||||||
Plains All American Pipeline LP / PAA Finance Corp. | ||||||||||||
50,000 | 4.650 | 10/15/25 | 55,977 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Sabine Pass Liquefaction LLC | ||||||||||||
$ | 140,000 | 5.625 | % | 04/15/23 | $ 151,246 | |||||||
50,000 | 5.625 | 03/01/25 | 57,426 | |||||||||
Spectra Energy Partners LP | ||||||||||||
180,000 | 4.750 | 03/15/24 | 198,700 | |||||||||
Valero Energy Corp. | ||||||||||||
50,000 | 2.850 | 04/15/25 | 53,147 | |||||||||
Williams Cos., Inc. (The) | ||||||||||||
50,000 | 4.000 | 09/15/25 | 55,448 | |||||||||
| ||||||||||||
1,560,243 | ||||||||||||
| ||||||||||||
Financial Company – 3.3% | ||||||||||||
Air Lease Corp. | ||||||||||||
285,000 | 3.500 | 01/15/22 | 290,466 | |||||||||
50,000 | 1.875 | 08/15/26 | 50,057 | |||||||||
Ally Financial, Inc. | ||||||||||||
230,000 | 3.050 | 06/05/23 | 240,865 | |||||||||
Ares Capital Corp. | ||||||||||||
75,000 | 4.200 | 06/10/24 | 80,737 | |||||||||
60,000 | 3.250 | 07/15/25 | 63,234 | |||||||||
BGC Partners, Inc. | ||||||||||||
65,000 | 5.375 | 07/24/23 | 70,422 | |||||||||
60,000 | 3.750 | 10/01/24 | 63,616 | |||||||||
Franklin Resources, Inc. | ||||||||||||
45,000 | 2.800 | 09/15/22 | 46,467 | |||||||||
| ||||||||||||
905,864 | ||||||||||||
| ||||||||||||
Food and Beverage – 1.9% | ||||||||||||
Campbell Soup Co. | ||||||||||||
55,000 | 2.500 | 08/02/22 | 56,402 | |||||||||
Coca-Cola Co. (The) | ||||||||||||
75,000 | 2.875 | 10/27/25 | 81,708 | |||||||||
Constellation Brands, Inc. | ||||||||||||
55,000 | 4.250 | 05/01/23 | 58,831 | |||||||||
General Mills, Inc. | ||||||||||||
100,000 | 4.000 | 04/17/25 | 111,070 | |||||||||
PepsiCo, Inc. | ||||||||||||
65,000 | 2.850 | 02/24/26 | 70,742 | |||||||||
Sysco Corp. | ||||||||||||
75,000 | 5.650 | 04/01/25 | 87,661 | |||||||||
Tyson Foods, Inc. | ||||||||||||
50,000 | 3.950 | 08/15/24 | 54,720 | |||||||||
| ||||||||||||
521,134 | ||||||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE 1-5 YEAR BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Hardware – 0.7% | ||||||||||||
Micron Technology, Inc. | ||||||||||||
$ | 195,000 | 2.497 | % | 04/24/23 | $ 202,221 | |||||||
| ||||||||||||
Healthcare – 1.9% | ||||||||||||
Anthem, Inc. | ||||||||||||
100,000 | 2.950 | 12/01/22 | 103,633 | |||||||||
Cigna Corp. | ||||||||||||
75,000 | 4.125 | 11/15/25 | 84,543 | |||||||||
CVS Health Corp. | ||||||||||||
16,000 | 3.700 | 03/09/23 | 16,929 | |||||||||
100,000 | 2.625 | 08/15/24 | 106,285 | |||||||||
50,000 | 3.875 | 07/20/25 | 55,472 | |||||||||
HCA, Inc. | ||||||||||||
100,000 | 5.000 | 03/15/24 | 111,438 | |||||||||
UnitedHealth Group, Inc. | ||||||||||||
50,000 | 1.250 | 01/15/26 | 50,625 | |||||||||
| ||||||||||||
528,925 | ||||||||||||
| ||||||||||||
Insurance – 1.7% | ||||||||||||
CNA Financial Corp. | ||||||||||||
40,000 | 3.950 | 05/15/24 | 43,487 | |||||||||
Equitable Holdings, Inc. | ||||||||||||
26,000 | 3.900 | 04/20/23 | 27,572 | |||||||||
Marsh & McLennan Cos., Inc. | ||||||||||||
190,000 | 4.050 | 10/15/23 | 204,314 | |||||||||
MetLife, Inc., Series D | ||||||||||||
120,000 | 4.368 | 09/15/23 | 130,726 | |||||||||
Prudential Financial, Inc.(a) | ||||||||||||
(3M USD LIBOR + 3.920%) | ||||||||||||
30,000 | 5.625 | 06/15/43 | 32,512 | |||||||||
Voya Financial, Inc. | ||||||||||||
40,000 | 3.125 | 07/15/24 | 42,913 | |||||||||
| ||||||||||||
481,524 | ||||||||||||
| ||||||||||||
Metals – 0.1% | ||||||||||||
Nucor Corp. | ||||||||||||
20,000 | 4.000 | 08/01/23 | 21,351 | |||||||||
| ||||||||||||
REITs and Real Estate – 1.0% | ||||||||||||
Boston Properties LP | ||||||||||||
190,000 | 3.125 | 09/01/23 | 199,480 | |||||||||
GLP Capital LP / GLP Financing II, Inc. | ||||||||||||
20,000 | 5.250 | 06/01/25 | 22,600 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
REITs and Real Estate – (continued) | ||||||||||||
Realty Income Corp. | ||||||||||||
$ | 50,000 | 4.650 | % | 08/01/23 | $ 53,897 | |||||||
| ||||||||||||
275,977 | ||||||||||||
| ||||||||||||
Software – 0.6% | ||||||||||||
Oracle Corp. | ||||||||||||
50,000 | 2.500 | 04/01/25 | 52,700 | |||||||||
100,000 | 1.650 | 03/25/26 | 101,349 | |||||||||
| ||||||||||||
154,049 | ||||||||||||
| ||||||||||||
Technology – 6.8% | ||||||||||||
Analog Devices, Inc. | ||||||||||||
60,000 | 3.125 | 12/05/23 | 63,798 | |||||||||
Apple, Inc. | ||||||||||||
250,000 | 1.125 | 05/11/25 | 253,835 | |||||||||
150,000 | 0.700 | 02/08/26 | 148,614 | |||||||||
Broadcom, Inc. | ||||||||||||
75,000 | 3.625 | 10/15/24 | 81,509 | |||||||||
50,000 | 4.700 | 04/15/25 | 56,394 | |||||||||
Dell International LLC / EMC Corp. | ||||||||||||
70,000 | 5.450 | (b) | 06/15/23 | 76,149 | ||||||||
75,000 | 4.000 | (b) | 07/15/24 | 81,449 | ||||||||
Fiserv, Inc. | ||||||||||||
75,000 | 3.850 | 06/01/25 | 82,749 | |||||||||
Hewlett Packard Enterprise Co. | ||||||||||||
75,000 | 4.650 | 10/01/24 | 83,833 | |||||||||
75,000 | 4.900 | 10/15/25 | 85,645 | |||||||||
HP, Inc. | ||||||||||||
60,000 | 2.200 | 06/17/25 | 62,756 | |||||||||
Intel Corp. | ||||||||||||
100,000 | 3.400 | 03/25/25 | 109,733 | |||||||||
International Business Machines Corp. | ||||||||||||
125,000 | 1.875 | 08/01/22 | 127,423 | |||||||||
120,000 | 3.375 | 08/01/23 | 127,906 | |||||||||
Microsoft Corp. | ||||||||||||
120,000 | 2.125 | 11/15/22 | 123,327 | |||||||||
PayPal Holdings, Inc. | ||||||||||||
90,000 | 2.400 | 10/01/24 | 95,041 | |||||||||
QUALCOMM, Inc. | ||||||||||||
80,000 | 2.900 | 05/20/24 | 85,510 | |||||||||
80,000 | 3.450 | 05/20/25 | 87,794 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE 1-5 YEAR BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Technology – (continued) | ||||||||||||
Verisk Analytics, Inc. | ||||||||||||
$ | 55,000 | 4.125 | % | 09/12/22 | $ 57,535 | |||||||
| ||||||||||||
1,891,000 | ||||||||||||
| ||||||||||||
Transportation – 0.7% | ||||||||||||
Ryder System, Inc., MTN | ||||||||||||
65,000 | 3.400 | 03/01/23 | 68,202 | |||||||||
Southwest Airlines Co. | ||||||||||||
50,000 | 5.250 | 05/04/25 | 57,279 | |||||||||
United Airlines Pass Through Trust, Class A, Series 20-1 | ||||||||||||
47,583 | 5.875 | 10/15/27 | 52,476 | |||||||||
| ||||||||||||
177,957 | ||||||||||||
| ||||||||||||
Wireless – 3.0% | ||||||||||||
American Tower Corp. | ||||||||||||
220,000 | 5.000 | 02/15/24 | 245,277 | |||||||||
AT&T, Inc. | ||||||||||||
50,000 | 3.400 | 05/15/25 | 54,918 | |||||||||
Crown Castle International Corp. | ||||||||||||
195,000 | 3.200 | 09/01/24 | 209,246 | |||||||||
T-Mobile USA, Inc. | ||||||||||||
75,000 | 1.500 | 02/15/26 | 75,270 | |||||||||
Verizon Communications, Inc. | ||||||||||||
200,000 | 0.850 | 11/20/25 | 198,324 | |||||||||
50,000 | 1.450 | 03/20/26 | 50,518 | |||||||||
| ||||||||||||
833,553 | ||||||||||||
| ||||||||||||
TOTAL CORPORATE OBLIGATIONS (Cost $21,393,706) | $21,461,427 | |||||||||||
| ||||||||||||
Foreign Corporate Debt – 20.9% | ||||||||||||
Banks – 15.0% | ||||||||||||
Banco Santander SA (Spain) | ||||||||||||
$ | 200,000 | 2.746 | % | 05/28/25 | $ 211,638 | |||||||
Bank of Montreal(a) (Canada) | ||||||||||||
(5 Year USD Swap + 1.280%) | ||||||||||||
35,000 | 4.338 | 10/05/28 | 37,712 | |||||||||
Bank of Montreal, Series E (Canada) | ||||||||||||
60,000 | 3.300 | 02/05/24 | 64,543 | |||||||||
Bank of Nova Scotia (The) (Canada) | ||||||||||||
210,000 | 2.000 | 11/15/22 | 215,525 | |||||||||
Barclays PLC(a) (United Kingdom) | ||||||||||||
(3M USD LIBOR + 1.356%) | ||||||||||||
240,000 | 4.338 | 05/16/24 | 257,498 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Canadian Imperial Bank of Commerce(a) (Canada) | ||||||||||||
(3M USD LIBOR + 0.785%) | ||||||||||||
$ | 205,000 | 2.606 | % | 07/22/23 | $ 210,186 | |||||||
Cooperatieve Rabobank UA, MTN (Netherlands) | ||||||||||||
250,000 | 3.375 | 05/21/25 | 274,355 | |||||||||
Deutsche Bank AG(a) (Germany) | ||||||||||||
(SOFR + 2.581%) | ||||||||||||
150,000 | 3.961 | 11/26/25 | 163,207 | |||||||||
HSBC Holdings PLC(a) (United Kingdom) | ||||||||||||
(3M USD LIBOR + 1.055%) | ||||||||||||
500,000 | 3.262 | 03/13/23 | 511,908 | |||||||||
Lloyds Banking Group PLC(a) (United Kingdom) | ||||||||||||
(US 1 Year CMT T-Note + 1.100%) | ||||||||||||
250,000 | 1.326 | 06/15/23 | 252,331 | |||||||||
Mitsubishi UFJ Financial Group, Inc. (Japan) | ||||||||||||
250,000 | 2.801 | 07/18/24 | 266,095 | |||||||||
Mizuho Financial Group, Inc.(a) (Japan) | ||||||||||||
(3M USD LIBOR + 0.830%) | ||||||||||||
200,000 | 2.226 | 05/25/26 | 206,603 | |||||||||
Natwest Group PLC (United Kingdom) | ||||||||||||
105,000 | 6.125 | 12/15/22 | 113,395 | |||||||||
280,000 | 6.000 | 12/19/23 | 315,309 | |||||||||
Royal Bank of Canada, GMTN (Canada) | ||||||||||||
120,000 | 1.950 | 01/17/23 | 123,337 | |||||||||
Royal Bank of Canada, MTN (Canada) | ||||||||||||
210,000 | 1.150 | 06/10/25 | 211,935 | |||||||||
Santander UK Group Holdings PLC(a) (United Kingdom) | ||||||||||||
(US 1 Year CMT T-Note + 1.250%) | ||||||||||||
250,000 | 1.532 | 08/21/26 | 251,001 | |||||||||
Sumitomo Mitsui Financial Group, Inc. (Japan) | ||||||||||||
250,000 | 1.474 | 07/08/25 | 253,575 | |||||||||
Toronto-Dominion Bank (The), GMTN (Canada) | ||||||||||||
90,000 | 3.250 | 03/11/24 | 97,032 | |||||||||
Toronto-Dominion Bank (The), MTN (Canada) | ||||||||||||
110,000 | 1.900 | 12/01/22 | 112,794 | |||||||||
| ||||||||||||
4,149,979 | ||||||||||||
| ||||||||||||
Brokerage – 0.1% | ||||||||||||
Brookfield Finance, Inc. (Canada) | ||||||||||||
$ | 25,000 | 4.000 | 04/01/24 | $ 27,136 | ||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE 1-5 YEAR BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Communications – 0.4% | ||||||||||||
WPP Finance 2010 (United Kingdom) | ||||||||||||
$ | 20,000 | 3.625 | % | 09/07/22 | $ 20,792 | |||||||
75,000 | 3.750 | 09/19/24 | 82,131 | |||||||||
| ||||||||||||
102,923 | ||||||||||||
| ||||||||||||
Consumer Cyclical – 0.5% | ||||||||||||
Toyota Motor Corp. (Japan) | ||||||||||||
125,000 | 3.419 | 07/20/23 | 133,354 | |||||||||
| ||||||||||||
Consumer Noncyclical – 1.5% | ||||||||||||
AstraZeneca PLC (United Kingdom) | ||||||||||||
75,000 | 0.700 | 04/08/26 | 73,526 | |||||||||
BAT Capital Corp. (United Kingdom) | ||||||||||||
40,000 | 3.222 | 08/15/24 | 42,653 | |||||||||
Bayer US Finance II LLC(b) (Germany) | ||||||||||||
75,000 | 3.375 | 07/15/24 | 80,097 | |||||||||
GlaxoSmithKline Capital PLC (United Kingdom) | ||||||||||||
100,000 | 3.000 | 06/01/24 | 107,320 | |||||||||
Reynolds American, Inc. (United Kingdom) | ||||||||||||
90,000 | 4.450 | 06/12/25 | 100,082 | |||||||||
| ||||||||||||
403,678 | ||||||||||||
| ||||||||||||
Energy – 1.6% | ||||||||||||
BP Capital Markets PLC (United Kingdom) | ||||||||||||
75,000 | 2.750 | 05/10/23 | 78,525 | |||||||||
75,000 | 3.814 | 02/10/24 | 81,688 | |||||||||
Shell International Finance BV (Netherlands) | ||||||||||||
100,000 | 2.375 | 04/06/25 | 106,044 | |||||||||
50,000 | 3.250 | 05/11/25 | 54,568 | |||||||||
TransCanada PipeLines Ltd. (Canada) | ||||||||||||
120,000 | 2.500 | 08/01/22 | 123,063 | |||||||||
| ||||||||||||
443,888 | ||||||||||||
| ||||||||||||
Food and Beverage – 1.0% | ||||||||||||
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. (Belgium) | ||||||||||||
200,000 | 3.650 | 02/01/26 | 221,735 | |||||||||
Diageo Investment Corp. (United Kingdom) | ||||||||||||
60,000 | 8.000 | 09/15/22 | 65,873 | |||||||||
| ||||||||||||
287,608 | ||||||||||||
| ||||||||||||
Metals – 0.1% | ||||||||||||
ArcelorMittal SA (Luxembourg) | ||||||||||||
25,000 | 3.600 | 07/16/24 | 26,688 | |||||||||
| ||||||||||||
Technology – 0.1% | ||||||||||||
NXP BV / NXP Funding LLC(b) (China) | ||||||||||||
30,000 | 4.875 | 03/01/24 | 33,276 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Transportation – 0.4% | ||||||||||||
Canadian Pacific Railway Co. (Canada) | ||||||||||||
$ | 100,000 | 2.900 | % | 02/01/25 | $ 106,431 | |||||||
| ||||||||||||
Wireless – 0.2% | ||||||||||||
Vodafone Group PLC (United Kingdom) | ||||||||||||
60,000 | 4.125 | 05/30/25 | 67,305 | |||||||||
| ||||||||||||
TOTAL FOREIGN CORPORATE DEBT (Cost $5,762,393) | $5,782,266 | |||||||||||
| ||||||||||||
Shares | Dividend Rate | Value | ||||||||||
Investment Company – 0.4%(c) | ||||||||||||
Goldman Sachs Financial Square Government Fund – Institutional Shares | ||||||||||||
$ | 110,042 | 0.026 | % | $ 110,042 | ||||||||
(Cost $110,042) | ||||||||||||
| ||||||||||||
TOTAL INVESTMENTS – 98.8% (Cost $27,266,141) | $27,353,735 | |||||||||||
| ||||||||||||
OTHER ASSETS IN EXCESS OF LIABILITIES – 1.2% | 327,667 | |||||||||||
| ||||||||||||
NET ASSETS – 100.0% | $27,681,402 | |||||||||||
|
The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. | ||
(a) | Variable rate security. Interest rate or distribution rate disclosed is that which is in effect on May 31, 2021. | |
(b) | Exempt from registration under Rule 144A of the Securities Act of 1933. | |
(c) | Represents an affiliated issuer. |
| ||
Investment Abbreviations: | ||
CMT | — Constant Maturity Treasury Index | |
GMTN | — Global Medium Term Note | |
LIBOR | — London Interbank Offered Rate | |
LP | — Limited Partnership | |
MTN | — Medium Term Note | |
PLC | — Public Limited Company | |
REIT | — Real Estate Investment Trust | |
SOFR | — Secured Overnight Financing Rate | |
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations - 80.9% | ||||||||||||
Aerospace & Defense - 1.7% | ||||||||||||
Boeing Co. (The) | ||||||||||||
$ | 100,000 | 3.200% | 03/01/29 | $ 104,007 | ||||||||
100,000 | 5.805 | 05/01/50 | 129,361 | |||||||||
474,000 | 3.950 | 08/01/59 | 467,625 | |||||||||
1,000,000 | 5.930 | 05/01/60 | 1,305,007 | |||||||||
General Dynamics Corp. | ||||||||||||
219,000 | 2.250 | 11/15/22 | 224,384 | |||||||||
400,000 | 3.375 | 05/15/23 | 423,480 | |||||||||
300,000 | 3.500 | 04/01/27 | 334,997 | |||||||||
350,000 | 3.750 | 05/15/28 | 395,967 | |||||||||
84,000 | 4.250 | 04/01/50 | 103,576 | |||||||||
Lockheed Martin Corp. | ||||||||||||
50,000 | 2.900 | 03/01/25 | 53,877 | |||||||||
310,000 | 4.070 | 12/15/42 | 363,800 | |||||||||
84,000 | 3.800 | 03/01/45 | 94,535 | |||||||||
304,000 | 4.700 | 05/15/46 | 386,880 | |||||||||
407,000 | 4.090 | 09/15/52 | 488,419 | |||||||||
Northrop Grumman Corp. | ||||||||||||
700,000 | 2.930 | 01/15/25 | 749,205 | |||||||||
290,000 | 3.200 | 02/01/27 | 316,666 | |||||||||
810,000 | 3.250 | 01/15/28 | 877,258 | |||||||||
900,000 | 4.400 | 05/01/30 | 1,047,489 | |||||||||
406,000 | 4.030 | 10/15/47 | 464,272 | |||||||||
267,000 | 5.250 | 05/01/50 | 362,707 | |||||||||
Raytheon Technologies Corp. | ||||||||||||
400,000 | 2.500 | 12/15/22 | 411,576 | |||||||||
1,100,000 | 3.950 | 08/16/25 | 1,227,708 | |||||||||
100,000 | 3.125 | 05/04/27 | 108,614 | |||||||||
300,000 | 4.125 | 11/16/28 | 341,809 | |||||||||
620,000 | 6.125 | 07/15/38 | 858,075 | |||||||||
243,000 | 4.450 | 11/16/38 | 287,321 | |||||||||
500,000 | 4.500 | 06/01/42 | 601,866 | |||||||||
100,000 | 4.150 | 05/15/45 | 113,137 | |||||||||
296,000 | 3.750 | 11/01/46 | 319,415 | |||||||||
304,000 | 4.350 | 04/15/47 | 356,199 | |||||||||
292,000 | 4.625 | 11/16/48 | 360,645 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Aerospace & Defense – (continued) | ||||||||||||
Raytheon Technologies Corp. – (continued) | ||||||||||||
$ | 592,000 | 3.125 | % | 07/01/50 | $ 580,573 | |||||||
| ||||||||||||
14,260,450 | ||||||||||||
| ||||||||||||
Agriculture - 0.0% | ||||||||||||
Archer-Daniels-Midland Co. | ||||||||||||
92,000 | 3.250 | 03/27/30 | 100,463 | |||||||||
| ||||||||||||
Banks - 19.1% | ||||||||||||
American Express Co. | ||||||||||||
50,000 | 2.750 | 05/20/22 | 51,136 | |||||||||
240,000 | 3.400 | 02/22/24 | 258,288 | |||||||||
1,250,000 | 3.000 | 10/30/24 | 1,349,581 | |||||||||
857,000 | 4.200 | 11/06/25 | 975,668 | |||||||||
400,000 | 3.125 | 05/20/26 | 437,869 | |||||||||
305,000 | 4.050 | 12/03/42 | 349,935 | |||||||||
American Express Credit Corp., MTN | ||||||||||||
910,000 | 3.300 | 05/03/27 | 1,010,284 | |||||||||
Bank of America Corp. | ||||||||||||
100,000 | 4.100 | 07/24/23 | 108,057 | |||||||||
(3M USD LIBOR + 0.790%) | ||||||||||||
972,000 | 3.004 | (a) | 12/20/23 | 1,011,963 | ||||||||
(3M USD LIBOR + 0.780%) | ||||||||||||
693,000 | 3.550 | (a) | 03/05/24 | 731,561 | ||||||||
(3M USD LIBOR + 0.810%) | ||||||||||||
824,000 | 3.366 | (a) | 01/23/26 | 893,554 | ||||||||
(3M USD LIBOR + 1.512%) | ||||||||||||
604,000 | 3.705 | (a) | 04/24/28 | 668,766 | ||||||||
(3M USD LIBOR + 1.040%) | ||||||||||||
1,398,000 | 3.419 | (a) | 12/20/28 | 1,529,715 | ||||||||
(SOFR + 2.150%) | ||||||||||||
1,000,000 | 2.592 | (a) | 04/29/31 | 1,018,540 | ||||||||
(SOFR + 1.320%) | ||||||||||||
1,300,000 | 2.687 | (a) | 04/22/32 | 1,325,237 | ||||||||
460,000 | 6.110 | 01/29/37 | 623,344 | |||||||||
(3M USD LIBOR + 1.814%) | ||||||||||||
390,000 | 4.244 | (a) | 04/24/38 | 455,138 | ||||||||
370,000 | 7.750 | 05/14/38 | 575,162 | |||||||||
(SOFR + 1.580%) | ||||||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Bank of America Corp. – (continued) | ||||||||||||
$ | 700,000 | 3.311 | %(a) | 04/22/42 | $ 719,394 | |||||||
Bank of America Corp., GMTN | ||||||||||||
1,041,000 | 3.300 | 01/11/23 | 1,090,674 | |||||||||
550,000 | 3.500 | 04/19/26 | 607,930 | |||||||||
(3M USD LIBOR + 1.370%) | ||||||||||||
540,000 | 3.593 | (a) | 07/21/28 | 594,507 | ||||||||
Bank of America Corp., Series L | ||||||||||||
275,000 | 3.950 | 04/21/25 | 302,723 | |||||||||
508,000 | 4.183 | 11/25/27 | 571,203 | |||||||||
Bank of America Corp., MTN | ||||||||||||
550,000 | 2.503 | 10/21/22 | 554,965 | |||||||||
740,000 | 4.000 | 04/01/24 | 812,622 | |||||||||
(SOFR + 1.460%) | ||||||||||||
119,000 | 1.486 | (a) | 05/19/24 | 121,383 | ||||||||
(3M USD LIBOR + 0.940%) | ||||||||||||
200,000 | 3.864 | (a) | 07/23/24 | 214,419 | ||||||||
1,296,000 | 4.200 | 08/26/24 | 1,431,250 | |||||||||
(SOFR + 0.740%) | ||||||||||||
710,000 | 0.810 | (a) | 10/24/24 | 714,320 | ||||||||
670,000 | 4.000 | 01/22/25 | 738,574 | |||||||||
530,000 | 3.875 | 08/01/25 | 591,976 | |||||||||
(3M USD LIBOR + 1.090%) | ||||||||||||
800,000 | 3.093 | (a) | 10/01/25 | 856,019 | ||||||||
(3M USD LIBOR + 0.870%) | ||||||||||||
800,000 | 2.456 | (a) | 10/22/25 | 844,151 | ||||||||
(3M USD LIBOR + 0.640%) | ||||||||||||
70,000 | 2.015 | (a) | 02/13/26 | 72,708 | ||||||||
200,000 | 4.450 | 03/03/26 | 228,392 | |||||||||
(SOFR + 1.150%) | ||||||||||||
70,000 | 1.319 | (a) | 06/19/26 | 70,416 | ||||||||
648,000 | 4.250 | 10/22/26 | 737,901 | |||||||||
(3M USD LIBOR + 1.060%) | ||||||||||||
570,000 | 3.559 | (a) | 04/23/27 | 627,843 | ||||||||
780,000 | 3.248 | 10/21/27 | 846,574 | |||||||||
(3M USD LIBOR + 1.575%) | ||||||||||||
482,000 | 3.824 | (a) | 01/20/28 | 538,314 | ||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Bank of America Corp., MTN – (continued) | ||||||||||||
(3M USD LIBOR + 1.070%) | ||||||||||||
$ | 150,000 | 3.970 | %(a) | 03/05/29 | $ 167,767 | |||||||
(3M USD LIBOR + 1.310%) | ||||||||||||
1,030,000 | 4.271 | (a) | 07/23/29 | 1,174,721 | ||||||||
(3M USD LIBOR + 1.210%) | ||||||||||||
570,000 | 3.974 | (a) | 02/07/30 | 640,111 | ||||||||
(3M USD LIBOR + 1.180%) | ||||||||||||
300,000 | 3.194 | (a) | 07/23/30 | 318,995 | ||||||||
(3M USD LIBOR + 1.190%) | ||||||||||||
317,000 | 2.884 | (a) | 10/22/30 | 330,861 | ||||||||
(3M USD LIBOR + 0.990%) | ||||||||||||
425,000 | 2.496 | (a) | 02/13/31 | 428,644 | ||||||||
(SOFR + 1.530%) | ||||||||||||
750,000 | 1.898 | (a) | 07/23/31 | 720,167 | ||||||||
(3M USD LIBOR + 1.320%) | ||||||||||||
360,000 | 4.078 | (a) | 04/23/40 | 411,363 | ||||||||
(SOFR + 1.930%) | ||||||||||||
900,000 | 2.676 | (a) | 06/19/41 | 853,500 | ||||||||
248,000 | 5.875 | 02/07/42 | 346,900 | |||||||||
994,000 | 5.000 | 01/21/44 | 1,268,380 | |||||||||
(3M USD LIBOR + 1.990%) | ||||||||||||
470,000 | 4.443 | (a) | 01/20/48 | 557,491 | ||||||||
(3M USD LIBOR + 1.520%) | ||||||||||||
718,000 | 4.330 | (a) | 03/15/50 | 850,688 | ||||||||
(3M USD LIBOR + 3.150%) | ||||||||||||
990,000 | 4.083 | (a) | 03/20/51 | 1,132,371 | ||||||||
Bank of America Corp.(a), Series N | ||||||||||||
(SOFR + 1.220%) | ||||||||||||
500,000 | 2.651 | 03/11/32 | 506,972 | |||||||||
Bank of New York Mellon Corp. (The), Series G | ||||||||||||
740,000 | 3.000 | 02/24/25 | 801,567 | |||||||||
Bank of New York Mellon Corp. (The), MTN | ||||||||||||
(3M USD LIBOR + 0.634%) | ||||||||||||
800,000 | 2.661 | (a) | 05/16/23 | 819,364 | ||||||||
120,000 | 3.450 | 08/11/23 | 128,459 | |||||||||
760,000 | 2.200 | 08/16/23 | 788,881 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Bank of New York Mellon Corp. (The), MTN – (continued) | ||||||||||||
$ | 380,000 | 2.800 | % | 05/04/26 | $ 410,166 | |||||||
575,000 | 2.450 | 08/17/26 | 610,844 | |||||||||
790,000 | 3.250 | 05/16/27 | 871,938 | |||||||||
60,000 | 3.300 | 08/23/29 | 65,439 | |||||||||
Capital One Financial Corp. | ||||||||||||
659,000 | 3.200 | 01/30/23 | 688,424 | |||||||||
180,000 | 2.600 | 05/11/23 | 187,242 | |||||||||
1,355,000 | 3.900 | 01/29/24 | 1,470,052 | |||||||||
339,000 | 3.300 | 10/30/24 | 366,385 | |||||||||
305,000 | 3.200 | 02/05/25 | 329,492 | |||||||||
510,000 | 3.750 | 07/28/26 | 565,060 | |||||||||
650,000 | 3.750 | 03/09/27 | 727,721 | |||||||||
100,000 | 3.650 | 05/11/27 | 111,447 | |||||||||
100,000 | 3.800 | 01/31/28 | 112,228 | |||||||||
Charles Schwab Corp. (The) | ||||||||||||
50,000 | 2.650 | 01/25/23 | 51,881 | |||||||||
184,000 | 1.650 | 03/11/31 | 174,850 | |||||||||
Citibank NA | ||||||||||||
1,180,000 | 3.650 | 01/23/24 | 1,280,439 | |||||||||
Citigroup, Inc. | ||||||||||||
250,000 | 4.050 | 07/30/22 | 260,734 | |||||||||
220,000 | 2.700 | 10/27/22 | 227,161 | |||||||||
660,000 | 3.500 | 05/15/23 | 699,174 | |||||||||
635,000 | 3.875 | 10/25/23 | 689,407 | |||||||||
(3M USD LIBOR + 1.023%) | ||||||||||||
644,000 | 4.044 | (a) | 06/01/24 | 689,615 | ||||||||
440,000 | 4.000 | 08/05/24 | 482,999 | |||||||||
785,000 | 3.875 | 03/26/25 | 863,868 | |||||||||
340,000 | 3.300 | 04/27/25 | 371,402 | |||||||||
270,000 | 4.400 | 06/10/25 | 302,972 | |||||||||
799,000 | 5.500 | 09/13/25 | 940,802 | |||||||||
225,000 | 3.700 | 01/12/26 | 249,192 | |||||||||
390,000 | 4.600 | 03/09/26 | 446,418 | |||||||||
(SOFR + 2.842%) | ||||||||||||
990,000 | 3.106 | (a) | 04/08/26 | 1,065,679 | ||||||||
800,000 | 3.400 | 05/01/26 | 878,715 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Citigroup, Inc. – (continued) | ||||||||||||
$ | 880,000 | 3.200 | % | 10/21/26 | $ 954,499 | |||||||
286,000 | 4.300 | 11/20/26 | 323,961 | |||||||||
817,000 | 4.450 | 09/29/27 | 934,217 | |||||||||
240,000 | 4.125 | 07/25/28 | 269,492 | |||||||||
(3M USD LIBOR + 1.338%) | ||||||||||||
575,000 | 3.980 | (a) | 03/20/30 | 647,985 | ||||||||
(SOFR + 1.422%) | ||||||||||||
1,160,000 | 2.976 | (a) | 11/05/30 | 1,214,765 | ||||||||
(SOFR + 1.146%) | ||||||||||||
500,000 | 2.666 | (a) | 01/29/31 | 509,741 | ||||||||
(SOFR + 2.107%) | ||||||||||||
1,150,000 | 2.572 | (a) | 06/03/31 | 1,163,592 | ||||||||
(SOFR + 1.167%) | ||||||||||||
500,000 | 2.561 | (a) | 05/01/32 | 500,588 | ||||||||
240,000 | 6.625 | 06/15/32 | 324,401 | |||||||||
760,000 | 8.125 | 07/15/39 | 1,279,895 | |||||||||
480,000 | 6.675 | 09/13/43 | 723,170 | |||||||||
150,000 | 5.300 | 05/06/44 | 194,910 | |||||||||
371,000 | 4.650 | 07/30/45 | 459,750 | |||||||||
790,000 | 4.750 | 05/18/46 | 967,779 | |||||||||
(3M USD LIBOR + 1.839%) | ||||||||||||
180,000 | 4.281 | (a) | 04/24/48 | 214,555 | ||||||||
296,000 | 4.650 | 07/23/48 | 372,042 | |||||||||
Discover Bank | ||||||||||||
815,000 | 3.350 | 02/06/23 | 853,642 | |||||||||
700,000 | 2.450 | 09/12/24 | 737,114 | |||||||||
Fifth Third Bancorp | ||||||||||||
900,000 | 3.650 | 01/25/24 | 970,992 | |||||||||
650,000 | 2.550 | 05/05/27 | 687,135 | |||||||||
190,000 | 8.250 | 03/01/38 | 312,207 | |||||||||
Fifth Third Bank NA | ||||||||||||
560,000 | 3.850 | 03/15/26 | 620,707 | |||||||||
Huntington Bancshares, Inc. | ||||||||||||
1,040,000 | 2.625 | 08/06/24 | 1,098,963 | |||||||||
900,000 | 2.550 | 02/04/30 | 926,592 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
JPMorgan Chase & Co. | ||||||||||||
$ | 723,000 | 3.250 | % | 09/23/22 | $ 752,171 | |||||||
167,000 | 2.972 | 01/15/23 | 169,988 | |||||||||
140,000 | 3.200 | 01/25/23 | 146,863 | |||||||||
(3M USD LIBOR + 0.935%) | ||||||||||||
250,000 | 2.776 | (a) | 04/25/23 | 255,716 | ||||||||
160,000 | 3.375 | 05/01/23 | 169,051 | |||||||||
700,000 | 2.700 | 05/18/23 | 730,383 | |||||||||
150,000 | 3.875 | 02/01/24 | 163,598 | |||||||||
50,000 | 3.625 | 05/13/24 | 54,609 | |||||||||
(3M USD LIBOR + 0.890%) | ||||||||||||
200,000 | 3.797 | (a) | 07/23/24 | 213,908 | ||||||||
515,000 | 3.875 | 09/10/24 | 564,969 | |||||||||
(3M USD LIBOR + 1.000%) | ||||||||||||
50,000 | 4.023 | (a) | 12/05/24 | 54,229 | ||||||||
620,000 | 3.125 | 01/23/25 | 669,262 | |||||||||
(3M USD LIBOR + 1.155%) | ||||||||||||
340,000 | 3.220 | (a) | 03/01/25 | 363,156 | ||||||||
(SOFR + 1.585%) | ||||||||||||
170,000 | 2.005 | (a) | 03/13/26 | 176,073 | ||||||||
1,100,000 | 3.300 | 04/01/26 | 1,206,217 | |||||||||
(SOFR + 1.850%) | ||||||||||||
1,240,000 | 2.083 | (a) | 04/22/26 | 1,285,777 | ||||||||
1,000,000 | 3.200 | 06/15/26 | 1,092,099 | |||||||||
550,000 | 4.125 | 12/15/26 | 623,301 | |||||||||
(3M USD LIBOR + 1.245%) | ||||||||||||
300,000 | 3.960 | (a) | 01/29/27 | 335,176 | ||||||||
(SOFR + 0.885%) | ||||||||||||
600,000 | 1.578 | (a) | 04/22/27 | 603,898 | ||||||||
578,000 | 4.250 | 10/01/27 | 665,235 | |||||||||
324,000 | 3.625 | 12/01/27 | 357,772 | |||||||||
(3M USD LIBOR + 1.337%) | ||||||||||||
415,000 | 3.782 | (a) | 02/01/28 | 462,784 | ||||||||
(3M USD LIBOR + 1.380%) | ||||||||||||
1,650,000 | 3.540 | (a) | 05/01/28 | 1,816,549 | ||||||||
(SOFR + 1.890%) | ||||||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
JPMorgan Chase & Co. – (continued) | ||||||||||||
$ | 550,000 | 2.182 | %(a) | 06/01/28 | $ 565,452 | |||||||
(3M USD LIBOR + 0.945%) | ||||||||||||
200,000 | 3.509 | (a) | 01/23/29 | 218,724 | ||||||||
(3M USD LIBOR + 1.120%) | ||||||||||||
518,000 | 4.005 | (a) | 04/23/29 | 583,748 | ||||||||
(3M USD LIBOR + 1.160%) | ||||||||||||
1,136,000 | 3.702 | (a) | 05/06/30 | 1,259,390 | ||||||||
(SOFR + 1.510%) | ||||||||||||
415,000 | 2.739 | (a) | 10/15/30 | 430,837 | ||||||||
(SOFR + 3.790%) | ||||||||||||
1,000,000 | 4.493 | (a) | 03/24/31 | 1,167,920 | ||||||||
(SOFR + 2.040%) | ||||||||||||
200,000 | 2.522 | (a) | 04/22/31 | 202,977 | ||||||||
(SOFR + 1.250%) | ||||||||||||
650,000 | 2.580 | (a) | 04/22/32 | 657,613 | ||||||||
650,000 | 6.400 | 05/15/38 | 939,318 | |||||||||
(3M USD LIBOR + 1.360%) | ||||||||||||
1,105,000 | 3.882 | (a) | 07/24/38 | 1,247,863 | ||||||||
147,000 | 5.500 | 10/15/40 | 196,336 | |||||||||
(SOFR + 2.460%) | ||||||||||||
250,000 | 3.109 | (a) | 04/22/41 | 251,763 | ||||||||
826,000 | 5.600 | 07/15/41 | 1,123,723 | |||||||||
450,000 | 5.400 | 01/06/42 | 600,245 | |||||||||
(SOFR + 1.460%) | ||||||||||||
100,000 | 3.157 | (a) | 04/22/42 | 100,793 | ||||||||
10,000 | 5.625 | 08/16/43 | 13,389 | |||||||||
250,000 | 4.850 | 02/01/44 | 316,804 | |||||||||
230,000 | 4.950 | 06/01/45 | 292,727 | |||||||||
(3M USD LIBOR + 1.580%) | ||||||||||||
560,000 | 4.260 | (a) | 02/22/48 | 657,804 | ||||||||
(3M USD LIBOR + 1.460%) | ||||||||||||
979,000 | 4.032 | (a) | 07/24/48 | 1,113,433 | ||||||||
(3M USD LIBOR + 1.380%) | ||||||||||||
1,130,000 | 3.964 | (a) | 11/15/48 | 1,271,905 | ||||||||
(3M USD LIBOR + 1.220%) | ||||||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
JPMorgan Chase & Co. – (continued) | ||||||||||||
$ | 340,000 | 3.897 | %(a) | 01/23/49 | $ 377,862 | |||||||
(SOFR + 2.440%) | ||||||||||||
652,000 | 3.109 | (a) | 04/22/51 | 644,608 | ||||||||
(SOFR + 1.580%) | ||||||||||||
650,000 | 3.328 | (a) | 04/22/52 | 662,499 | ||||||||
KeyCorp, MTN | ||||||||||||
500,000 | 2.250 | 04/06/27 | 521,166 | |||||||||
500,000 | 4.100 | 04/30/28 | 575,204 | |||||||||
1,140,000 | 2.550 | 10/01/29 | 1,179,365 | |||||||||
Morgan Stanley | ||||||||||||
815,000 | 2.750 | 05/19/22 | 834,558 | |||||||||
150,000 | 4.875 | 11/01/22 | 159,283 | |||||||||
(3M USD LIBOR + 0.847%) | ||||||||||||
1,210,000 | 3.737 | (a) | 04/24/24 | 1,284,313 | ||||||||
1,290,000 | 5.000 | 11/24/25 | 1,497,108 | |||||||||
(SOFR + 0.720%) | ||||||||||||
500,000 | 0.985 | (a) | 12/10/26 | 493,966 | ||||||||
360,000 | 3.625 | 01/20/27 | 400,303 | |||||||||
586,000 | 3.950 | 04/23/27 | 659,131 | |||||||||
(3M USD LIBOR + 1.455%) | ||||||||||||
100,000 | 3.971 | (a) | 07/22/38 | 114,398 | ||||||||
758,000 | 6.375 | 07/24/42 | 1,126,777 | |||||||||
660,000 | 4.300 | 01/27/45 | 784,216 | |||||||||
370,000 | 4.375 | 01/22/47 | 448,565 | |||||||||
Morgan Stanley, Series F | ||||||||||||
1,055,000 | 3.875 | 04/29/24 | 1,152,037 | |||||||||
Morgan Stanley, GMTN | ||||||||||||
290,000 | 3.125 | 01/23/23 | 303,130 | |||||||||
1,200,000 | 3.750 | 02/25/23 | 1,269,120 | |||||||||
125,000 | 3.700 | 10/23/24 | 137,456 | |||||||||
655,000 | 4.000 | 07/23/25 | 733,529 | |||||||||
800,000 | 3.875 | 01/27/26 | 896,908 | |||||||||
804,000 | 4.350 | 09/08/26 | 916,644 | |||||||||
(SOFR + 1.143%) | ||||||||||||
1,160,000 | 2.699 | (a) | 01/22/31 | 1,197,231 | ||||||||
(SOFR + 4.840%) | ||||||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Morgan Stanley, GMTN – (continued) | ||||||||||||
$ | 735,000 | 5.597 | %(a) | 03/24/51 | $ 1,056,214 | |||||||
Morgan Stanley, MTN | ||||||||||||
1,144,000 | 4.100 | 05/22/23 | 1,225,288 | |||||||||
(SOFR + 0.466%) | ||||||||||||
70,000 | 0.560 | (a) | 11/10/23 | 70,124 | ||||||||
(SOFR + 1.152%) | ||||||||||||
500,000 | 2.720 | (a) | 07/22/25 | 531,367 | ||||||||
1,015,000 | 3.125 | 07/27/26 | 1,106,950 | |||||||||
(SOFR + 3.120%) | ||||||||||||
380,000 | 3.622 | (a) | 04/01/31 | 418,500 | ||||||||
(SOFR + 1.034%) | ||||||||||||
201,000 | 1.794 | (a) | 02/13/32 | 190,369 | ||||||||
(SOFR + 1.430%) | ||||||||||||
500,000 | 2.802 | (a) | 01/25/52 | 471,196 | ||||||||
PNC Bank NA | ||||||||||||
250,000 | 3.500 | 06/08/23 | 265,277 | |||||||||
910,000 | 3.100 | 10/25/27 | 995,678 | |||||||||
760,000 | 2.700 | 10/22/29 | 787,038 | |||||||||
PNC Financial Services Group, Inc. (The) | ||||||||||||
100,000 | 3.900 | 04/29/24 | 109,406 | |||||||||
950,000 | 2.600 | 07/23/26 | 1,013,237 | |||||||||
290,000 | 3.150 | 05/19/27 | 318,271 | |||||||||
100,000 | 3.450 | 04/23/29 | 110,560 | |||||||||
410,000 | 2.550 | 01/22/30 | 426,136 | |||||||||
(SOFR + 0.979%) | ||||||||||||
200,000 | 2.307 | (a) | 04/23/32 | 200,487 | ||||||||
Santander Holdings USA, Inc. | ||||||||||||
70,000 | 3.400 | 01/18/23 | 73,011 | |||||||||
1,500,000 | 3.500 | 06/07/24 | 1,611,310 | |||||||||
State Street Corp. | ||||||||||||
(3M USD LIBOR + 0.635%) | ||||||||||||
810,000 | 2.653 | (a) | 05/15/23 | 828,454 | ||||||||
218,000 | 3.100 | 05/15/23 | 230,140 | |||||||||
395,000 | 3.700 | 11/20/23 | 428,829 | |||||||||
35,000 | 3.300 | 12/16/24 | 38,451 | |||||||||
700,000 | 3.550 | 08/18/25 | 779,795 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
State Street Corp. – (continued) | ||||||||||||
(SOFR + 0.940%) | ||||||||||||
$ | 210,000 | 2.354 | %(a) | 11/01/25 | $ 222,364 | |||||||
410,000 | 2.650 | 05/19/26 | 442,117 | |||||||||
Synchrony Financial | ||||||||||||
760,000 | 4.250 | 08/15/24 | 832,631 | |||||||||
448,000 | 4.500 | 07/23/25 | 501,097 | |||||||||
224,000 | 3.950 | 12/01/27 | 247,735 | |||||||||
Truist Bank | ||||||||||||
840,000 | 2.800 | 05/17/22 | 859,137 | |||||||||
764,000 | 3.200 | 04/01/24 | 822,718 | |||||||||
500,000 | 1.500 | 03/10/25 | 511,022 | |||||||||
300,000 | 2.250 | 03/11/30 | 298,440 | |||||||||
Truist Financial Corp., MTN | ||||||||||||
340,000 | 2.750 | 04/01/22 | 346,267 | |||||||||
790,000 | 3.050 | 06/20/22 | 811,925 | |||||||||
840,000 | 3.750 | 12/06/23 | 907,738 | |||||||||
755,000 | 2.850 | 10/26/24 | 812,245 | |||||||||
500,000 | 1.950 | 06/05/30 | 493,802 | |||||||||
US Bancorp, MTN | ||||||||||||
650,000 | 3.700 | 01/30/24 | 704,784 | |||||||||
310,000 | 3.600 | 09/11/24 | 338,930 | |||||||||
565,000 | 3.100 | 04/27/26 | 615,617 | |||||||||
705,000 | 3.900 | 04/26/28 | 807,830 | |||||||||
800,000 | 3.000 | 07/30/29 | 853,919 | |||||||||
US Bancorp, Series V | ||||||||||||
50,000 | 2.375 | 07/22/26 | 52,821 | |||||||||
US Bancorp, Series X | ||||||||||||
775,000 | 3.150 | 04/27/27 | 847,233 | |||||||||
US Bank NA | ||||||||||||
660,000 | 2.650 | 05/23/22 | 674,980 | |||||||||
Wells Fargo & Co. | ||||||||||||
220,000 | 4.125 | 08/15/23 | 237,723 | |||||||||
350,000 | 3.000 | 04/22/26 | 379,186 | |||||||||
1,300,000 | 3.000 | 10/23/26 | 1,409,304 | |||||||||
(SOFR + 2.530%) | ||||||||||||
1,600,000 | 3.068 | (a) | 04/30/41 | 1,604,216 | ||||||||
500,000 | 5.375 | 11/02/43 | 645,395 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Wells Fargo & Co. – (continued) | ||||||||||||
$ | 92,000 | 3.900 | % | 05/01/45 | $ 104,099 | |||||||
Wells Fargo & Co., GMTN | ||||||||||||
500,000 | 4.900 | 11/17/45 | 614,365 | |||||||||
Wells Fargo & Co., MTN | ||||||||||||
1,200,000 | 3.750 | 01/24/24 | 1,298,208 | |||||||||
(SOFR + 1.600%) | ||||||||||||
1,300,000 | 1.654 | (a) | 06/02/24 | 1,333,677 | ||||||||
(SOFR + 1.087%) | ||||||||||||
500,000 | 2.406 | (a) | 10/30/25 | 526,812 | ||||||||
(3M USD LIBOR + 0.750%) | ||||||||||||
500,000 | 2.164 | (a) | 02/11/26 | 522,006 | ||||||||
(3M USD LIBOR + 1.310%) | ||||||||||||
200,000 | 3.584 | (a) | 05/22/28 | 221,256 | ||||||||
900,000 | 4.150 | 01/24/29 | 1,026,985 | |||||||||
(SOFR + 1.432%) | ||||||||||||
2,100,000 | 2.879 | (a) | 10/30/30 | 2,206,809 | ||||||||
(SOFR + 1.262%) | ||||||||||||
700,000 | 2.572 | (a) | 02/11/31 | 715,753 | ||||||||
(SOFR + 4.032%) | ||||||||||||
200,000 | 4.478 | (a) | 04/04/31 | 232,764 | ||||||||
1,334,000 | 4.400 | 06/14/46 | 1,548,965 | |||||||||
100,000 | 4.750 | 12/07/46 | 121,762 | |||||||||
(SOFR + 4.502%) | ||||||||||||
1,600,000 | 5.013 | (a) | 04/04/51 | 2,126,800 | ||||||||
| ||||||||||||
160,646,148 | ||||||||||||
| ||||||||||||
Basic Industry - 1.1% | ||||||||||||
Air Products and Chemicals, Inc. | ||||||||||||
567,000 | 2.050 | 05/15/30 | 568,590 | |||||||||
150,000 | 2.800 | 05/15/50 | 143,332 | |||||||||
Dow Chemical Co. (The) | ||||||||||||
970,000 | 3.500 | 10/01/24 | 1,056,072 | |||||||||
500,000 | 7.375 | 11/01/29 | 686,271 | |||||||||
200,000 | 4.375 | 11/15/42 | 232,685 | |||||||||
200,000 | 3.600 | 11/15/50 | 204,255 | |||||||||
DuPont de Nemours, Inc. | ||||||||||||
390,000 | 4.205 | 11/15/23 | 423,845 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Basic Industry – (continued) | ||||||||||||
DuPont de Nemours, Inc. – (continued) | ||||||||||||
$ | 670,000 | 4.493 | % | 11/15/25 | $ 764,666 | |||||||
330,000 | 5.319 | 11/15/38 | 422,801 | |||||||||
584,000 | 5.419 | 11/15/48 | 778,262 | |||||||||
International Paper Co. | ||||||||||||
250,000 | 4.800 | 06/15/44 | 307,573 | |||||||||
190,000 | 4.400 | 08/15/47 | 226,805 | |||||||||
150,000 | 4.350 | 08/15/48 | 178,968 | |||||||||
LYB International Finance BV | ||||||||||||
258,000 | 4.000 | 07/15/23 | 276,681 | |||||||||
220,000 | 4.875 | 03/15/44 | 265,175 | |||||||||
LYB International Finance III LLC | ||||||||||||
688,000 | 4.200 | 10/15/49 | 753,726 | |||||||||
LyondellBasell Industries NV | ||||||||||||
200,000 | 5.750 | 04/15/24 | 225,905 | |||||||||
200,000 | 4.625 | 02/26/55 | 230,965 | |||||||||
Sherwin-Williams Co. (The) | ||||||||||||
500,000 | 3.450 | 06/01/27 | 551,398 | |||||||||
438,000 | 4.500 | 06/01/47 | 526,237 | |||||||||
Weyerhaeuser Co. | ||||||||||||
187,000 | 7.375 | 03/15/32 | 268,559 | |||||||||
| ||||||||||||
9,092,771 | ||||||||||||
| ||||||||||||
Broadcasting - 0.5% | ||||||||||||
Discovery Communications LLC | ||||||||||||
158,000 | 2.950 | 03/20/23 | 164,414 | |||||||||
355,000 | 3.950 | 03/20/28 | 389,951 | |||||||||
320,000 | 4.125 | 05/15/29 | 352,300 | |||||||||
693,000 | 5.200 | 09/20/47 | 818,354 | |||||||||
365,000 | 4.000 | (b) | 09/15/55 | 362,625 | ||||||||
Fox Corp. | ||||||||||||
990,000 | 4.030 | 01/25/24 | 1,076,884 | |||||||||
690,000 | 4.709 | 01/25/29 | 801,134 | |||||||||
280,000 | 5.476 | 01/25/39 | 349,645 | |||||||||
| ||||||||||||
4,315,307 | ||||||||||||
| ||||||||||||
Brokerage - 0.5% | ||||||||||||
BlackRock, Inc. | ||||||||||||
250,000 | 3.375 | 06/01/22 | 257,473 | |||||||||
900,000 | 3.500 | 03/18/24 | 979,766 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Brokerage – (continued) | ||||||||||||
BlackRock, Inc. – (continued) | ||||||||||||
$ | 1,200,000 | 2.400 | % | 04/30/30 | $ 1,245,174 | |||||||
CME Group, Inc. | ||||||||||||
50,000 | 3.000 | 09/15/22 | 51,765 | |||||||||
450,000 | 3.000 | 03/15/25 | 485,341 | |||||||||
100,000 | 5.300 | 09/15/43 | 140,120 | |||||||||
Jefferies Financial Group, Inc. | ||||||||||||
709,000 | 5.500 | 10/18/23 | 763,787 | |||||||||
Jefferies Group LLC | ||||||||||||
250,000 | 5.125 | 01/20/23 | 268,526 | |||||||||
| ||||||||||||
4,191,952 | ||||||||||||
| ||||||||||||
Building Materials - 0.1% | ||||||||||||
Stanley Black & Decker, Inc.(a) (US 5 Year CMT T-Note + 2.657%) | ||||||||||||
467,000 | 4.000 | 03/15/60 | 508,822 | |||||||||
| ||||||||||||
Capital Goods - 2.3% | ||||||||||||
3M Co. | ||||||||||||
100,000 | 2.000 | 02/14/25 | 104,746 | |||||||||
50,000 | 2.875 | 10/15/27 | 54,298 | |||||||||
394,000 | 3.250 | 08/26/49 | 419,684 | |||||||||
3M Co., MTN | ||||||||||||
310,000 | 4.000 | 09/14/48 | 368,251 | |||||||||
Berry Global, Inc. | ||||||||||||
270,000 | 0.950 | (b) | 02/15/24 | 269,799 | ||||||||
100,000 | 1.570 | (b) | 01/15/26 | 100,153 | ||||||||
Carrier Global Corp. | ||||||||||||
1,130,000 | 2.722 | 02/15/30 | 1,158,621 | |||||||||
500,000 | 2.700 | 02/15/31 | 510,796 | |||||||||
621,000 | 3.377 | 04/05/40 | 634,092 | |||||||||
600,000 | 3.577 | 04/05/50 | 619,773 | |||||||||
Caterpillar Financial Services Corp. | ||||||||||||
400,000 | 0.650 | 07/07/23 | 403,236 | |||||||||
Caterpillar Financial Services Corp., MTN | ||||||||||||
270,000 | 1.950 | 11/18/22 | 276,997 | |||||||||
Caterpillar, Inc. | ||||||||||||
430,000 | 3.400 | 05/15/24 | 465,387 | |||||||||
80,000 | 5.200 | 05/27/41 | 107,570 | |||||||||
880,000 | 3.803 | 08/15/42 | 1,020,043 | |||||||||
900,000 | 3.250 | 09/19/49 | 949,003 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Capital Goods – (continued) | ||||||||||||
Deere & Co. | ||||||||||||
$ | 470,000 | 2.600 | % | 06/08/22 | $ 478,886 | |||||||
320,000 | 3.900 | 06/09/42 | 378,748 | |||||||||
Eaton Corp. | ||||||||||||
1,060,000 | 2.750 | 11/02/22 | 1,096,839 | |||||||||
100,000 | 4.150 | 11/02/42 | 115,268 | |||||||||
General Electric Co. | ||||||||||||
1,270,000 | 2.700 | 10/09/22 | 1,311,804 | |||||||||
40,000 | 4.125 | 10/09/42 | 44,867 | |||||||||
220,000 | 4.500 | 03/11/44 | 257,899 | |||||||||
750,000 | 4.350 | 05/01/50 | 859,763 | |||||||||
General Electric Co., GMTN | ||||||||||||
450,000 | 6.150 | 08/07/37 | 608,935 | |||||||||
224,000 | 6.875 | 01/10/39 | 325,117 | |||||||||
General Electric Co., MTN | ||||||||||||
800,000 | 6.750 | 03/15/32 | 1,084,622 | |||||||||
354,000 | 5.875 | 01/14/38 | 467,330 | |||||||||
Honeywell International, Inc. | ||||||||||||
92,000 | 0.483 | 08/19/22 | 92,066 | |||||||||
705,000 | 2.500 | 11/01/26 | 753,540 | |||||||||
100,000 | 2.700 | 08/15/29 | 105,942 | |||||||||
Illinois Tool Works, Inc. | ||||||||||||
390,000 | 2.650 | 11/15/26 | 420,657 | |||||||||
John Deere Capital Corp., MTN | ||||||||||||
190,000 | 2.800 | 03/06/23 | 198,581 | |||||||||
Republic Services, Inc. | ||||||||||||
420,000 | 3.950 | 05/15/28 | 472,899 | |||||||||
Waste Management, Inc. | ||||||||||||
550,000 | 3.150 | 11/15/27 | 600,260 | |||||||||
Westinghouse Air Brake Technologies Corp. | ||||||||||||
800,000 | 3.450 | 11/15/26 | 862,206 | |||||||||
700,000 | 4.950 | 09/15/28 | 807,365 | |||||||||
| ||||||||||||
18,806,043 | ||||||||||||
| ||||||||||||
Communications - 4.8% | ||||||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital | ||||||||||||
736,000 | 4.464 | 07/23/22 | 764,564 | |||||||||
1,110,000 | 4.908 | 07/23/25 | 1,263,013 | |||||||||
525,000 | 3.750 | 02/15/28 | 571,282 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Communications – (continued) | ||||||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital – (continued) | ||||||||||||
$ | 990,000 | 4.200 | % | 03/15/28 | $ 1,105,421 | |||||||
250,000 | 5.050 | 03/30/29 | 291,497 | |||||||||
593,000 | 6.384 | 10/23/35 | 780,229 | |||||||||
130,000 | 5.375 | 04/01/38 | 155,101 | |||||||||
824,000 | 6.484 | 10/23/45 | 1,089,269 | |||||||||
534,000 | 5.375 | 05/01/47 | 627,199 | |||||||||
495,000 | 5.750 | 04/01/48 | 606,947 | |||||||||
625,000 | 5.125 | 07/01/49 | 720,189 | |||||||||
190,000 | 3.700 | 04/01/51 | 179,323 | |||||||||
500,000 | 3.850 | 04/01/61 | 462,545 | |||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital, Series USD | ||||||||||||
298,000 | 4.500 | 02/01/24 | 325,763 | |||||||||
Comcast Cable Communications Holdings, Inc. | ||||||||||||
500,000 | 9.455 | 11/15/22 | 566,600 | |||||||||
Comcast Corp. | ||||||||||||
1,236,000 | 3.700 | 04/15/24 | 1,346,438 | |||||||||
240,000 | 3.375 | 02/15/25 | 261,948 | |||||||||
92,000 | 3.375 | 08/15/25 | 100,950 | |||||||||
184,000 | 3.150 | 03/01/26 | 200,973 | |||||||||
92,000 | 3.300 | 02/01/27 | 101,178 | |||||||||
105,000 | 3.150 | 02/15/28 | 114,266 | |||||||||
92,000 | 3.550 | 05/01/28 | 102,166 | |||||||||
874,000 | 4.150 | 10/15/28 | 1,007,604 | |||||||||
500,000 | 3.400 | 04/01/30 | 546,273 | |||||||||
890,000 | 4.250 | 10/15/30 | 1,030,943 | |||||||||
400,000 | 1.950 | 01/15/31 | 387,195 | |||||||||
595,000 | 4.250 | 01/15/33 | 695,483 | |||||||||
240,000 | 7.050 | 03/15/33 | 344,607 | |||||||||
360,000 | 4.200 | 08/15/34 | 420,936 | |||||||||
480,000 | 3.200 | 07/15/36 | 507,535 | |||||||||
120,000 | 6.950 | 08/15/37 | 180,150 | |||||||||
130,000 | 3.900 | 03/01/38 | 145,968 | |||||||||
644,000 | 4.600 | 10/15/38 | 777,608 | |||||||||
581,000 | 3.250 | 11/01/39 | 599,828 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Communications – (continued) | ||||||||||||
Comcast Corp. – (continued) | ||||||||||||
$ | 92,000 | 3.750 | % | 04/01/40 | $ 101,476 | |||||||
672,000 | 4.650 | 07/15/42 | 825,360 | |||||||||
368,000 | 4.750 | 03/01/44 | 458,149 | |||||||||
115,000 | 4.600 | 08/15/45 | 140,366 | |||||||||
403,000 | 3.400 | 07/15/46 | 416,774 | |||||||||
276,000 | 4.000 | 08/15/47 | 313,643 | |||||||||
480,000 | 3.969 | 11/01/47 | 539,075 | |||||||||
420,000 | 4.000 | 03/01/48 | 475,714 | |||||||||
816,000 | 4.700 | 10/15/48 | 1,013,947 | |||||||||
475,000 | 3.999 | 11/01/49 | 540,449 | |||||||||
184,000 | 2.450 | 08/15/52 | 158,429 | |||||||||
513,000 | 4.049 | 11/01/52 | 586,685 | |||||||||
521,000 | 4.950 | 10/15/58 | 692,738 | |||||||||
NBCUniversal Media LLC | ||||||||||||
915,000 | 4.450 | 01/15/43 | 1,086,643 | |||||||||
Omnicom Group, Inc. / Omnicom Capital, Inc. | ||||||||||||
532,000 | 3.650 | 11/01/24 | 580,905 | |||||||||
350,000 | 3.600 | 04/15/26 | 388,140 | |||||||||
Time Warner Cable LLC | ||||||||||||
70,000 | 6.550 | 05/01/37 | 93,534 | |||||||||
488,000 | 7.300 | 07/01/38 | 688,773 | |||||||||
332,000 | 6.750 | 06/15/39 | 455,109 | |||||||||
180,000 | 5.875 | 11/15/40 | 226,305 | |||||||||
561,000 | 5.500 | 09/01/41 | 678,013 | |||||||||
Time Warner Entertainment Co. LP | ||||||||||||
1,005,000 | 8.375 | 03/15/23 | 1,141,841 | |||||||||
200,000 | 8.375 | 07/15/33 | 298,185 | |||||||||
TWDC Enterprises 18 Corp., GMTN | ||||||||||||
190,000 | 4.125 | 06/01/44 | 220,450 | |||||||||
TWDC Enterprises 18 Corp., MTN | ||||||||||||
705,000 | 1.850 | 07/30/26 | 725,350 | |||||||||
290,000 | 2.950 | 06/15/27 | 315,893 | |||||||||
ViacomCBS, Inc. | ||||||||||||
860,000 | 4.950 | 01/15/31 | 1,017,090 | |||||||||
740,000 | 4.200 | 05/19/32 | 834,780 | |||||||||
150,000 | 6.875 | 04/30/36 | 208,788 | |||||||||
100,000 | 5.850 | 09/01/43 | 128,980 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Communications – (continued) | ||||||||||||
ViacomCBS, Inc. – (continued) | ||||||||||||
$ | 200,000 | 4.950 | % | 05/19/50 | $ 237,899 | |||||||
Walt Disney Co. (The) | ||||||||||||
377,000 | 3.000 | 09/15/22 | 390,541 | |||||||||
680,000 | 1.750 | 08/30/24 | 704,122 | |||||||||
440,000 | 2.200 | 01/13/28 | 452,443 | |||||||||
800,000 | 2.000 | 09/01/29 | 794,770 | |||||||||
498,000 | 3.800 | 03/22/30 | 559,672 | |||||||||
1,200,000 | 2.650 | 01/13/31 | 1,240,164 | |||||||||
75,000 | 6.400 | 12/15/35 | 107,677 | |||||||||
420,000 | 4.625 | 03/23/40 | 517,156 | |||||||||
270,000 | 4.700 | 03/23/50 | 339,891 | |||||||||
1,040,000 | 3.800 | 05/13/60 | 1,142,589 | |||||||||
| ||||||||||||
40,219,499 | ||||||||||||
| ||||||||||||
Consumer Cyclical - 7.3% | ||||||||||||
Amazon.com, Inc. | ||||||||||||
817,000 | 2.400 | 02/22/23 | 845,304 | |||||||||
230,000 | 2.800 | 08/22/24 | 246,261 | |||||||||
228,000 | 3.800 | 12/05/24 | 251,848 | |||||||||
100,000 | 0.800 | 06/03/25 | 100,565 | |||||||||
18,000 | 5.200 | 12/03/25 | 21,291 | |||||||||
30,000 | 3.150 | 08/22/27 | 33,126 | |||||||||
450,000 | 1.500 | 06/03/30 | 433,675 | |||||||||
420,000 | 4.800 | 12/05/34 | 534,028 | |||||||||
775,000 | 3.875 | 08/22/37 | 890,208 | |||||||||
494,000 | 4.950 | 12/05/44 | 644,940 | |||||||||
1,145,000 | 4.050 | 08/22/47 | 1,332,454 | |||||||||
744,000 | 2.500 | 06/03/50 | 666,254 | |||||||||
430,000 | 4.250 | 08/22/57 | 521,343 | |||||||||
American Honda Finance Corp., MTN | ||||||||||||
50,000 | 2.050 | 01/10/23 | 51,455 | |||||||||
520,000 | 0.875 | 07/07/23 | 526,147 | |||||||||
500,000 | 2.150 | 09/10/24 | 524,272 | |||||||||
Booking Holdings, Inc. | ||||||||||||
280,000 | 3.600 | 06/01/26 | 309,824 | |||||||||
550,000 | 4.625 | 04/13/30 | 644,241 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
Costco Wholesale Corp. | ||||||||||||
$ | 576,000 | 2.300 | % | 05/18/22 | $ 587,072 | |||||||
400,000 | 3.000 | 05/18/27 | 438,454 | |||||||||
200,000 | 1.375 | 06/20/27 | 201,302 | |||||||||
640,000 | 1.750 | 04/20/32 | 618,673 | |||||||||
Dollar Tree, Inc. | ||||||||||||
665,000 | 4.000 | 05/15/25 | 736,600 | |||||||||
290,000 | 4.200 | 05/15/28 | 328,192 | |||||||||
eBay, Inc. | ||||||||||||
700,000 | 2.750 | 01/30/23 | 726,833 | |||||||||
50,000 | 3.450 | 08/01/24 | 53,965 | |||||||||
100,000 | 3.600 | 06/05/27 | 110,912 | |||||||||
208,000 | 2.700 | 03/11/30 | 212,498 | |||||||||
General Motors Co. | ||||||||||||
600,000 | 4.875 | 10/02/23 | 656,974 | |||||||||
100,000 | 5.400 | 10/02/23 | 110,757 | |||||||||
907,000 | 5.000 | 10/01/28 | 1,058,566 | |||||||||
448,000 | 6.600 | 04/01/36 | 607,093 | |||||||||
450,000 | 6.250 | 10/02/43 | 608,109 | |||||||||
314,000 | 5.400 | 04/01/48 | 385,729 | |||||||||
200,000 | 5.950 | 04/01/49 | 262,738 | |||||||||
General Motors Financial Co., Inc. | ||||||||||||
100,000 | 3.150 | 06/30/22 | 102,656 | |||||||||
157,000 | 3.550 | 07/08/22 | 162,396 | |||||||||
700,000 | 5.200 | 03/20/23 | 757,584 | |||||||||
200,000 | 3.700 | 05/09/23 | 210,162 | |||||||||
410,000 | 5.100 | 01/17/24 | 454,157 | |||||||||
1,000,000 | 1.050 | 03/08/24 | 1,007,688 | |||||||||
1,550,000 | 3.950 | 04/13/24 | 1,680,382 | |||||||||
850,000 | 4.000 | 01/15/25 | 927,673 | |||||||||
790,000 | 5.250 | 03/01/26 | 914,447 | |||||||||
500,000 | 2.350 | 01/08/31 | 483,591 | |||||||||
Global Payments, Inc. | ||||||||||||
661,000 | 3.200 | 08/15/29 | 697,188 | |||||||||
Home Depot, Inc. (The) | ||||||||||||
70,000 | 2.625 | 06/01/22 | 71,582 | |||||||||
128,000 | 2.700 | 04/01/23 | 133,132 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
Home Depot, Inc. (The) – (continued) | ||||||||||||
$ | 450,000 | 3.750 | % | 02/15/24 | $ 487,442 | |||||||
50,000 | 3.350 | 09/15/25 | 55,071 | |||||||||
97,000 | 3.000 | 04/01/26 | 105,845 | |||||||||
172,000 | 2.125 | 09/15/26 | 181,182 | |||||||||
410,000 | 2.800 | 09/14/27 | 444,327 | |||||||||
550,000 | 3.900 | 12/06/28 | 631,463 | |||||||||
430,000 | 5.875 | 12/16/36 | 599,116 | |||||||||
180,000 | 5.950 | 04/01/41 | 256,548 | |||||||||
722,000 | 4.400 | 03/15/45 | 886,450 | |||||||||
460,000 | 4.250 | 04/01/46 | 551,003 | |||||||||
290,000 | 3.900 | 06/15/47 | 332,228 | |||||||||
220,000 | 4.500 | 12/06/48 | 274,675 | |||||||||
184,000 | 3.125 | 12/15/49 | 186,749 | |||||||||
720,000 | 3.500 | 09/15/56 | 776,803 | |||||||||
Lowe’s Cos., Inc. | ||||||||||||
700,000 | 2.500 | 04/15/26 | 743,526 | |||||||||
230,000 | 3.100 | 05/03/27 | 250,249 | |||||||||
1,150,000 | 3.650 | 04/05/29 | 1,271,292 | |||||||||
280,000 | 3.700 | 04/15/46 | 298,364 | |||||||||
354,000 | 4.050 | 05/03/47 | 391,903 | |||||||||
184,000 | 3.000 | 10/15/50 | 173,262 | |||||||||
Marriott International, Inc., Series EE | ||||||||||||
400,000 | 5.750 | 05/01/25 | 464,813 | |||||||||
Marriott International, Inc., Series R | ||||||||||||
200,000 | 3.125 | 06/15/26 | 211,205 | |||||||||
Mastercard, Inc. | ||||||||||||
210,000 | 2.000 | 03/03/25 | 220,370 | |||||||||
303,000 | 2.950 | 11/21/26 | 330,557 | |||||||||
880,000 | 3.350 | 03/26/30 | 980,447 | |||||||||
562,000 | 3.650 | 06/01/49 | 627,144 | |||||||||
300,000 | 3.850 | 03/26/50 | 345,438 | |||||||||
McDonald’s Corp., MTN | ||||||||||||
336,000 | 3.350 | 04/01/23 | 354,150 | |||||||||
370,000 | 3.700 | 01/30/26 | 411,685 | |||||||||
690,000 | 3.500 | 03/01/27 | 764,124 | |||||||||
350,000 | 3.800 | 04/01/28 | 393,920 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
McDonald’s Corp., MTN – (continued) | ||||||||||||
$ | 600,000 | 2.625 | % | 09/01/29 | $ 624,630 | |||||||
282,000 | 2.125 | 03/01/30 | 281,178 | |||||||||
150,000 | 3.600 | 07/01/30 | 166,080 | |||||||||
859,000 | 4.700 | 12/09/35 | 1,045,665 | |||||||||
320,000 | 4.875 | 12/09/45 | 399,444 | |||||||||
296,000 | 4.450 | 09/01/48 | 347,855 | |||||||||
322,000 | 4.200 | 04/01/50 | 372,426 | |||||||||
NIKE, Inc. | ||||||||||||
330,000 | 2.375 | 11/01/26 | 351,817 | |||||||||
250,000 | 3.250 | 03/27/40 | 266,201 | |||||||||
140,000 | 3.875 | 11/01/45 | 162,155 | |||||||||
414,000 | 3.375 | 03/27/50 | 447,431 | |||||||||
Starbucks Corp. | ||||||||||||
100,000 | 3.850 | 10/01/23 | 107,365 | |||||||||
100,000 | 4.000 | 11/15/28 | 113,474 | |||||||||
600,000 | 3.550 | 08/15/29 | 660,683 | |||||||||
500,000 | 4.450 | 08/15/49 | 591,639 | |||||||||
Target Corp. | ||||||||||||
450,000 | 3.500 | 07/01/24 | 490,377 | |||||||||
265,000 | 2.350 | 02/15/30 | 273,603 | |||||||||
629,000 | 4.000 | 07/01/42 | 762,704 | |||||||||
TJX Cos., Inc. (The) | ||||||||||||
180,000 | 2.250 | 09/15/26 | 190,371 | |||||||||
Toyota Motor Credit Corp., GMTN | ||||||||||||
570,000 | 3.450 | 09/20/23 | 611,384 | |||||||||
Toyota Motor Credit Corp., MTN | ||||||||||||
100,000 | 0.450 | 07/22/22 | 100,405 | |||||||||
560,000 | 2.150 | 09/08/22 | 574,116 | |||||||||
820,000 | 0.500 | 08/14/23 | 823,500 | |||||||||
1,065,000 | 2.150 | 02/13/30 | 1,078,796 | |||||||||
832,000 | 3.375 | 04/01/30 | 922,613 | |||||||||
VF Corp. | ||||||||||||
1,120,000 | 2.050 | 04/23/22 | 1,137,760 | |||||||||
Visa, Inc. | ||||||||||||
1,125,000 | 3.150 | 12/14/25 | 1,235,296 | |||||||||
360,000 | 2.750 | 09/15/27 | 389,896 | |||||||||
709,000 | 2.050 | 04/15/30 | 717,913 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
Visa, Inc. – (continued) | ||||||||||||
$ | 470,000 | 4.150 | % | 12/14/35 | $ 565,910 | |||||||
300,000 | 2.700 | 04/15/40 | 298,129 | |||||||||
889,000 | 4.300 | 12/14/45 | 1,097,326 | |||||||||
40,000 | 3.650 | 09/15/47 | 45,209 | |||||||||
Walmart, Inc. | ||||||||||||
138,000 | 2.350 | 12/15/22 | 142,301 | |||||||||
257,000 | 2.550 | 04/11/23 | 267,327 | |||||||||
510,000 | 3.400 | 06/26/23 | 541,388 | |||||||||
200,000 | 2.650 | 12/15/24 | 214,508 | |||||||||
184,000 | 3.050 | 07/08/26 | 201,773 | |||||||||
1,276,000 | 3.700 | 06/26/28 | 1,447,110 | |||||||||
325,000 | 3.250 | 07/08/29 | 360,641 | |||||||||
680,000 | 5.250 | 09/01/35 | 907,729 | |||||||||
395,000 | 6.500 | 08/15/37 | 590,387 | |||||||||
530,000 | 3.950 | 06/28/38 | 619,950 | |||||||||
92,000 | 3.625 | 12/15/47 | 104,330 | |||||||||
672,000 | 4.050 | 06/29/48 | 810,571 | |||||||||
46,000 | 2.950 | 09/24/49 | 46,769 | |||||||||
| ||||||||||||
61,393,827 | ||||||||||||
| ||||||||||||
Consumer Noncyclical – 7.0% | ||||||||||||
Abbott Laboratories | ||||||||||||
34,000 | 3.400 | 11/30/23 | 36,406 | |||||||||
415,000 | 2.950 | 03/15/25 | 446,853 | |||||||||
124,000 | 3.750 | 11/30/26 | 140,396 | |||||||||
156,000 | 4.750 | 11/30/36 | 195,765 | |||||||||
540,000 | 4.900 | 11/30/46 | 712,947 | |||||||||
Altria Group, Inc. | ||||||||||||
250,000 | 4.000 | 01/31/24 | 271,730 | |||||||||
800,000 | 2.350 | 05/06/25 | 838,858 | |||||||||
800,000 | 4.800 | 02/14/29 | 918,021 | |||||||||
70,000 | 2.450 | 02/04/32 | 66,238 | |||||||||
100,000 | 5.800 | 02/14/39 | 120,779 | |||||||||
500,000 | 3.400 | 02/04/41 | 458,170 | |||||||||
100,000 | 4.250 | 08/09/42 | 101,762 | |||||||||
310,000 | 5.375 | 01/31/44 | 359,941 | |||||||||
664,000 | 3.875 | 09/16/46 | 629,333 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Altria Group, Inc. – (continued) | ||||||||||||
$ | 520,000 | 5.950 | % | 02/14/49 | $ 645,054 | |||||||
70,000 | 3.700 | 02/04/51 | 63,895 | |||||||||
150,000 | 4.000 | 02/04/61 | 139,525 | |||||||||
Amgen, Inc. | ||||||||||||
135,000 | 2.650 | 05/11/22 | 137,865 | |||||||||
280,000 | 3.625 | 05/22/24 | 303,606 | |||||||||
345,000 | 2.600 | 08/19/26 | 367,060 | |||||||||
908,000 | 2.200 | 02/21/27 | 941,962 | |||||||||
520,000 | 3.200 | 11/02/27 | 570,881 | |||||||||
460,000 | 2.450 | 02/21/30 | 468,909 | |||||||||
50,000 | 3.150 | 02/21/40 | 50,806 | |||||||||
250,000 | 4.563 | 06/15/48 | 302,356 | |||||||||
200,000 | 3.375 | 02/21/50 | 202,923 | |||||||||
790,000 | 4.663 | 06/15/51 | 980,118 | |||||||||
1,280,000 | 2.770 | 09/01/53 | 1,159,798 | |||||||||
Becton Dickinson and Co. | ||||||||||||
426,000 | 2.894 | 06/06/22 | 436,206 | |||||||||
400,000 | 3.363 | 06/06/24 | 429,983 | |||||||||
326,000 | 3.734 | 12/15/24 | 357,107 | |||||||||
350,000 | 3.700 | 06/06/27 | 390,901 | |||||||||
200,000 | 2.823 | 05/20/30 | 207,984 | |||||||||
300,000 | 4.685 | 12/15/44 | 362,506 | |||||||||
470,000 | 4.669 | 06/06/47 | 566,015 | |||||||||
Boston Scientific Corp. | ||||||||||||
700,000 | 3.750 | 03/01/26 | 778,947 | |||||||||
500,000 | 2.650 | 06/01/30 | 508,106 | |||||||||
210,000 | 4.550 | 03/01/39 | 250,473 | |||||||||
90,000 | 4.700 | 03/01/49 | 111,171 | |||||||||
Bristol-Myers Squibb Co. | ||||||||||||
644,000 | 2.600 | 05/16/22 | 658,858 | |||||||||
452,000 | 3.250 | 08/15/22 | 466,149 | |||||||||
1,012,000 | 3.550 | 08/15/22 | 1,050,662 | |||||||||
288,000 | 3.250 | 02/20/23 | 301,094 | |||||||||
1,120,000 | 3.875 | 08/15/25 | 1,254,386 | |||||||||
80,000 | 3.450 | 11/15/27 | 88,723 | |||||||||
1,400,000 | 3.400 | 07/26/29 | 1,550,592 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Bristol-Myers Squibb Co. – (continued) | ||||||||||||
$ | 100,000 | 1.450 | % | 11/13/30 | $ 94,771 | |||||||
500,000 | 4.125 | 06/15/39 | 585,727 | |||||||||
100,000 | 5.000 | 08/15/45 | 131,205 | |||||||||
220,000 | 4.350 | 11/15/47 | 265,725 | |||||||||
100,000 | 4.550 | 02/20/48 | 125,324 | |||||||||
1,030,000 | 4.250 | 10/26/49 | 1,244,461 | |||||||||
339,000 | 2.550 | 11/13/50 | 307,832 | |||||||||
Cardinal Health, Inc. | ||||||||||||
300,000 | 2.616 | 06/15/22 | 306,464 | |||||||||
218,000 | 3.079 | 06/15/24 | 232,212 | |||||||||
Eli Lilly & Co. | ||||||||||||
750,000 | 3.950 | 03/15/49 | 873,840 | |||||||||
442,000 | 4.150 | 03/15/59 | 536,883 | |||||||||
92,000 | 2.500 | 09/15/60 | 80,345 | |||||||||
Gilead Sciences, Inc. | ||||||||||||
170,000 | 3.250 | 09/01/22 | 175,456 | |||||||||
1,270,000 | 0.750 | 09/29/23 | 1,272,494 | |||||||||
100,000 | 3.500 | 02/01/25 | 108,806 | |||||||||
100,000 | 3.650 | 03/01/26 | 110,785 | |||||||||
100,000 | 2.950 | 03/01/27 | 107,878 | |||||||||
100,000 | 1.200 | 10/01/27 | 97,701 | |||||||||
100,000 | 5.650 | 12/01/41 | 134,223 | |||||||||
840,000 | 4.500 | 02/01/45 | 989,552 | |||||||||
920,000 | 4.750 | 03/01/46 | 1,125,306 | |||||||||
100,000 | 2.800 | 10/01/50 | 91,214 | |||||||||
Johnson & Johnson | ||||||||||||
148,200 | 2.625 | 01/15/25 | 158,644 | |||||||||
166,000 | 2.450 | 03/01/26 | 177,949 | |||||||||
115,000 | 2.950 | 03/03/27 | 126,142 | |||||||||
450,000 | 4.375 | 12/05/33 | 557,370 | |||||||||
1,238,000 | 3.550 | 03/01/36 | 1,412,385 | |||||||||
340,000 | 3.625 | 03/03/37 | 389,651 | |||||||||
250,000 | 5.950 | 08/15/37 | 359,127 | |||||||||
1,000,000 | 3.400 | 01/15/38 | 1,113,200 | |||||||||
46,000 | 2.100 | 09/01/40 | 42,459 | |||||||||
158,000 | 3.700 | 03/01/46 | 181,979 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Johnson & Johnson – (continued) | ||||||||||||
$ | 865,000 | 3.750 | % | 03/03/47 | $ 1,005,281 | |||||||
Medtronic, Inc. | ||||||||||||
454,000 | 4.375 | 03/15/35 | 555,846 | |||||||||
50,000 | 4.625 | 03/15/45 | 63,647 | |||||||||
Merck & Co., Inc. | ||||||||||||
50,000 | 2.400 | 09/15/22 | 51,129 | |||||||||
80,000 | 2.800 | 05/18/23 | 83,966 | |||||||||
250,000 | 2.900 | 03/07/24 | 266,318 | |||||||||
350,000 | 2.750 | 02/10/25 | 374,248 | |||||||||
400,000 | 3.400 | 03/07/29 | 445,268 | |||||||||
500,000 | 1.450 | 06/24/30 | 479,864 | |||||||||
500,000 | 3.900 | 03/07/39 | 574,541 | |||||||||
50,000 | 4.150 | 05/18/43 | 59,968 | |||||||||
484,000 | 3.700 | 02/10/45 | 542,555 | |||||||||
355,000 | 4.000 | 03/07/49 | 419,857 | |||||||||
Mylan, Inc. | ||||||||||||
480,000 | 4.550 | 04/15/28 | 547,975 | |||||||||
240,000 | 5.200 | 04/15/48 | 284,039 | |||||||||
Pfizer, Inc. | ||||||||||||
550,000 | 3.200 | 09/15/23 | 585,287 | |||||||||
100,000 | 2.950 | 03/15/24 | 106,923 | |||||||||
92,000 | 0.800 | 05/28/25 | 92,563 | |||||||||
1,500,000 | 2.625 | 04/01/30 | 1,575,416 | |||||||||
100,000 | 3.900 | 03/15/39 | 116,414 | |||||||||
100,000 | 7.200 | 03/15/39 | 158,600 | |||||||||
310,000 | 2.550 | 05/28/40 | 300,450 | |||||||||
100,000 | 4.300 | 06/15/43 | 120,234 | |||||||||
280,000 | 4.400 | 05/15/44 | 343,757 | |||||||||
300,000 | 4.125 | 12/15/46 | 358,752 | |||||||||
100,000 | 4.200 | 09/15/48 | 121,114 | |||||||||
100,000 | 4.000 | 03/15/49 | 116,968 | |||||||||
800,000 | 2.700 | 05/28/50 | 764,984 | |||||||||
Philip Morris International, Inc. | ||||||||||||
50,000 | 2.375 | 08/17/22 | 51,218 | |||||||||
50,000 | 2.500 | 08/22/22 | 51,369 | |||||||||
100,000 | 2.500 | 11/02/22 | 103,020 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Philip Morris International, Inc. – (continued) | ||||||||||||
$ | 50,000 | 3.250 | % | 11/10/24 | $ 54,284 | |||||||
375,000 | 3.375 | 08/11/25 | 408,879 | |||||||||
525,000 | 2.750 | 02/25/26 | 565,075 | |||||||||
390,000 | 6.375 | 05/16/38 | 543,802 | |||||||||
200,000 | 4.375 | 11/15/41 | 230,496 | |||||||||
110,000 | 3.875 | 08/21/42 | 117,325 | |||||||||
315,000 | 4.125 | 03/04/43 | 348,315 | |||||||||
150,000 | 4.875 | 11/15/43 | 183,167 | |||||||||
145,000 | 4.250 | 11/10/44 | 164,273 | |||||||||
Regeneron Pharmaceuticals, Inc. | ||||||||||||
534,000 | 2.800 | 09/15/50 | 470,287 | |||||||||
Shire Acquisitions Investments Ireland DAC | ||||||||||||
1,050,000 | 2.875 | 09/23/23 | 1,102,714 | |||||||||
800,000 | 3.200 | 09/23/26 | 875,163 | |||||||||
Stryker Corp. | ||||||||||||
500,000 | 3.375 | 11/01/25 | 547,327 | |||||||||
340,000 | 3.500 | 03/15/26 | 375,792 | |||||||||
Thermo Fisher Scientific, Inc. | ||||||||||||
654,000 | 2.950 | 09/19/26 | 708,327 | |||||||||
336,000 | 3.200 | 08/15/27 | 367,430 | |||||||||
416,000 | 4.100 | 08/15/47 | 486,229 | |||||||||
Utah Acquisition Sub, Inc. | ||||||||||||
1,150,000 | 3.950 | 06/15/26 | 1,274,017 | |||||||||
Viatris, Inc.(b) | ||||||||||||
480,000 | 4.000 | 06/22/50 | 488,920 | |||||||||
Walgreen Co. | ||||||||||||
50,000 | 3.100 | 09/15/22 | 51,616 | |||||||||
Walgreens Boots Alliance, Inc. | ||||||||||||
474,000 | 3.800 | 11/18/24 | 518,281 | |||||||||
450,000 | 3.450 | 06/01/26 | 491,472 | |||||||||
600,000 | 4.800 | 11/18/44 | 693,825 | |||||||||
Wyeth LLC | ||||||||||||
278,000 | 6.500 | 02/01/34 | 399,488 | |||||||||
100,000 | 5.950 | 04/01/37 | 140,332 | |||||||||
Zimmer Biomet Holdings, Inc. | ||||||||||||
320,000 | 3.550 | 04/01/25 | 349,029 | |||||||||
150,000 | 3.550 | 03/20/30 | 162,769 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Zoetis, Inc. | ||||||||||||
$ | 214,000 | 3.000 | % | 09/12/27 | $ 230,808 | |||||||
900,000 | 4.700 | 02/01/43 | 1,115,861 | |||||||||
| ||||||||||||
59,105,804 | ||||||||||||
| ||||||||||||
Consumer Products - 0.2% | ||||||||||||
Procter & Gamble Co. (The) | ||||||||||||
112,000 | 2.150 | 08/11/22 | 114,630 | |||||||||
273,000 | 3.100 | 08/15/23 | 290,233 | |||||||||
299,000 | 2.450 | 11/03/26 | 320,965 | |||||||||
980,000 | 3.000 | 03/25/30 | 1,069,168 | |||||||||
| ||||||||||||
1,794,996 | ||||||||||||
| ||||||||||||
Electric - 2.4% | ||||||||||||
Berkshire Hathaway Energy Co. | ||||||||||||
500,000 | 3.700 | 07/15/30 | 560,446 | |||||||||
267,000 | 6.125 | 04/01/36 | 365,587 | |||||||||
120,000 | 5.150 | 11/15/43 | 153,539 | |||||||||
46,000 | 4.500 | 02/01/45 | 54,481 | |||||||||
460,000 | 3.800 | 07/15/48 | 500,789 | |||||||||
300,000 | 4.250 | 10/15/50 | 354,842 | |||||||||
200,000 | 2.850 | 05/15/51 | 186,495 | |||||||||
Consolidated Edison Co. of New York, Inc., Series 20B | ||||||||||||
450,000 | 3.950 | 04/01/50 | 497,355 | |||||||||
Dominion Energy, Inc. | ||||||||||||
300,000 | 3.900 | 10/01/25 | 333,120 | |||||||||
Dominion Energy, Inc., Series C | ||||||||||||
368,000 | 3.375 | 04/01/30 | 396,769 | |||||||||
Duke Energy Corp. | ||||||||||||
390,000 | 2.650 | 09/01/26 | 412,685 | |||||||||
100,000 | 2.450 | 06/01/30 | 99,939 | |||||||||
552,000 | 3.750 | 09/01/46 | 574,337 | |||||||||
Entergy Louisiana LLC | ||||||||||||
502,000 | 4.000 | 03/15/33 | 580,296 | |||||||||
488,000 | 4.200 | 09/01/48 | 577,907 | |||||||||
Exelon Corp. | ||||||||||||
92,000 | 4.050 | 04/15/30 | 103,376 | |||||||||
392,000 | 4.700 | 04/15/50 | 476,542 | |||||||||
Exelon Generation Co. LLC | ||||||||||||
200,000 | 3.250 | 06/01/25 | 215,742 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Electric – (continued) | ||||||||||||
Exelon Generation Co. LLC – (continued) | ||||||||||||
$ | 120,000 | 5.600 | % | 06/15/42 | $ 135,682 | |||||||
Florida Power & Light Co. | ||||||||||||
550,000 | 2.850 | 04/01/25 | 591,883 | |||||||||
360,000 | 3.950 | 03/01/48 | 419,232 | |||||||||
Georgia Power Co., Series A | ||||||||||||
436,000 | 3.250 | 03/15/51 | 429,750 | |||||||||
MidAmerican Energy Co. | ||||||||||||
250,000 | 4.250 | 07/15/49 | 302,585 | |||||||||
NextEra Energy Capital Holdings, Inc. | ||||||||||||
986,000 | 2.900 | 04/01/22 | 1,007,583 | |||||||||
200,000 | 2.750 | 05/01/25 | 213,153 | |||||||||
80,000 | 3.550 | 05/01/27 | 88,634 | |||||||||
690,000 | 2.250 | 06/01/30 | 686,233 | |||||||||
NiSource, Inc. | ||||||||||||
100,000 | 0.950 | 08/15/25 | 99,528 | |||||||||
192,000 | 3.600 | 05/01/30 | 209,943 | |||||||||
500,000 | 1.700 | 02/15/31 | 466,527 | |||||||||
Pacific Gas and Electric Co. | ||||||||||||
650,000 | 3.300 | 12/01/27 | 666,406 | |||||||||
1,000,000 | 4.550 | 07/01/30 | 1,054,945 | |||||||||
828,000 | 3.300 | 08/01/40 | 728,960 | |||||||||
400,000 | 3.950 | 12/01/47 | 359,159 | |||||||||
160,000 | 4.950 | 07/01/50 | 162,733 | |||||||||
138,000 | 3.500 | 08/01/50 | 118,727 | |||||||||
San Diego Gas & Electric Co., Series VVV | ||||||||||||
592,000 | 1.700 | 10/01/30 | 565,812 | |||||||||
Sempra Energy | ||||||||||||
275,000 | 3.250 | 06/15/27 | 299,093 | |||||||||
746,000 | 3.400 | 02/01/28 | 813,774 | |||||||||
672,000 | 3.800 | 02/01/38 | 730,370 | |||||||||
62,000 | 4.000 | 02/01/48 | 67,246 | |||||||||
Southern California Edison Co. | ||||||||||||
500,000 | 4.000 | 04/01/47 | 511,221 | |||||||||
Southern California Edison Co., Series C | ||||||||||||
200,000 | 4.125 | 03/01/48 | 207,500 | |||||||||
Southern Co. (The) | ||||||||||||
240,000 | 2.950 | 07/01/23 | 251,631 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Electric – (continued) | ||||||||||||
Southern Co. (The) – (continued) | ||||||||||||
$ | 1,050,000 | 3.250 | % | 07/01/26 | $ 1,140,377 | |||||||
430,000 | 4.400 | 07/01/46 | 492,219 | |||||||||
Virginia Electric and Power Co., Series A | ||||||||||||
640,000 | 3.150 | 01/15/26 | 699,955 | |||||||||
| ||||||||||||
19,965,108 | ||||||||||||
| ||||||||||||
Energy - 6.6% | ||||||||||||
Baker Hughes a GE Co. LLC / Baker Hughes Co.-Obligor, Inc. | ||||||||||||
700,000 | 2.773 | 12/15/22 | 725,683 | |||||||||
180,000 | 3.337 | 12/15/27 | 197,216 | |||||||||
200,000 | 4.080 | 12/15/47 | 217,846 | |||||||||
BP Capital Markets America, Inc. | ||||||||||||
300,000 | 3.245 | 05/06/22 | 308,577 | |||||||||
270,000 | 2.750 | 05/10/23 | 282,691 | |||||||||
510,000 | 3.790 | 02/06/24 | 553,579 | |||||||||
150,000 | 3.224 | 04/14/24 | 161,078 | |||||||||
100,000 | 3.194 | 04/06/25 | 108,338 | |||||||||
239,000 | 3.796 | 09/21/25 | 266,373 | |||||||||
500,000 | 3.410 | 02/11/26 | 551,551 | |||||||||
410,000 | 3.119 | 05/04/26 | 446,941 | |||||||||
860,000 | 3.017 | 01/16/27 | 927,451 | |||||||||
720,000 | 4.234 | 11/06/28 | 826,012 | |||||||||
650,000 | 3.633 | 04/06/30 | 722,267 | |||||||||
100,000 | 1.749 | 08/10/30 | 96,187 | |||||||||
925,000 | 3.000 | 02/24/50 | 871,789 | |||||||||
Cheniere Corpus Christi Holdings LLC | ||||||||||||
500,000 | 7.000 | 06/30/24 | 574,687 | |||||||||
535,000 | 5.875 | 03/31/25 | 615,838 | |||||||||
1,274,000 | 5.125 | 06/30/27 | 1,482,618 | |||||||||
Chevron Corp. | ||||||||||||
496,000 | 2.566 | 05/16/23 | 516,716 | |||||||||
912,000 | 3.191 | 06/24/23 | 960,439 | |||||||||
130,000 | 2.895 | 03/03/24 | 138,420 | |||||||||
932,000 | 3.326 | 11/17/25 | 1,031,900 | |||||||||
434,000 | 2.954 | 05/16/26 | 472,274 | |||||||||
500,000 | 1.995 | 05/11/27 | 520,195 | |||||||||
650,000 | 2.236 | 05/11/30 | 661,558 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Chevron Corp. – (continued) | ||||||||||||
$ | 200,000 | 3.078 | % | 05/11/50 | $ 200,074 | |||||||
Chevron USA, Inc. | ||||||||||||
276,000 | 2.343 | 08/12/50 | 237,136 | |||||||||
ConocoPhillips | ||||||||||||
600,000 | 6.500 | 02/01/39 | 874,132 | |||||||||
ConocoPhillips Co. | ||||||||||||
500,000 | 4.950 | 03/15/26 | 583,544 | |||||||||
100,000 | 6.950 | 04/15/29 | 134,736 | |||||||||
Devon Energy Corp. | ||||||||||||
100,000 | 5.600 | 07/15/41 | 121,250 | |||||||||
1,105,000 | 4.750 | 05/15/42 | 1,225,169 | |||||||||
100,000 | 5.000 | 06/15/45 | 114,000 | |||||||||
Diamondback Energy, Inc. | ||||||||||||
100,000 | 3.500 | 12/01/29 | 105,690 | |||||||||
Energy Transfer LP | ||||||||||||
100,000 | 4.250 | 03/15/23 | 105,329 | |||||||||
100,000 | 4.500 | 04/15/24 | 109,645 | |||||||||
600,000 | 4.050 | 03/15/25 | 652,833 | |||||||||
1,540,000 | 2.900 | 05/15/25 | 1,618,040 | |||||||||
200,000 | 4.750 | 01/15/26 | 224,814 | |||||||||
200,000 | 5.500 | 06/01/27 | 233,660 | |||||||||
100,000 | 4.000 | 10/01/27 | 109,333 | |||||||||
200,000 | 4.950 | 06/15/28 | 229,219 | |||||||||
100,000 | 5.250 | 04/15/29 | 116,385 | |||||||||
100,000 | 3.750 | 05/15/30 | 106,197 | |||||||||
100,000 | 6.500 | 02/01/42 | 125,750 | |||||||||
100,000 | 5.300 | 04/15/47 | 111,530 | |||||||||
828,000 | 5.400 | 10/01/47 | 938,063 | |||||||||
412,000 | 6.000 | 06/15/48 | 497,738 | |||||||||
100,000 | 6.250 | 04/15/49 | 125,148 | |||||||||
400,000 | 5.000 | 05/15/50 | 443,752 | |||||||||
Enterprise Products Operating LLC | ||||||||||||
492,000 | 3.350 | 03/15/23 | 514,592 | |||||||||
157,000 | 3.900 | 02/15/24 | 169,992 | |||||||||
207,000 | 3.750 | 02/15/25 | 227,211 | |||||||||
478,000 | 3.125 | 07/31/29 | 510,189 | |||||||||
150,000 | 5.950 | 02/01/41 | 201,369 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Enterprise Products Operating LLC – (continued) | ||||||||||||
$ | 207,000 | 4.850 | % | 08/15/42 | $ 248,976 | |||||||
250,000 | 4.450 | 02/15/43 | 286,216 | |||||||||
304,000 | 4.850 | 03/15/44 | 362,589 | |||||||||
710,000 | 5.100 | 02/15/45 | 871,834 | |||||||||
250,000 | 4.900 | 05/15/46 | 298,052 | |||||||||
414,000 | 4.800 | 02/01/49 | 491,866 | |||||||||
368,000 | 4.200 | 01/31/50 | 404,063 | |||||||||
128,000 | 3.950 | 01/31/60 | 131,962 | |||||||||
Enterprise Products Operating LLC(a), Series E (3M USD LIBOR + 3.033%) | ||||||||||||
164,000 | 5.250 | 08/16/77 | 169,740 | |||||||||
EOG Resources, Inc. | ||||||||||||
690,000 | 4.375 | 04/15/30 | 806,824 | |||||||||
340,000 | 4.950 | 04/15/50 | 432,311 | |||||||||
Exxon Mobil Corp. | ||||||||||||
100,000 | 2.726 | 03/01/23 | 104,050 | |||||||||
100,000 | 2.019 | 08/16/24 | 104,649 | |||||||||
100,000 | 3.294 | 03/19/27 | 111,395 | |||||||||
500,000 | 3.567 | 03/06/45 | 527,772 | |||||||||
100,000 | 4.327 | 03/19/50 | 118,443 | |||||||||
100,000 | 3.452 | 04/15/51 | 104,113 | |||||||||
Halliburton Co. | ||||||||||||
350,000 | 2.920 | 03/01/30 | 357,671 | |||||||||
1,320,000 | 4.850 | 11/15/35 | 1,526,250 | |||||||||
850,000 | 7.450 | 09/15/39 | 1,220,812 | |||||||||
200,000 | 5.000 | 11/15/45 | 234,000 | |||||||||
Hess Corp. | ||||||||||||
290,000 | 4.300 | 04/01/27 | 322,828 | |||||||||
948,000 | 6.000 | 01/15/40 | 1,187,370 | |||||||||
388,000 | 5.600 | 02/15/41 | 470,450 | |||||||||
Kinder Morgan Energy Partners LP | ||||||||||||
500,000 | 5.500 | 03/01/44 | 609,942 | |||||||||
Kinder Morgan, Inc. | ||||||||||||
500,000 | 5.300 | 12/01/34 | 602,295 | |||||||||
500,000 | 5.050 | 02/15/46 | 588,335 | |||||||||
Kinder Morgan, Inc., GMTN | ||||||||||||
100,000 | 7.750 | 01/15/32 | 141,827 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Marathon Oil Corp. | ||||||||||||
$ | 100,000 | 3.850 | % | 06/01/25 | $ 109,009 | |||||||
100,000 | 4.400 | 07/15/27 | 112,581 | |||||||||
100,000 | 6.600 | 10/01/37 | 128,500 | |||||||||
Marathon Petroleum Corp. | ||||||||||||
1,400,000 | 4.700 | 05/01/25 | 1,589,000 | |||||||||
100,000 | 6.500 | 03/01/41 | 136,125 | |||||||||
100,000 | 4.750 | 09/15/44 | 114,750 | |||||||||
MPLX LP | ||||||||||||
750,000 | 4.500 | 07/15/23 | 805,106 | |||||||||
200,000 | 4.125 | 03/01/27 | 224,641 | |||||||||
100,000 | 4.800 | 02/15/29 | 116,009 | |||||||||
1,440,000 | 2.650 | 08/15/30 | 1,438,200 | |||||||||
850,000 | 4.500 | 04/15/38 | 940,964 | |||||||||
649,000 | 5.200 | 03/01/47 | 768,693 | |||||||||
200,000 | 5.500 | 02/15/49 | 249,212 | |||||||||
ONEOK Partners LP | ||||||||||||
200,000 | 3.375 | 10/01/22 | 206,128 | |||||||||
ONEOK, Inc. | ||||||||||||
280,000 | 4.550 | 07/15/28 | 315,795 | |||||||||
718,000 | 3.100 | 03/15/30 | 739,354 | |||||||||
Phillips 66 | ||||||||||||
100,000 | 4.875 | 11/15/44 | 120,808 | |||||||||
Plains All American Pipeline LP / PAA Finance Corp. | ||||||||||||
914,000 | 4.650 | 10/15/25 | 1,023,254 | |||||||||
240,000 | 4.500 | 12/15/26 | 268,944 | |||||||||
414,000 | 3.550 | 12/15/29 | 429,843 | |||||||||
Sabine Pass Liquefaction LLC | ||||||||||||
100,000 | 5.625 | 04/15/23 | 108,032 | |||||||||
600,000 | 5.750 | 05/15/24 | 678,750 | |||||||||
500,000 | 5.625 | 03/01/25 | 574,262 | |||||||||
486,000 | 5.000 | 03/15/27 | 563,153 | |||||||||
140,000 | 4.200 | 03/15/28 | 156,975 | |||||||||
932,000 | 4.500 | 05/15/30 | 1,061,315 | |||||||||
Schlumberger Investment SA | ||||||||||||
200,000 | 3.650 | 12/01/23 | 214,160 | |||||||||
Transcontinental Gas Pipe Line Co. LLC | ||||||||||||
200,000 | 7.850 | 02/01/26 | 255,394 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Valero Energy Corp. | ||||||||||||
$ | 500,000 | 1.200 | % | 03/15/24 | $ 506,592 | |||||||
257,000 | 4.000 | 04/01/29 | 281,701 | |||||||||
250,000 | 6.625 | 06/15/37 | 333,514 | |||||||||
Williams Cos., Inc. (The) | ||||||||||||
870,000 | 3.700 | 01/15/23 | 908,573 | |||||||||
100,000 | 4.000 | 09/15/25 | 110,896 | |||||||||
100,000 | 3.750 | 06/15/27 | 110,834 | |||||||||
320,000 | 3.500 | 11/15/30 | 343,786 | |||||||||
526,000 | 6.300 | 04/15/40 | 694,460 | |||||||||
280,000 | 4.850 | 03/01/48 | 325,147 | |||||||||
| ||||||||||||
55,105,839 | ||||||||||||
| ||||||||||||
Financial Company - 1.0% | ||||||||||||
Ally Financial, Inc. | ||||||||||||
680,000 | 3.050 | 06/05/23 | 712,122 | |||||||||
789,000 | 1.450 | 10/02/23 | 801,726 | |||||||||
270,000 | 3.875 | 05/21/24 | 293,287 | |||||||||
532,000 | 8.000 | 11/01/31 | 753,564 | |||||||||
Ares Capital Corp. | ||||||||||||
1,780,000 | 4.200 | 06/10/24 | 1,916,163 | |||||||||
70,000 | 2.150 | 07/15/26 | 69,620 | |||||||||
GE Capital Funding LLC | ||||||||||||
500,000 | 4.050 | 05/15/27 | 566,007 | |||||||||
750,000 | 4.400 | 05/15/30 | 862,528 | |||||||||
GE Capital International Funding Co. Unlimited Co. | ||||||||||||
300,000 | 3.373 | 11/15/25 | 327,693 | |||||||||
1,990,000 | 4.418 | 11/15/35 | 2,321,885 | |||||||||
| ||||||||||||
8,624,595 | ||||||||||||
| ||||||||||||
Food and Beverage - 2.6% | ||||||||||||
Coca-Cola Co. (The) | ||||||||||||
205,000 | 2.875 | 10/27/25 | 223,334 | |||||||||
50,000 | 3.375 | 03/25/27 | 55,902 | |||||||||
50,000 | 1.450 | 06/01/27 | 50,512 | |||||||||
220,000 | 1.000 | 03/15/28 | 212,469 | |||||||||
500,000 | 3.450 | 03/25/30 | 557,839 | |||||||||
500,000 | 1.650 | 06/01/30 | 483,357 | |||||||||
300,000 | 2.000 | 03/05/31 | 297,920 | |||||||||
380,000 | 2.500 | 06/01/40 | 362,865 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Food and Beverage – (continued) | ||||||||||||
Coca-Cola Co. (The) – (continued) | ||||||||||||
$ | 430,000 | 2.600 | % | 06/01/50 | $ 394,097 | |||||||
100,000 | 3.000 | 03/05/51 | 99,132 | |||||||||
220,000 | 2.750 | 06/01/60 | 203,633 | |||||||||
Conagra Brands, Inc. | ||||||||||||
600,000 | 4.600 | 11/01/25 | 686,679 | |||||||||
350,000 | 4.850 | 11/01/28 | 412,459 | |||||||||
390,000 | 5.300 | 11/01/38 | 481,660 | |||||||||
General Mills, Inc. | ||||||||||||
200,000 | 3.700 | 10/17/23 | 215,409 | |||||||||
470,000 | 4.200 | 04/17/28 | 536,797 | |||||||||
Keurig Dr Pepper, Inc. | ||||||||||||
266,000 | 4.057 | 05/25/23 | 284,390 | |||||||||
210,000 | 4.597 | 05/25/28 | 245,011 | |||||||||
100,000 | 3.200 | 05/01/30 | 106,573 | |||||||||
Kraft Heinz Foods Co. | ||||||||||||
1,157,000 | 3.950 | 07/15/25 | 1,274,904 | |||||||||
890,000 | 3.000 | 06/01/26 | 941,939 | |||||||||
874,000 | 5.000 | 07/15/35 | 1,034,530 | |||||||||
250,000 | 6.875 | 01/26/39 | 344,251 | |||||||||
250,000 | 6.500 | 02/09/40 | 333,971 | |||||||||
552,000 | 4.375 | 06/01/46 | 593,558 | |||||||||
490,000 | 4.875 | 10/01/49 | 565,599 | |||||||||
Molson Coors Beverage Co. | ||||||||||||
1,270,000 | 3.000 | 07/15/26 | 1,363,027 | |||||||||
740,000 | 5.000 | 05/01/42 | 879,102 | |||||||||
150,000 | 4.200 | 07/15/46 | 159,580 | |||||||||
PepsiCo, Inc. | ||||||||||||
621,000 | 3.100 | 07/17/22 | 638,168 | |||||||||
50,000 | 2.750 | 03/01/23 | 52,229 | |||||||||
140,000 | 2.250 | 03/19/25 | 148,175 | |||||||||
80,000 | 2.750 | 04/30/25 | 86,087 | |||||||||
216,000 | 2.850 | 02/24/26 | 235,083 | |||||||||
222,000 | 2.375 | 10/06/26 | 237,336 | |||||||||
100,000 | 3.000 | 10/15/27 | 109,993 | |||||||||
96,000 | 2.625 | 07/29/29 | 101,385 | |||||||||
210,000 | 2.750 | 03/19/30 | 224,305 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Food and Beverage – (continued) | ||||||||||||
PepsiCo, Inc. – (continued) | ||||||||||||
$ | 100,000 | 1.400 | % | 02/25/31 | $ 95,304 | |||||||
595,000 | 4.450 | 04/14/46 | 738,870 | |||||||||
470,000 | 3.450 | 10/06/46 | 507,103 | |||||||||
30,000 | 4.000 | 05/02/47 | 34,882 | |||||||||
300,000 | 3.375 | 07/29/49 | 319,029 | |||||||||
240,000 | 3.625 | 03/19/50 | 267,032 | |||||||||
368,000 | 3.875 | 03/19/60 | 432,746 | |||||||||
Sysco Corp. | ||||||||||||
604,000 | 3.300 | 07/15/26 | 659,851 | |||||||||
635,000 | 3.250 | 07/15/27 | 691,030 | |||||||||
550,000 | 5.950 | 04/01/30 | 700,905 | |||||||||
270,000 | 6.600 | 04/01/50 | 406,616 | |||||||||
Tyson Foods, Inc. | ||||||||||||
170,000 | 4.500 | 06/15/22 | 175,632 | |||||||||
120,000 | 3.950 | 08/15/24 | 131,328 | |||||||||
342,000 | 4.000 | 03/01/26 | 383,405 | |||||||||
500,000 | 3.550 | 06/02/27 | 553,824 | |||||||||
110,000 | 4.550 | 06/02/47 | 130,742 | |||||||||
300,000 | 5.100 | 09/28/48 | 387,357 | |||||||||
| ||||||||||||
21,848,916 | ||||||||||||
| ||||||||||||
Hardware - 0.2% | ||||||||||||
Micron Technology, Inc. | ||||||||||||
99,000 | 2.497 | 04/24/23 | 102,666 | |||||||||
733,000 | 4.185 | 02/15/27 | 825,541 | |||||||||
400,000 | 4.663 | 02/15/30 | 462,500 | |||||||||
| ||||||||||||
1,390,707 | ||||||||||||
| ||||||||||||
Healthcare - 4.1% | ||||||||||||
Aetna, Inc. | ||||||||||||
312,000 | 2.750 | 11/15/22 | 321,129 | |||||||||
200,000 | 2.800 | 06/15/23 | 208,914 | |||||||||
250,000 | 3.500 | 11/15/24 | 271,687 | |||||||||
460,000 | 6.625 | 06/15/36 | 659,199 | |||||||||
268,000 | 3.875 | 08/15/47 | 287,784 | |||||||||
Anthem, Inc. | ||||||||||||
306,000 | 3.500 | 08/15/24 | 331,392 | |||||||||
50,000 | 3.350 | 12/01/24 | 54,300 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Healthcare – (continued) | ||||||||||||
Anthem, Inc. – (continued) | ||||||||||||
$ | 552,000 | 3.650 | % | 12/01/27 | $ 616,817 | |||||||
84,000 | 4.625 | 05/15/42 | 101,292 | |||||||||
758,000 | 4.650 | 01/15/43 | 917,008 | |||||||||
704,000 | 4.650 | 08/15/44 | 854,650 | |||||||||
455,000 | 4.375 | 12/01/47 | 536,735 | |||||||||
368,000 | 4.550 | 03/01/48 | 442,934 | |||||||||
300,000 | 3.125 | 05/15/50 | 293,786 | |||||||||
Cigna Corp. | ||||||||||||
700,000 | 3.000 | 07/15/23 | 735,273 | |||||||||
78,000 | 3.750 | 07/15/23 | 83,354 | |||||||||
150,000 | 3.400 | 03/01/27 | 164,175 | |||||||||
440,000 | 4.375 | 10/15/28 | 508,894 | |||||||||
50,000 | 2.400 | 03/15/30 | 50,415 | |||||||||
130,000 | 4.800 | 08/15/38 | 158,388 | |||||||||
600,000 | 4.800 | 07/15/46 | 734,085 | |||||||||
536,000 | 3.875 | 10/15/47 | 580,463 | |||||||||
1,100,000 | 4.900 | 12/15/48 | 1,369,874 | |||||||||
320,000 | 3.400 | 03/15/50 | 322,325 | |||||||||
CVS Health Corp. | ||||||||||||
284,000 | 3.500 | 07/20/22 | 292,988 | |||||||||
442,000 | 2.750 | 12/01/22 | 456,034 | |||||||||
294,000 | 3.700 | 03/09/23 | 311,063 | |||||||||
520,000 | 2.625 | 08/15/24 | 552,685 | |||||||||
154,000 | 4.100 | 03/25/25 | 171,762 | |||||||||
400,000 | 3.875 | 07/20/25 | 443,776 | |||||||||
100,000 | 2.875 | 06/01/26 | 107,218 | |||||||||
100,000 | 3.000 | 08/15/26 | 108,408 | |||||||||
430,000 | 3.625 | 04/01/27 | 476,698 | |||||||||
1,866,000 | 4.300 | 03/25/28 | 2,139,910 | |||||||||
730,000 | 3.250 | 08/15/29 | 784,861 | |||||||||
1,370,000 | 4.780 | 03/25/38 | 1,643,001 | |||||||||
400,000 | 4.125 | 04/01/40 | 446,523 | |||||||||
400,000 | 2.700 | 08/21/40 | 375,064 | |||||||||
240,000 | 5.300 | 12/05/43 | 308,040 | |||||||||
728,000 | 5.125 | 07/20/45 | 914,500 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Healthcare – (continued) | ||||||||||||
CVS Health Corp. – (continued) | ||||||||||||
$ | 950,000 | 5.050 | % | 03/25/48 | $ 1,181,842 | |||||||
HCA, Inc. | ||||||||||||
870,000 | 4.750 | 05/01/23 | 937,969 | |||||||||
516,000 | 5.000 | 03/15/24 | 575,017 | |||||||||
520,000 | 5.250 | 04/15/25 | 599,950 | |||||||||
600,000 | 5.250 | 06/15/26 | 698,250 | |||||||||
555,000 | 4.500 | 02/15/27 | 629,925 | |||||||||
404,000 | 4.125 | 06/15/29 | 453,490 | |||||||||
295,000 | 5.125 | 06/15/39 | 360,638 | |||||||||
345,000 | 5.500 | 06/15/47 | 437,287 | |||||||||
UnitedHealth Group, Inc. | ||||||||||||
276,000 | 2.875 | 03/15/22 | 280,145 | |||||||||
93,000 | 3.350 | 07/15/22 | 96,285 | |||||||||
184,000 | 2.375 | 10/15/22 | 189,320 | |||||||||
203,000 | 2.875 | 03/15/23 | 212,410 | |||||||||
180,000 | 3.750 | 07/15/25 | 200,919 | |||||||||
172,000 | 3.100 | 03/15/26 | 188,295 | |||||||||
385,000 | 3.450 | 01/15/27 | 429,293 | |||||||||
196,000 | 3.850 | 06/15/28 | 223,707 | |||||||||
780,000 | 4.625 | 07/15/35 | 964,739 | |||||||||
225,000 | 5.800 | 03/15/36 | 312,956 | |||||||||
337,000 | 6.875 | 02/15/38 | 511,563 | |||||||||
500,000 | 3.500 | 08/15/39 | 543,769 | |||||||||
368,000 | 4.250 | 03/15/43 | 437,375 | |||||||||
300,000 | 4.750 | 07/15/45 | 382,414 | |||||||||
562,000 | 4.200 | 01/15/47 | 660,403 | |||||||||
300,000 | 3.750 | 10/15/47 | 331,778 | |||||||||
388,000 | 4.450 | 12/15/48 | 481,816 | |||||||||
1,000,000 | 2.900 | 05/15/50 | 966,296 | |||||||||
391,000 | 3.875 | 08/15/59 | 446,490 | |||||||||
92,000 | 3.125 | 05/15/60 | 91,774 | |||||||||
| ||||||||||||
33,963,519 | ||||||||||||
| ||||||||||||
Insurance - 1.5% | ||||||||||||
American International Group, Inc. | ||||||||||||
100,000 | 3.900 | 04/01/26 | 111,550 | |||||||||
500,000 | 3.875 | 01/15/35 | 554,224 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Insurance – (continued) | ||||||||||||
American International Group, Inc. – (continued) | ||||||||||||
$ | 105,000 | 6.250 | % | 05/01/36 | $ 144,059 | |||||||
100,000 | 4.500 | 07/16/44 | 117,350 | |||||||||
100,000 | 4.375 | 06/30/50 | 116,090 | |||||||||
500,000 | 4.375 | 01/15/55 | 574,549 | |||||||||
American International Group, Inc.(a), Series A-9 | ||||||||||||
(3M USD LIBOR + 2.868%) | ||||||||||||
100,000 | 5.750 | 04/01/48 | 113,955 | |||||||||
Berkshire Hathaway Finance Corp. | ||||||||||||
570,000 | 5.750 | 01/15/40 | 803,069 | |||||||||
470,000 | 4.200 | 08/15/48 | 557,387 | |||||||||
486,000 | 4.250 | 01/15/49 | 580,939 | |||||||||
138,000 | 2.850 | 10/15/50 | 131,938 | |||||||||
Berkshire Hathaway, Inc. | ||||||||||||
484,000 | 3.125 | 03/15/26 | 530,916 | |||||||||
90,000 | 4.500 | 02/11/43 | 111,946 | |||||||||
Chubb INA Holdings, Inc. | ||||||||||||
1,030,000 | 4.350 | 11/03/45 | 1,263,407 | |||||||||
Equitable Holdings, Inc. | ||||||||||||
506,000 | 4.350 | 04/20/28 | 573,386 | |||||||||
330,000 | 5.000 | 04/20/48 | 404,950 | |||||||||
Marsh & McLennan Cos., Inc. | ||||||||||||
175,000 | 4.375 | 03/15/29 | 204,207 | |||||||||
100,000 | 2.250 | 11/15/30 | 100,548 | |||||||||
496,000 | 4.900 | 03/15/49 | 649,220 | |||||||||
MetLife, Inc. | ||||||||||||
50,000 | 3.600 | 04/10/24 | 54,244 | |||||||||
240,000 | 6.375 | 06/15/34 | 340,248 | |||||||||
170,000 | 5.700 | 06/15/35 | 230,908 | |||||||||
1,120,000 | 6.400 | 12/15/36 | 1,416,264 | |||||||||
144,000 | 5.875 | 02/06/41 | 201,835 | |||||||||
150,000 | 4.125 | 08/13/42 | 173,928 | |||||||||
179,000 | 4.875 | 11/13/43 | 229,989 | |||||||||
112,000 | 4.050 | 03/01/45 | 128,714 | |||||||||
100,000 | 4.600 | 05/13/46 | 124,241 | |||||||||
Prudential Financial, Inc. | ||||||||||||
(3M USD LIBOR + 3.920%) | ||||||||||||
500,000 | 5.625 | (a) | 06/15/43 | 541,875 | ||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Insurance – (continued) | ||||||||||||
Prudential Financial, Inc. – (continued) | ||||||||||||
(3M USD LIBOR + 3.031%) | ||||||||||||
$ | 100,000 | 5.375 | %(a) | 05/15/45 | $ 111,100 | |||||||
(3M USD LIBOR + 2.380%) | ||||||||||||
400,000 | 4.500 | (a) | 09/15/47 | 433,878 | ||||||||
210,000 | 3.905 | 12/07/47 | 234,823 | |||||||||
46,000 | 3.935 | 12/07/49 | 51,608 | |||||||||
Prudential Financial, Inc., MTN | ||||||||||||
480,000 | 4.350 | 02/25/50 | 572,491 | |||||||||
350,000 | 3.700 | 03/13/51 | 377,343 | |||||||||
| ||||||||||||
12,867,179 | ||||||||||||
| ||||||||||||
Metals and Mining - 0.1% | ||||||||||||
Newmont Corp. | ||||||||||||
310,000 | 4.875 | 03/15/42 | 383,022 | |||||||||
| ||||||||||||
REITs and Real Estate - 0.5% | ||||||||||||
Equinix, Inc. | ||||||||||||
350,000 | 2.625 | 11/18/24 | 370,508 | |||||||||
676,000 | 5.375 | 05/15/27 | 718,406 | |||||||||
950,000 | 3.200 | 11/18/29 | 1,005,946 | |||||||||
GLP Capital LP / GLP Financing II, Inc. | ||||||||||||
917,000 | 5.375 | 04/15/26 | 1,044,871 | |||||||||
638,000 | 5.300 | 01/15/29 | 733,634 | |||||||||
Simon Property Group LP | ||||||||||||
500,000 | 3.250 | 09/13/49 | 477,479 | |||||||||
| ||||||||||||
4,350,844 | ||||||||||||
| ||||||||||||
Revenue - 0.2% | ||||||||||||
CommonSpirit Health | ||||||||||||
100,000 | 2.760 | 10/01/24 | 106,155 | |||||||||
220,000 | 3.347 | 10/01/29 | 236,401 | |||||||||
738,000 | 4.350 | 11/01/42 | 839,752 | |||||||||
200,000 | 4.187 | 10/01/49 | 218,391 | |||||||||
Kaiser Foundation Hospitals | ||||||||||||
280,000 | 4.150 | 05/01/47 | 340,428 | |||||||||
Kaiser Foundation Hospitals, Series 2019 | ||||||||||||
130,000 | 3.266 | 11/01/49 | 136,497 | |||||||||
| ||||||||||||
1,877,624 | ||||||||||||
| ||||||||||||
Software - 2.0% | ||||||||||||
Oracle Corp. | ||||||||||||
1,032,000 | 2.500 | 05/15/22 | 1,050,923 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Software – (continued) | ||||||||||||
Oracle Corp. – (continued) | ||||||||||||
$ | 800,000 | 2.500 | % | 10/15/22 | $ 824,139 | |||||||
265,000 | 2.625 | 02/15/23 | 275,029 | |||||||||
220,000 | 2.400 | 09/15/23 | 229,153 | |||||||||
660,000 | 3.400 | 07/08/24 | 711,448 | |||||||||
40,000 | 2.950 | 11/15/24 | 42,817 | |||||||||
900,000 | 2.500 | 04/01/25 | 948,604 | |||||||||
230,000 | 2.950 | 05/15/25 | 245,717 | |||||||||
823,000 | 2.650 | 07/15/26 | 872,989 | |||||||||
80,000 | 3.250 | 11/15/27 | 87,026 | |||||||||
900,000 | 2.950 | 04/01/30 | 936,838 | |||||||||
444,000 | 4.300 | 07/08/34 | 506,124 | |||||||||
986,000 | 3.850 | 07/15/36 | 1,063,667 | |||||||||
245,000 | 3.800 | 11/15/37 | 262,109 | |||||||||
896,000 | 6.500 | 04/15/38 | 1,241,525 | |||||||||
400,000 | 3.600 | 04/01/40 | 408,572 | |||||||||
418,000 | 5.375 | 07/15/40 | 523,127 | |||||||||
340,000 | 3.650 | 03/25/41 | 347,305 | |||||||||
809,000 | 4.125 | 05/15/45 | 866,495 | |||||||||
775,000 | 4.000 | 07/15/46 | 812,167 | |||||||||
410,000 | 4.000 | 11/15/47 | 430,641 | |||||||||
850,000 | 3.600 | 04/01/50 | 839,043 | |||||||||
600,000 | 3.950 | 03/25/51 | 623,066 | |||||||||
700,000 | 4.375 | 05/15/55 | 772,267 | |||||||||
1,095,000 | 3.850 | 04/01/60 | 1,099,586 | |||||||||
537,000 | 4.100 | 03/25/61 | 562,514 | |||||||||
| ||||||||||||
16,582,891 | ||||||||||||
| ||||||||||||
Technology - 8.0% | ||||||||||||
Activision Blizzard, Inc. | ||||||||||||
800,000 | 3.400 | 09/15/26 | 884,117 | |||||||||
Adobe, Inc. | ||||||||||||
208,000 | 3.250 | 02/01/25 | 226,104 | |||||||||
180,000 | 2.150 | 02/01/27 | 189,181 | |||||||||
500,000 | 2.300 | 02/01/30 | 513,431 | |||||||||
Alphabet, Inc. | ||||||||||||
339,000 | 1.998 | 08/15/26 | 356,141 | |||||||||
902,000 | 2.050 | 08/15/50 | 760,754 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Technology – (continued) | ||||||||||||
Alphabet, Inc. – (continued) | ||||||||||||
$ | 644,000 | 2.250 | % | 08/15/60 | $ 538,335 | |||||||
Apple, Inc. | ||||||||||||
1,398,000 | 2.100 | 09/12/22 | 1,430,658 | |||||||||
1,470,000 | 2.400 | 05/03/23 | 1,530,238 | |||||||||
180,000 | 3.000 | 02/09/24 | 192,036 | |||||||||
489,000 | 3.450 | 05/06/24 | 532,176 | |||||||||
495,000 | 2.850 | 05/11/24 | 528,808 | |||||||||
500,000 | 2.750 | 01/13/25 | 536,658 | |||||||||
896,000 | 3.250 | 02/23/26 | 986,778 | |||||||||
214,000 | 2.450 | 08/04/26 | 228,442 | |||||||||
210,000 | 3.000 | 06/20/27 | 231,853 | |||||||||
1,395,000 | 2.900 | 09/12/27 | 1,518,792 | |||||||||
410,000 | 3.000 | 11/13/27 | 449,028 | |||||||||
100,000 | 1.650 | 05/11/30 | 97,501 | |||||||||
600,000 | 1.650 | 02/08/31 | 579,324 | |||||||||
1,120,000 | 4.500 | 02/23/36 | 1,391,837 | |||||||||
687,000 | 3.850 | 05/04/43 | 786,619 | |||||||||
310,000 | 4.450 | 05/06/44 | 381,520 | |||||||||
305,000 | 3.450 | 02/09/45 | 328,689 | |||||||||
380,000 | 4.375 | 05/13/45 | 467,681 | |||||||||
1,808,000 | 4.650 | 02/23/46 | 2,307,464 | |||||||||
556,000 | 3.850 | 08/04/46 | 633,825 | |||||||||
296,000 | 4.250 | 02/09/47 | 357,768 | |||||||||
550,000 | 3.750 | 11/13/47 | 621,058 | |||||||||
977,000 | 2.950 | 09/11/49 | 970,829 | |||||||||
239,000 | 2.400 | 08/20/50 | 214,074 | |||||||||
Applied Materials, Inc. | ||||||||||||
100,000 | 1.750 | 06/01/30 | 97,715 | |||||||||
200,000 | 4.350 | 04/01/47 | 245,432 | |||||||||
Broadcom Corp. / Broadcom Cayman Finance Ltd. | ||||||||||||
100,000 | 3.625 | 01/15/24 | 107,154 | |||||||||
1,019,000 | 3.875 | 01/15/27 | 1,120,173 | |||||||||
210,000 | 3.500 | 01/15/28 | 225,729 | |||||||||
Broadcom, Inc. | ||||||||||||
500,000 | 3.150 | 11/15/25 | 537,667 | |||||||||
310,000 | 4.250 | 04/15/26 | 345,650 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Technology – (continued) | ||||||||||||
Broadcom, Inc. – (continued) | ||||||||||||
$ | 431,000 | 3.459 | % | 09/15/26 | $ 468,207 | |||||||
470,000 | 4.750 | 04/15/29 | 538,471 | |||||||||
986,000 | 5.000 | 04/15/30 | 1,140,015 | |||||||||
760,000 | 4.150 | 11/15/30 | 833,200 | |||||||||
600,000 | 2.450 | (b) | 02/15/31 | 576,479 | ||||||||
300,000 | 4.300 | 11/15/32 | 331,558 | |||||||||
425,000 | 3.419 | (b) | 04/15/33 | 434,639 | ||||||||
600,000 | 3.500 | (b) | 02/15/41 | 580,270 | ||||||||
170,000 | 3.750 | (b) | 02/15/51 | 165,501 | ||||||||
Cisco Systems, Inc. | ||||||||||||
260,000 | 3.625 | 03/04/24 | 283,120 | |||||||||
92,000 | 2.500 | 09/20/26 | 99,012 | |||||||||
716,000 | 5.900 | 02/15/39 | 1,022,401 | |||||||||
470,000 | 5.500 | 01/15/40 | 648,664 | |||||||||
Dell International LLC / EMC Corp. | ||||||||||||
565,000 | 5.450 | (b) | 06/15/23 | 614,630 | ||||||||
648,000 | 6.020 | (b) | 06/15/26 | 772,017 | ||||||||
1,426,000 | 4.900 | (b) | 10/01/26 | 1,640,354 | ||||||||
460,000 | 8.100 | (b) | 07/15/36 | 679,019 | ||||||||
400,000 | 8.350 | (b) | 07/15/46 | 626,480 | ||||||||
Fidelity National Information Services, Inc. | ||||||||||||
250,000 | 0.600 | 03/01/24 | 249,867 | |||||||||
Fiserv, Inc. | ||||||||||||
100,000 | 3.800 | 10/01/23 | 107,537 | |||||||||
400,000 | 2.750 | 07/01/24 | 424,303 | |||||||||
500,000 | 3.200 | 07/01/26 | 544,300 | |||||||||
500,000 | 3.500 | 07/01/29 | 543,729 | |||||||||
400,000 | 4.400 | 07/01/49 | 462,576 | |||||||||
HP, Inc. | ||||||||||||
300,000 | 3.400 | 06/17/30 | 319,861 | |||||||||
368,000 | 6.000 | 09/15/41 | 480,786 | |||||||||
Intel Corp. | ||||||||||||
300,000 | 2.875 | 05/11/24 | 320,918 | |||||||||
503,000 | 3.700 | 07/29/25 | 558,326 | |||||||||
120,000 | 2.600 | 05/19/26 | 128,544 | |||||||||
940,000 | 3.150 | 05/11/27 | 1,033,057 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Technology – (continued) | ||||||||||||
Intel Corp. – (continued) | ||||||||||||
$ | 821,000 | 2.450 | % | 11/15/29 | $ 853,781 | |||||||
354,000 | 4.600 | 03/25/40 | 431,974 | |||||||||
290,000 | 4.100 | 05/19/46 | 334,661 | |||||||||
320,000 | 4.100 | 05/11/47 | 367,199 | |||||||||
295,000 | 3.734 | 12/08/47 | 321,989 | |||||||||
740,000 | 3.250 | 11/15/49 | 753,898 | |||||||||
525,000 | 4.750 | 03/25/50 | 668,404 | |||||||||
50,000 | 3.100 | 02/15/60 | 47,844 | |||||||||
100,000 | 4.950 | 03/25/60 | 134,012 | |||||||||
International Business Machines Corp. | ||||||||||||
690,000 | 1.875 | 08/01/22 | 703,376 | |||||||||
100,000 | 2.875 | 11/09/22 | 103,712 | |||||||||
145,000 | 3.625 | 02/12/24 | 157,196 | |||||||||
1,260,000 | 3.300 | 05/15/26 | 1,387,719 | |||||||||
300,000 | 1.700 | 05/15/27 | 304,260 | |||||||||
1,150,000 | 1.950 | 05/15/30 | 1,129,827 | |||||||||
540,000 | 4.150 | 05/15/39 | 620,034 | |||||||||
427,000 | 4.000 | 06/20/42 | 484,951 | |||||||||
300,000 | 2.950 | 05/15/50 | 284,075 | |||||||||
KLA Corp. | ||||||||||||
300,000 | 4.100 | 03/15/29 | 341,197 | |||||||||
Lam Research Corp. | ||||||||||||
565,000 | 4.000 | 03/15/29 | 645,168 | |||||||||
280,000 | 1.900 | 06/15/30 | 275,924 | |||||||||
220,000 | 4.875 | 03/15/49 | 287,097 | |||||||||
Microsoft Corp. | ||||||||||||
120,000 | 2.650 | 11/03/22 | 123,767 | |||||||||
220,000 | 2.125 | 11/15/22 | 226,100 | |||||||||
420,000 | 2.000 | 08/08/23 | 435,325 | |||||||||
522,000 | 2.875 | 02/06/24 | 555,225 | |||||||||
326,000 | 2.700 | 02/12/25 | 349,996 | |||||||||
316,000 | 3.125 | 11/03/25 | 346,476 | |||||||||
176,000 | 2.400 | 08/08/26 | 187,801 | |||||||||
255,000 | 3.300 | 02/06/27 | 284,160 | |||||||||
360,000 | 3.500 | 02/12/35 | 407,901 | |||||||||
450,000 | 3.450 | 08/08/36 | 504,459 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Technology – (continued) | ||||||||||||
Microsoft Corp. – (continued) | ||||||||||||
$ | 113,000 | 4.100 | % | 02/06/37 | $ 135,558 | |||||||
750,000 | 3.700 | 08/08/46 | 862,759 | |||||||||
250,000 | 4.250 | 02/06/47 | 309,230 | |||||||||
1,751,000 | 2.525 | 06/01/50 | 1,630,982 | |||||||||
1,200,000 | 2.921 | 03/17/52 | 1,207,033 | |||||||||
896,000 | 2.675 | 06/01/60 | 831,667 | |||||||||
NVIDIA Corp. | ||||||||||||
530,000 | 3.200 | 09/16/26 | 585,598 | |||||||||
56,000 | 2.850 | 04/01/30 | 59,676 | |||||||||
440,000 | 3.500 | 04/01/50 | 472,354 | |||||||||
PayPal Holdings, Inc. | ||||||||||||
500,000 | 2.400 | 10/01/24 | 528,008 | |||||||||
880,000 | 2.650 | 10/01/26 | 942,094 | |||||||||
200,000 | 2.850 | 10/01/29 | 211,816 | |||||||||
424,000 | 3.250 | 06/01/50 | 431,616 | |||||||||
QUALCOMM, Inc. | ||||||||||||
60,000 | 3.000 | 05/20/22 | 61,636 | |||||||||
216,000 | 2.900 | 05/20/24 | 230,877 | |||||||||
330,000 | 3.450 | 05/20/25 | 362,149 | |||||||||
400,000 | 3.250 | 05/20/27 | 441,757 | |||||||||
126,000 | 2.150 | 05/20/30 | 126,949 | |||||||||
200,000 | 4.650 | 05/20/35 | 247,056 | |||||||||
536,000 | 4.800 | 05/20/45 | 683,355 | |||||||||
250,000 | 4.300 | 05/20/47 | 299,100 | |||||||||
Texas Instruments, Inc. | ||||||||||||
612,000 | 4.150 | 05/15/48 | 745,679 | |||||||||
VMware, Inc. | ||||||||||||
593,000 | 2.950 | 08/21/22 | 609,936 | |||||||||
50,000 | 3.900 | 08/21/27 | 55,595 | |||||||||
Western Digital Corp. | ||||||||||||
1,000,000 | 4.750 | 02/15/26 | 1,115,000 | |||||||||
| ||||||||||||
67,326,068 | ||||||||||||
| ||||||||||||
Telecommunications - 0.4% | ||||||||||||
T-Mobile USA, Inc. | ||||||||||||
1,100,000 | 3.875 | 04/15/30 | 1,204,099 | |||||||||
800,000 | 2.550 | 02/15/31 | 791,989 | |||||||||
700,000 | 4.500 | 04/15/50 | 793,957 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Telecommunications – (continued) | ||||||||||||
T-Mobile USA, Inc. – (continued) | ||||||||||||
$ | 600,000 | 3.600 | % | 11/15/60 | $ 578,684 | |||||||
| ||||||||||||
3,368,729 | ||||||||||||
| ||||||||||||
Transportation - 1.4% | ||||||||||||
Burlington Northern Santa Fe LLC | ||||||||||||
51,000 | 5.750 | 05/01/40 | 70,249 | |||||||||
250,000 | 4.450 | 03/15/43 | 301,867 | |||||||||
260,000 | 4.900 | 04/01/44 | 333,385 | |||||||||
150,000 | 4.550 | 09/01/44 | 183,267 | |||||||||
1,004,000 | 4.150 | 04/01/45 | 1,164,879 | |||||||||
443,000 | 3.900 | 08/01/46 | 499,581 | |||||||||
CSX Corp. | ||||||||||||
696,000 | 3.250 | 06/01/27 | 761,669 | |||||||||
120,000 | 3.800 | 03/01/28 | 134,226 | |||||||||
46,000 | 4.100 | 03/15/44 | 52,423 | |||||||||
190,000 | 3.800 | 11/01/46 | 206,211 | |||||||||
FedEx Corp. | ||||||||||||
540,000 | 3.100 | 08/05/29 | 577,599 | |||||||||
92,000 | 5.100 | 01/15/44 | 114,437 | |||||||||
184,000 | 4.550 | 04/01/46 | 214,846 | |||||||||
260,000 | 4.400 | 01/15/47 | 300,281 | |||||||||
584,000 | 4.950 | 10/17/48 | 730,593 | |||||||||
160,000 | 5.250 | 05/15/50 | 211,028 | |||||||||
FedEx Corp. Pass Through Trust | ||||||||||||
48,663 | 1.875 | 02/20/34 | 47,509 | |||||||||
Southwest Airlines Co. | ||||||||||||
270,000 | 4.750 | 05/04/23 | 291,319 | |||||||||
170,000 | 5.250 | 05/04/25 | 194,747 | |||||||||
Union Pacific Corp. | ||||||||||||
488,000 | 4.163 | 07/15/22 | 504,681 | |||||||||
414,000 | 3.950 | 09/10/28 | 471,147 | |||||||||
500,000 | 2.400 | 02/05/30 | 508,627 | |||||||||
400,000 | 3.250 | 02/05/50 | 399,146 | |||||||||
310,000 | 3.799 | 10/01/51 | 337,615 | |||||||||
408,000 | 3.839 | 03/20/60 | 439,312 | |||||||||
United Parcel Service, Inc. | ||||||||||||
272,000 | 2.450 | 10/01/22 | 280,045 | |||||||||
92,000 | 3.050 | 11/15/27 | 101,777 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Transportation – (continued) | ||||||||||||
United Parcel Service, Inc. – (continued) | ||||||||||||
$ | 792,000 | 3.400 | % | 03/15/29 | $ 881,291 | |||||||
330,000 | 3.750 | 11/15/47 | 372,897 | |||||||||
934,000 | 5.300 | 04/01/50 | 1,303,981 | |||||||||
| ||||||||||||
11,990,635 | ||||||||||||
| ||||||||||||
Wireless - 5.3% | ||||||||||||
American Tower Corp. | ||||||||||||
250,000 | 4.000 | 06/01/25 | 276,393 | |||||||||
1,050,000 | 3.375 | 10/15/26 | 1,145,667 | |||||||||
200,000 | 2.750 | 01/15/27 | 210,471 | |||||||||
675,000 | 3.800 | 08/15/29 | 742,662 | |||||||||
80,000 | 2.900 | 01/15/30 | 82,685 | |||||||||
601,000 | 3.100 | 06/15/50 | 560,160 | |||||||||
AT&T, Inc. | ||||||||||||
50,000 | 3.000 | 06/30/22 | 51,273 | |||||||||
230,000 | 2.625 | 12/01/22 | 236,526 | |||||||||
880,000 | 4.125 | 02/17/26 | 994,701 | |||||||||
915,000 | 3.800 | 02/15/27 | 1,022,228 | |||||||||
900,000 | 4.250 | 03/01/27 | 1,023,105 | |||||||||
339,000 | 2.300 | 06/01/27 | 351,216 | |||||||||
75,000 | 1.650 | 02/01/28 | 73,981 | |||||||||
660,000 | 4.100 | 02/15/28 | 746,631 | |||||||||
715,000 | 4.350 | 03/01/29 | 820,056 | |||||||||
997,000 | 4.300 | 02/15/30 | 1,135,079 | |||||||||
595,000 | 2.750 | 06/01/31 | 604,517 | |||||||||
1,000,000 | 2.250 | 02/01/32 | 963,116 | |||||||||
500,000 | 2.550 | (b) | 12/01/33 | 483,203 | ||||||||
435,000 | 4.500 | 05/15/35 | 499,526 | |||||||||
551,000 | 5.250 | 03/01/37 | 678,839 | |||||||||
640,000 | 4.850 | 03/01/39 | 756,134 | |||||||||
90,000 | 5.350 | 09/01/40 | 112,794 | |||||||||
450,000 | 4.300 | 12/15/42 | 496,489 | |||||||||
330,000 | 4.350 | 06/15/45 | 363,020 | |||||||||
435,000 | 4.750 | 05/15/46 | 508,642 | |||||||||
250,000 | 5.650 | 02/15/47 | 325,903 | |||||||||
640,000 | 4.500 | 03/09/48 | 720,678 | |||||||||
317,000 | 4.550 | 03/09/49 | 360,046 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Wireless – (continued) | ||||||||||||
AT&T, Inc. – (continued) | ||||||||||||
$ | 400,000 | 5.150 | % | 02/15/50 | $ 493,395 | |||||||
470,000 | 3.650 | 06/01/51 | 472,915 | |||||||||
100,000 | 3.300 | 02/01/52 | 93,525 | |||||||||
1,350,000 | 3.500 | (b) | 09/15/53 | 1,285,622 | ||||||||
2,072,000 | 3.550 | (b) | 09/15/55 | 1,971,560 | ||||||||
300,000 | 3.800 | (b) | 12/01/57 | 297,326 | ||||||||
1,872,000 | 3.650 | (b) | 09/15/59 | 1,802,768 | ||||||||
92,000 | 3.850 | 06/01/60 | 92,261 | |||||||||
CC Holdings GS V LLC / Crown Castle GS III Corp. | ||||||||||||
450,000 | 3.849 | 04/15/23 | 477,868 | |||||||||
Crown Castle International Corp. | ||||||||||||
60,000 | 3.150 | 07/15/23 | 63,285 | |||||||||
510,000 | 4.450 | 02/15/26 | 576,464 | |||||||||
130,000 | 3.650 | 09/01/27 | 142,642 | |||||||||
100,000 | 2.250 | 01/15/31 | 96,703 | |||||||||
100,000 | 2.100 | 04/01/31 | 96,000 | |||||||||
100,000 | 3.250 | 01/15/51 | 95,176 | |||||||||
T-Mobile USA, Inc. | ||||||||||||
500,000 | 3.750 | 04/15/27 | 551,285 | |||||||||
800,000 | 2.050 | 02/15/28 | 798,213 | |||||||||
Verizon Communications, Inc. | ||||||||||||
650,000 | 3.500 | 11/01/24 | 705,293 | |||||||||
184,000 | 3.376 | 02/15/25 | 200,454 | |||||||||
540,000 | 0.850 | 11/20/25 | 535,475 | |||||||||
853,000 | 2.625 | 08/15/26 | 905,947 | |||||||||
450,000 | 4.125 | 03/16/27 | 514,770 | |||||||||
1,070,000 | 2.100 | 03/22/28 | 1,081,702 | |||||||||
722,000 | 4.329 | 09/21/28 | 831,424 | |||||||||
860,000 | 4.016 | 12/03/29 | 972,166 | |||||||||
471,000 | 3.150 | 03/22/30 | 499,741 | |||||||||
300,000 | 1.500 | 09/18/30 | 282,248 | |||||||||
1,350,000 | 2.550 | 03/21/31 | 1,356,096 | |||||||||
485,000 | 4.500 | 08/10/33 | 570,144 | |||||||||
750,000 | 4.400 | 11/01/34 | 876,675 | |||||||||
220,000 | 4.272 | 01/15/36 | 254,115 | |||||||||
510,000 | 5.250 | 03/16/37 | 653,084 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Wireless – (continued) | ||||||||||||
Verizon Communications, Inc. – (continued) | ||||||||||||
$ | 1,200,000 | 2.650 | % | 11/20/40 | $ 1,106,233 | |||||||
450,000 | 3.850 | 11/01/42 | 493,978 | |||||||||
60,000 | 6.550 | 09/15/43 | 91,192 | |||||||||
984,000 | 4.125 | 08/15/46 | 1,120,439 | |||||||||
700,000 | 4.862 | 08/21/46 | 871,714 | |||||||||
815,000 | 4.522 | 09/15/48 | 964,788 | |||||||||
330,000 | 5.012 | 04/15/49 | 418,432 | |||||||||
400,000 | 2.875 | 11/20/50 | 362,775 | |||||||||
800,000 | 3.550 | 03/22/51 | 818,414 | |||||||||
394,000 | 5.012 | 08/21/54 | 512,672 | |||||||||
519,000 | 4.672 | 03/15/55 | 644,213 | |||||||||
850,000 | 2.987 | 10/30/56 | 760,917 | |||||||||
650,000 | 3.700 | 03/22/61 | 658,699 | |||||||||
| ||||||||||||
44,816,549 | ||||||||||||
| ||||||||||||
TOTAL CORPORATE OBLIGATIONS | ||||||||||||
(Cost $670,256,731) | $678,898,307 | |||||||||||
| ||||||||||||
Foreign Corporate Debt - 17.9% | ||||||||||||
Banks - 8.9% | ||||||||||||
Banco Bilbao Vizcaya Argentaria SA (Spain) | ||||||||||||
1,000,000 | 0.875 | 09/18/23 | 1,003,910 | |||||||||
200,000 | 1.125 | 09/18/25 | 199,072 | |||||||||
Banco Santander SA (Spain) | ||||||||||||
600,000 | 2.746 | 05/28/25 | 634,913 | |||||||||
600,000 | 3.490 | 05/28/30 | 639,206 | |||||||||
600,000 | 2.749 | 12/03/30 | 589,210 | |||||||||
Bank of Montreal (Canada) | ||||||||||||
(5 Year USD Swap + 1.280%) | ||||||||||||
100,000 | 4.338 | (a) | 10/05/28 | 107,750 | ||||||||
(5 Year USD Swap + 1.432%) | ||||||||||||
2,800,000 | 3.803 | (a) | 12/15/32 | 3,101,000 | ||||||||
Bank of Montreal, MTN (Canada) | ||||||||||||
190,000 | 2.350 | 09/11/22 | 195,055 | |||||||||
210,000 | 2.550 | 11/06/22 | 216,378 | |||||||||
Bank of Montreal, Series E (Canada) | ||||||||||||
50,000 | 3.300 | 02/05/24 | 53,785 | |||||||||
Bank of Nova Scotia (The) (Canada) | ||||||||||||
500,000 | 2.000 | 11/15/22 | 513,156 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Bank of Nova Scotia (The) (Canada) – (continued) | ||||||||||||
$ | 500,000 | 3.400 | % | 02/11/24 | $ 539,103 | |||||||
Barclays PLC (United Kingdom) | ||||||||||||
800,000 | 3.684 | 01/10/23 | 816,406 | |||||||||
(3M USD LIBOR + 1.356%) | ||||||||||||
1,100,000 | 4.338 | (a) | 05/16/24 | 1,180,199 | ||||||||
890,000 | 3.650 | 03/16/25 | 967,038 | |||||||||
1,160,000 | 4.375 | 01/12/26 | 1,305,248 | |||||||||
(SOFR + 2.714%) | ||||||||||||
200,000 | 2.852 | (a) | 05/07/26 | 211,179 | ||||||||
210,000 | 5.200 | 05/12/26 | 240,510 | |||||||||
850,000 | 4.836 | 05/09/28 | 953,356 | |||||||||
(US 5 Year CMT T-Note + 2.900%) | ||||||||||||
200,000 | 3.564 | (a) | 09/23/35 | 204,234 | ||||||||
(US 1 Year CMT T-Note + 1.700%) | ||||||||||||
500,000 | 3.811 | (a) | 03/10/42 | 503,794 | ||||||||
330,000 | 5.250 | 08/17/45 | 418,827 | |||||||||
600,000 | 4.950 | 01/10/47 | 741,909 | |||||||||
Canadian Imperial Bank of Commerce (Canada) | ||||||||||||
1,160,000 | 3.500 | 09/13/23 | 1,243,261 | |||||||||
450,000 | 3.100 | 04/02/24 | 481,871 | |||||||||
Cooperatieve Rabobank UA (Netherlands) | ||||||||||||
370,000 | 3.950 | 11/09/22 | 388,834 | |||||||||
350,000 | 4.625 | 12/01/23 | 382,975 | |||||||||
815,000 | 3.750 | 07/21/26 | 899,257 | |||||||||
468,000 | 5.250 | 05/24/41 | 621,427 | |||||||||
795,000 | 5.250 | 08/04/45 | 1,038,239 | |||||||||
Credit Suisse AG, MTN (Switzerland) | ||||||||||||
500,000 | 3.625 | 09/09/24 | 546,839 | |||||||||
Deutsche Bank AG (Germany) | ||||||||||||
530,000 | 3.300 | 11/16/22 | 550,538 | |||||||||
950,000 | 3.950 | 02/27/23 | 1,000,109 | |||||||||
130,000 | 3.700 | 05/30/24 | 139,619 | |||||||||
(SOFR + 2.581%) | ||||||||||||
800,000 | 3.961 | (a) | 11/26/25 | 870,437 | ||||||||
HSBC Holdings PLC (United Kingdom) | ||||||||||||
540,000 | 4.250 | 03/14/24 | 589,636 | |||||||||
|
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
HSBC Holdings PLC (United Kingdom) – (continued) | ||||||||||||
(3M USD LIBOR + 0.987%) | ||||||||||||
$ | 500,000 | 3.950 | %(a) | 05/18/24 | $ 533,442 | |||||||
400,000 | 4.250 | 08/18/25 | 445,741 | |||||||||
(SOFR + 1.402%) | ||||||||||||
550,000 | 2.633 | (a) | 11/07/25 | 579,799 | ||||||||
750,000 | 4.300 | 03/08/26 | 850,777 | |||||||||
1,390,000 | 3.900 | 05/25/26 | 1,552,916 | |||||||||
(3M USD LIBOR + 1.348%) | ||||||||||||
500,000 | 4.292 | (a) | 09/12/26 | 559,576 | ||||||||
(3M USD LIBOR + 1.535%) | ||||||||||||
700,000 | 4.583 | (a) | 06/19/29 | 799,937 | ||||||||
1,080,000 | 4.950 | 03/31/30 | 1,278,300 | |||||||||
(3M USD LIBOR + 1.610%) | ||||||||||||
500,000 | 3.973 | (a) | 05/22/30 | 551,715 | ||||||||
(SOFR + 2.387%) | ||||||||||||
1,205,000 | 2.848 | (a) | 06/04/31 | 1,225,158 | ||||||||
(SOFR + 1.947%) | ||||||||||||
1,100,000 | 2.357 | (a) | 08/18/31 | 1,075,771 | ||||||||
250,000 | 6.500 | 05/02/36 | 338,284 | |||||||||
546,000 | 6.500 | 09/15/37 | 744,754 | |||||||||
455,000 | 6.800 | 06/01/38 | 641,221 | |||||||||
130,000 | 6.100 | 01/14/42 | 183,388 | |||||||||
ING Groep NV (Netherlands) | ||||||||||||
590,000 | 4.100 | 10/02/23 | 639,150 | |||||||||
200,000 | 3.950 | 03/29/27 | 225,535 | |||||||||
490,000 | 4.550 | 10/02/28 | 570,343 | |||||||||
330,000 | 4.050 | 04/09/29 | 371,584 | |||||||||
Lloyds Banking Group PLC (United Kingdom) | ||||||||||||
1,120,000 | 4.050 | 08/16/23 | 1,206,427 | |||||||||
200,000 | 3.900 | 03/12/24 | 218,895 | |||||||||
650,000 | 4.500 | 11/04/24 | 724,554 | |||||||||
(US 1 Year CMT T-Note + 3.500%) | ||||||||||||
200,000 | 3.870 | (a) | 07/09/25 | 217,909 | ||||||||
300,000 | 4.582 | 12/10/25 | 337,458 | |||||||||
(US 1 Year CMT T-Note + 1.000%) | ||||||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Lloyds Banking Group PLC (United Kingdom) – (continued) | ||||||||||||
$ | 200,000 | 2.438 | %(a) | 02/05/26 | $ 207,729 | |||||||
525,000 | 3.750 | 01/11/27 | 582,321 | |||||||||
640,000 | 4.375 | 03/22/28 | 731,106 | |||||||||
200,000 | 5.300 | 12/01/45 | 255,780 | |||||||||
200,000 | 4.344 | 01/09/48 | 223,929 | |||||||||
Mitsubishi UFJ Financial Group, Inc. (Japan) | ||||||||||||
1,400,000 | 2.623 | 07/18/22 | 1,437,458 | |||||||||
730,000 | 2.665 | 07/25/22 | 750,168 | |||||||||
690,000 | 3.407 | 03/07/24 | 742,983 | |||||||||
200,000 | 2.193 | 02/25/25 | 208,873 | |||||||||
850,000 | 3.850 | 03/01/26 | 956,030 | |||||||||
830,000 | 3.677 | 02/22/27 | 932,123 | |||||||||
150,000 | 3.287 | 07/25/27 | 165,337 | |||||||||
874,000 | 3.961 | 03/02/28 | 984,716 | |||||||||
100,000 | 3.741 | 03/07/29 | 111,709 | |||||||||
500,000 | 3.195 | 07/18/29 | 533,981 | |||||||||
640,000 | 2.559 | 02/25/30 | 653,661 | |||||||||
200,000 | 2.048 | 07/17/30 | 196,559 | |||||||||
200,000 | 3.751 | 07/18/39 | 222,241 | |||||||||
Mizuho Financial Group, Inc. (Japan) | ||||||||||||
690,000 | 2.601 | 09/11/22 | 710,355 | |||||||||
(3M USD LIBOR + 0.830%) | ||||||||||||
200,000 | 2.226 | (a) | 05/25/26 | 206,602 | ||||||||
200,000 | 2.839 | 09/13/26 | 214,910 | |||||||||
1,085,000 | 4.018 | 03/05/28 | 1,218,128 | |||||||||
(SOFR + 1.772%) | ||||||||||||
950,000 | 2.201 | (a) | 07/10/31 | 929,450 | ||||||||
National Australia Bank Ltd. (Australia) | ||||||||||||
1,050,000 | 2.500 | 07/12/26 | 1,117,393 | |||||||||
National Australia Bank Ltd., GMTN (Australia) | ||||||||||||
800,000 | 2.500 | 05/22/22 | 818,213 | |||||||||
Natwest Group PLC (United Kingdom) | ||||||||||||
57,000 | 6.125 | 12/15/22 | 61,557 | |||||||||
(3M USD LIBOR + 1.480%) | ||||||||||||
960,000 | 3.498 | (a) | 05/15/23 | 986,992 | ||||||||
(3M USD LIBOR + 1.762%) | ||||||||||||
|
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Natwest Group PLC (United Kingdom) – (continued) | ||||||||||||
$ | 885,000 | 4.269 | %(a) | 03/22/25 | $ 964,246 | |||||||
(3M USD LIBOR + 1.754%) | ||||||||||||
345,000 | 4.892 | (a) | 05/18/29 | 400,318 | ||||||||
(US 5 Year CMT T-Note + 2.100%) | ||||||||||||
600,000 | 3.754 | (a) | 11/01/29 | 640,922 | ||||||||
(3M USD LIBOR + 1.905%) | ||||||||||||
500,000 | 5.076 | (a) | 01/27/30 | 584,768 | ||||||||
(3M USD LIBOR + 1.871%) | ||||||||||||
370,000 | 4.445 | (a) | 05/08/30 | 419,167 | ||||||||
(US 5 Year CMT T-Note + 2.350%) | ||||||||||||
1,320,000 | 3.032 | (a) | 11/28/35 | 1,299,545 | ||||||||
Royal Bank of Canada, GMTN (Canada) | ||||||||||||
1,000,000 | 2.800 | 04/29/22 | 1,024,004 | |||||||||
370,000 | 1.600 | 04/17/23 | 379,481 | |||||||||
1,100,000 | 3.700 | 10/05/23 | 1,185,933 | |||||||||
300,000 | 4.650 | 01/27/26 | 345,363 | |||||||||
Santander UK PLC (United Kingdom) | ||||||||||||
1,100,000 | 4.000 | 03/13/24 | 1,204,768 | |||||||||
Sumitomo Mitsui Banking Corp. (Japan) | ||||||||||||
700,000 | 3.200 | 07/18/22 | 721,044 | |||||||||
Sumitomo Mitsui Financial Group, Inc. (Japan) | ||||||||||||
340,000 | 2.784 | 07/12/22 | 349,596 | |||||||||
350,000 | 2.778 | 10/18/22 | 361,606 | |||||||||
850,000 | 3.102 | 01/17/23 | 888,910 | |||||||||
400,000 | 3.784 | 03/09/26 | 445,890 | |||||||||
50,000 | 2.632 | 07/14/26 | 53,036 | |||||||||
610,000 | 3.010 | 10/19/26 | 660,194 | |||||||||
100,000 | 3.446 | 01/11/27 | 109,934 | |||||||||
150,000 | 3.364 | 07/12/27 | 164,827 | |||||||||
500,000 | 3.040 | 07/16/29 | 531,053 | |||||||||
1,000,000 | 2.750 | 01/15/30 | 1,042,350 | |||||||||
1,240,000 | 2.130 | 07/08/30 | 1,223,013 | |||||||||
Toronto-Dominion Bank (The), GMTN (Canada) | ||||||||||||
225,000 | 3.500 | 07/19/23 | 240,556 | |||||||||
377,000 | 3.250 | 03/11/24 | 406,458 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Toronto-Dominion Bank (The), MTN (Canada) | ||||||||||||
$ | 585,000 | 1.900 | % | 12/01/22 | $ 599,858 | |||||||
1,110,000 | 2.650 | 06/12/24 | 1,180,206 | |||||||||
Toronto-Dominion Bank (The)(a) (Canada) | ||||||||||||
(5 Year USD Swap + 2.205%) | ||||||||||||
200,000 | 3.625 | 09/15/31 | 222,250 | |||||||||
Westpac Banking Corp. (Australia) | ||||||||||||
100,000 | 3.300 | 02/26/24 | 107,831 | |||||||||
100,000 | 2.350 | 02/19/25 | 105,657 | |||||||||
100,000 | 3.400 | 01/25/28 | 111,374 | |||||||||
(US 5 Year CMT T-Note + 2.000%) | ||||||||||||
100,000 | 4.110 | (a) | 07/24/34 | 108,317 | ||||||||
500,000 | 4.421 | 07/24/39 | 576,246 | |||||||||
100,000 | 2.963 | 11/16/40 | 95,289 | |||||||||
| ||||||||||||
74,875,228 | ||||||||||||
| ||||||||||||
Beverages - 0.2% | ||||||||||||
Coca-Cola Femsa SAB de CV (Mexico) | ||||||||||||
700,000 | 2.750 | 01/22/30 | 721,490 | |||||||||
Fomento Economico Mexicano SAB de CV (Mexico) | ||||||||||||
790,000 | 3.500 | 01/16/50 | 805,101 | |||||||||
| ||||||||||||
1,526,591 | ||||||||||||
| ||||||||||||
Brokerage - 0.1% | ||||||||||||
Brookfield Finance, Inc. (Canada) | ||||||||||||
309,000 | 4.700 | 09/20/47 | 362,640 | |||||||||
Nomura Holdings, Inc. (Japan) | ||||||||||||
300,000 | 3.103 | 01/16/30 | 310,465 | |||||||||
| ||||||||||||
673,105 | ||||||||||||
| ||||||||||||
Consumer Noncyclical - 1.9% | ||||||||||||
AstraZeneca PLC (United Kingdom) | ||||||||||||
184,000 | 2.375 | 06/12/22 | 187,506 | |||||||||
490,000 | 3.375 | 11/16/25 | 538,876 | |||||||||
204,000 | 0.700 | 04/08/26 | 199,992 | |||||||||
170,000 | 3.125 | 06/12/27 | 186,006 | |||||||||
477,000 | 1.375 | 08/06/30 | 447,433 | |||||||||
330,000 | 6.450 | 09/15/37 | 480,326 | |||||||||
80,000 | 4.375 | 11/16/45 | 96,379 | |||||||||
410,000 | 4.375 | 08/17/48 | 496,669 | |||||||||
|
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
BAT Capital Corp. (United Kingdom) | ||||||||||||
$ | 745,000 | 3.222 | % | 08/15/24 | $ 794,414 | |||||||
100,000 | 4.700 | 04/02/27 | 112,602 | |||||||||
560,000 | 3.557 | 08/15/27 | 595,986 | |||||||||
125,000 | 2.259 | 03/25/28 | 123,000 | |||||||||
200,000 | 4.906 | 04/02/30 | 226,293 | |||||||||
1,089,000 | 4.390 | 08/15/37 | 1,134,618 | |||||||||
408,000 | 4.540 | 08/15/47 | 410,550 | |||||||||
150,000 | 4.758 | 09/06/49 | 154,394 | |||||||||
BAT International Finance PLC (United Kingdom) | ||||||||||||
400,000 | 1.668 | 03/25/26 | 397,685 | |||||||||
GlaxoSmithKline Capital PLC (United Kingdom) | ||||||||||||
68,000 | 2.850 | 05/08/22 | 69,695 | |||||||||
210,000 | 2.875 | 06/01/22 | 215,201 | |||||||||
240,000 | 3.375 | 06/01/29 | 264,471 | |||||||||
GlaxoSmithKline Capital, Inc. (United Kingdom) | ||||||||||||
225,000 | 2.800 | 03/18/23 | 235,171 | |||||||||
418,000 | 3.875 | 05/15/28 | 474,753 | |||||||||
397,000 | 6.375 | 05/15/38 | 579,741 | |||||||||
Novartis Capital Corp. (Switzerland) | ||||||||||||
254,000 | 2.400 | 05/17/22 | 258,767 | |||||||||
70,000 | 3.400 | 05/06/24 | 76,201 | |||||||||
200,000 | 1.750 | 02/14/25 | 207,460 | |||||||||
489,000 | 3.000 | 11/20/25 | 533,231 | |||||||||
842,000 | 3.100 | 05/17/27 | 923,849 | |||||||||
750,000 | 2.200 | 08/14/30 | 765,698 | |||||||||
220,000 | 4.400 | 05/06/44 | 273,482 | |||||||||
225,000 | 2.750 | 08/14/50 | 217,783 | |||||||||
Reynolds American, Inc. (United Kingdom) | ||||||||||||
1,270,000 | 4.450 | 06/12/25 | 1,412,265 | |||||||||
380,000 | 5.700 | 08/15/35 | 450,387 | |||||||||
295,000 | 5.850 | 08/15/45 | 343,181 | |||||||||
Sanofi (France) | ||||||||||||
120,000 | 3.625 | 06/19/28 | 135,516 | |||||||||
Takeda Pharmaceutical Co., Ltd. (Japan) | ||||||||||||
200,000 | 4.400 | 11/26/23 | 218,765 | |||||||||
500,000 | 5.000 | 11/26/28 | 598,490 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Takeda Pharmaceutical Co., Ltd. (Japan) – (continued) | ||||||||||||
$ | 800,000 | 3.175 | % | 07/09/50 | $ 769,216 | |||||||
| ||||||||||||
15,606,052 | ||||||||||||
| ||||||||||||
Consumer Products - 0.1% | ||||||||||||
Unilever Capital Corp. (United Kingdom) | ||||||||||||
100,000 | 2.900 | 05/05/27 | 108,741 | |||||||||
500,000 | 3.500 | 03/22/28 | 557,516 | |||||||||
500,000 | 2.125 | 09/06/29 | 509,014 | |||||||||
| ||||||||||||
1,175,271 | ||||||||||||
| ||||||||||||
Electric - 0.1% | ||||||||||||
Emera US Finance LP (Canada) | ||||||||||||
654,000 | 3.550 | 06/15/26 | 714,656 | |||||||||
240,000 | 4.750 | 06/15/46 | 275,134 | |||||||||
| ||||||||||||
989,790 | ||||||||||||
| ||||||||||||
Energy - 2.2% | ||||||||||||
BP Capital Markets PLC (United Kingdom) | ||||||||||||
120,000 | 2.500 | 11/06/22 | 123,769 | |||||||||
160,000 | 3.994 | 09/26/23 | 173,504 | |||||||||
390,000 | 3.814 | 02/10/24 | 424,778 | |||||||||
570,000 | 3.535 | 11/04/24 | 624,587 | |||||||||
200,000 | 3.506 | 03/17/25 | 220,416 | |||||||||
200,000 | 3.279 | 09/19/27 | 219,610 | |||||||||
207,000 | 3.723 | 11/28/28 | 231,360 | |||||||||
Canadian Natural Resources Ltd. (Canada) | ||||||||||||
800,000 | 3.850 | 06/01/27 | 884,608 | |||||||||
Canadian Natural Resources Ltd., GMTN (Canada) | ||||||||||||
1,010,000 | 4.950 | 06/01/47 | 1,217,973 | |||||||||
Cenovus Energy, Inc. (Canada) | ||||||||||||
240,000 | 5.375 | 07/15/25 | 274,200 | |||||||||
100,000 | 4.400 | 04/15/29 | 111,380 | |||||||||
100,000 | 6.750 | 11/15/39 | 131,380 | |||||||||
452,000 | 5.400 | 06/15/47 | 532,498 | |||||||||
Enbridge, Inc. (Canada) | ||||||||||||
320,000 | 4.000 | 10/01/23 | 342,817 | |||||||||
782,000 | 3.125 | 11/15/29 | 827,620 | |||||||||
Equinor ASA (Norway) | ||||||||||||
70,000 | 2.450 | 01/17/23 | 72,479 | |||||||||
500,000 | 2.875 | 04/06/25 | 536,519 | |||||||||
|
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Equinor ASA (Norway) – (continued) | ||||||||||||
$ | 100,000 | 1.750 | % | 01/22/26 | $ 103,271 | |||||||
300,000 | 3.125 | 04/06/30 | 322,998 | |||||||||
100,000 | 2.375 | 05/22/30 | 101,846 | |||||||||
140,000 | 3.950 | 05/15/43 | 159,583 | |||||||||
92,000 | 3.250 | 11/18/49 | 93,832 | |||||||||
250,000 | 3.700 | 04/06/50 | 274,118 | |||||||||
Shell International Finance BV (Netherlands) | ||||||||||||
600,000 | 2.000 | 11/07/24 | 627,641 | |||||||||
500,000 | 2.875 | 05/10/26 | 543,861 | |||||||||
500,000 | 3.875 | 11/13/28 | 569,125 | |||||||||
100,000 | 2.375 | 11/07/29 | 102,581 | |||||||||
500,000 | 4.125 | 05/11/35 | 584,538 | |||||||||
936,000 | 6.375 | 12/15/38 | 1,364,491 | |||||||||
892,000 | 4.375 | 05/11/45 | 1,067,186 | |||||||||
674,000 | 4.000 | 05/10/46 | 768,119 | |||||||||
329,000 | 3.750 | 09/12/46 | 362,176 | |||||||||
92,000 | 3.125 | 11/07/49 | 91,187 | |||||||||
Suncor Energy, Inc. (Canada) | ||||||||||||
434,000 | 4.000 | 11/15/47 | 464,465 | |||||||||
Total Capital International SA (France) | ||||||||||||
500,000 | 2.829 | 01/10/30 | 529,092 | |||||||||
500,000 | 2.986 | 06/29/41 | 491,965 | |||||||||
100,000 | 3.127 | 05/29/50 | 97,961 | |||||||||
Total Capital SA (France) | ||||||||||||
244,000 | 3.883 | 10/11/28 | 276,330 | |||||||||
TransCanada PipeLines Ltd. (Canada) | ||||||||||||
360,000 | 4.250 | 05/15/28 | 410,164 | |||||||||
300,000 | 4.100 | 04/15/30 | 341,352 | |||||||||
50,000 | 4.625 | 03/01/34 | 58,127 | |||||||||
364,000 | 6.200 | 10/15/37 | 483,812 | |||||||||
250,000 | 7.625 | 01/15/39 | 379,321 | |||||||||
160,000 | 6.100 | 06/01/40 | 215,603 | |||||||||
222,000 | 4.875 | 05/15/48 | 269,652 | |||||||||
349,000 | 5.100 | 03/15/49 | 441,306 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Transcanada Trust(a) (Canada) | ||||||||||||
(3M USD LIBOR + 3.208%) | ||||||||||||
$ | 90,000 | 5.300 | % | 03/15/77 | $ 94,917 | |||||||
Transcanada Trust(a), Series 16-A (Canada) | ||||||||||||
(3M USD LIBOR + 4.640%) | ||||||||||||
70,000 | 5.875 | 08/15/76 | 78,050 | |||||||||
| ||||||||||||
18,718,168 | ||||||||||||
| ||||||||||||
Food and Beverage - 1.9% | ||||||||||||
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. (Belgium) | ||||||||||||
785,000 | 3.650 | 02/01/26 | 870,308 | |||||||||
950,000 | 4.700 | 02/01/36 | 1,130,340 | |||||||||
1,685,000 | 4.900 | 02/01/46 | 2,030,446 | |||||||||
Anheuser-Busch InBev Finance, Inc. (Belgium) | ||||||||||||
200,000 | 3.650 | 02/01/26 | 221,476 | |||||||||
100,000 | 4.000 | 01/17/43 | 108,397 | |||||||||
535,000 | 4.625 | 02/01/44 | 627,561 | |||||||||
300,000 | 4.900 | 02/01/46 | 361,063 | |||||||||
Anheuser-Busch InBev Worldwide, Inc. (Belgium) | ||||||||||||
1,000,000 | 4.150 | 01/23/25 | 1,120,618 | |||||||||
790,000 | 4.000 | 04/13/28 | 897,856 | |||||||||
700,000 | 4.750 | 01/23/29 | 824,486 | |||||||||
317,000 | 4.900 | 01/23/31 | 384,398 | |||||||||
620,000 | 4.375 | 04/15/38 | 712,692 | |||||||||
100,000 | 4.350 | 06/01/40 | 114,535 | |||||||||
290,000 | 4.950 | 01/15/42 | 354,116 | |||||||||
1,180,000 | 4.600 | 04/15/48 | 1,371,239 | |||||||||
210,000 | 4.439 | 10/06/48 | 239,439 | |||||||||
1,436,000 | 5.550 | 01/23/49 | 1,877,841 | |||||||||
150,000 | 4.500 | 06/01/50 | 172,957 | |||||||||
260,000 | 4.750 | 04/15/58 | 305,640 | |||||||||
1,084,000 | 5.800 | 01/23/59 | 1,477,320 | |||||||||
Diageo Capital PLC (United Kingdom) | ||||||||||||
400,000 | 2.125 | 04/29/32 | 393,136 | |||||||||
Diageo Investment Corp. (United Kingdom) | ||||||||||||
50,000 | 2.875 | 05/11/22 | 51,261 | |||||||||
| ||||||||||||
15,647,125 | ||||||||||||
| ||||||||||||
Insurance - 0.1% | ||||||||||||
AXA SA (France) | ||||||||||||
405,000 | 8.600 | 12/15/30 | 612,651 | |||||||||
|
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Insurance – (continued) | ||||||||||||
Manulife Financial Corp.(a) (Canada) | ||||||||||||
(5 Year USD Swap + 1.647%) | ||||||||||||
$ | 356,000 | 4.061 | % | 02/24/32 | $ 393,464 | |||||||
| ||||||||||||
1,006,115 | ||||||||||||
| ||||||||||||
Internet - 0.2% | ||||||||||||
Alibaba Group Holding Ltd. (China) | ||||||||||||
420,000 | 3.400 | 12/06/27 | 459,637 | |||||||||
600,000 | 2.125 | 02/09/31 | 580,802 | |||||||||
Baidu, Inc. (China) | ||||||||||||
800,000 | 3.875 | 09/29/23 | 853,416 | |||||||||
| ||||||||||||
1,893,855 | ||||||||||||
| ||||||||||||
Media - 0.0% | ||||||||||||
Grupo Televisa SAB (Mexico) | ||||||||||||
200,000 | 5.250 | 05/24/49 | 243,032 | |||||||||
| ||||||||||||
Metals and Mining - 0.2% | ||||||||||||
BHP Billiton Finance USA Ltd. (Australia) | ||||||||||||
150,000 | 4.125 | 02/24/42 | 176,175 | |||||||||
350,000 | 5.000 | 09/30/43 | 464,424 | |||||||||
Rio Tinto Finance USA Ltd. (Australia) | ||||||||||||
80,000 | 7.125 | 07/15/28 | 107,956 | |||||||||
525,000 | 5.200 | 11/02/40 | 697,643 | |||||||||
Rio Tinto Finance USA PLC (Australia) | ||||||||||||
80,000 | 4.125 | 08/21/42 | 95,540 | |||||||||
| ||||||||||||
1,541,738 | ||||||||||||
| ||||||||||||
Mining - 0.6% | ||||||||||||
Barrick Gold Corp. (Canada) | ||||||||||||
405,000 | 5.250 | 04/01/42 | 517,571 | |||||||||
Barrick North America Finance LLC (Canada) | ||||||||||||
50,000 | 5.700 | 05/30/41 | 66,525 | |||||||||
170,000 | 5.750 | 05/01/43 | 228,532 | |||||||||
Barrick PD Australia Finance Pty Ltd. (Canada) | ||||||||||||
100,000 | 5.950 | 10/15/39 | 136,264 | |||||||||
Southern Copper Corp. (Peru) | ||||||||||||
640,000 | 7.500 | 07/27/35 | 909,851 | |||||||||
230,000 | 6.750 | 04/16/40 | 318,937 | |||||||||
386,000 | 5.250 | 11/08/42 | 467,346 | |||||||||
190,000 | 5.875 | 04/23/45 | 248,093 | |||||||||
Vale Overseas Ltd. (Brazil) | ||||||||||||
1,000,000 | 6.250 | 08/10/26 | 1,210,000 | |||||||||
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Mining – (continued) | ||||||||||||
Vale Overseas Ltd. (Brazil) – (continued) | ||||||||||||
$ | 350,000 | 6.875 | % | 11/21/36 | $ 476,656 | |||||||
552,000 | 6.875 | 11/10/39 | 764,520 | |||||||||
| ||||||||||||
5,344,295 | ||||||||||||
| ||||||||||||
Oil Company-Integrated - 0.1% | ||||||||||||
Ecopetrol SA (Colombia) | ||||||||||||
200,000 | 5.875 | 09/18/23 | 216,750 | |||||||||
200,000 | 6.875 | 04/29/30 | 237,500 | |||||||||
200,000 | 7.375 | 09/18/43 | 240,000 | |||||||||
200,000 | 5.875 | 05/28/45 | 206,750 | |||||||||
| ||||||||||||
901,000 | ||||||||||||
| ||||||||||||
Technology - 0.0% | ||||||||||||
NXP BV / NXP Funding LLC(b) (China) | ||||||||||||
170,000 | 4.875 | 03/01/24 | 188,566 | |||||||||
NXP BV / NXP Funding LLC / NXP USA, Inc.(b) (China) | ||||||||||||
200,000 | 3.400 | 05/01/30 | 215,502 | |||||||||
| ||||||||||||
404,068 | ||||||||||||
| ||||||||||||
Telecommunications - 0.3% | ||||||||||||
America Movil SAB de CV (Mexico) | ||||||||||||
514,000 | 3.125 | 07/16/22 | 528,946 | |||||||||
320,000 | 2.875 | 05/07/30 | 332,213 | |||||||||
640,000 | 6.125 | 03/30/40 | 890,528 | |||||||||
470,000 | 4.375 | 04/22/49 | 557,924 | |||||||||
| ||||||||||||
2,309,611 | ||||||||||||
| ||||||||||||
Wireless - 0.5% | ||||||||||||
Rogers Communications, Inc. (Canada) | ||||||||||||
70,000 | 4.100 | 10/01/23 | 75,152 | |||||||||
500,000 | 4.350 | 05/01/49 | 559,151 | |||||||||
Vodafone Group PLC (United Kingdom) | ||||||||||||
1,000,000 | 3.750 | 01/16/24 | 1,088,501 | |||||||||
50,000 | 4.125 | 05/30/25 | 56,087 | |||||||||
700,000 | 5.250 | 05/30/48 | 886,852 | |||||||||
500,000 | 4.875 | 06/19/49 | 603,954 | |||||||||
500,000 | 4.250 | 09/17/50 | 557,491 | |||||||||
| ||||||||||||
3,827,188 | ||||||||||||
| ||||||||||||
Wirelines - 0.5% | ||||||||||||
Orange SA (France) | ||||||||||||
930,000 | 9.000 | 03/01/31 | 1,450,163 | |||||||||
|
Principal | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Wirelines – (continued) | ||||||||||||
Orange SA (France) – (continued) | ||||||||||||
$ | 260,000 | 5.375 | % | 01/13/42 | $ 345,050 | |||||||
Telefonica Emisiones SA (Spain) | ||||||||||||
200,000 | 4.103 | 03/08/27 | 225,614 | |||||||||
100,000 | 7.045 | 06/20/36 | 141,394 | |||||||||
500,000 | 4.665 | 03/06/38 | 568,859 | |||||||||
600,000 | 5.213 | 03/08/47 | 719,250 | |||||||||
415,000 | 4.895 | 03/06/48 | 480,186 | |||||||||
3,930,516 | ||||||||||||
| ||||||||||||
TOTAL FOREIGN CORPORATE DEBT (Cost $148,085,022) | $150,612,748 | |||||||||||
| ||||||||||||
Shares | Dividend Rate | Value | ||||||||||
Investment Company – 0.4%(c) | ||||||||||||
Goldman Sachs Financial Square Government Fund – Institutional Shares | ||||||||||||
$ | 3,195,464 | 0.026% | $ 3,195,464 | |||||||||
(Cost $3,195,464) | ||||||||||||
| ||||||||||||
TOTAL INVESTMENTS – 99.2% (Cost $821,537,217) | $832,706,519 | |||||||||||
| ||||||||||||
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.8% | 7,173,680 | |||||||||||
| ||||||||||||
NET ASSETS - 100.0% | $839,880,199 | |||||||||||
|
The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. | ||
(a) | Variable rate security. Interest rate or distribution rate disclosed is that which is in effect on May 31, 2021. | |
(b) | Exempt from registration under Rule 144A of the Securities Act of 1933. | |
(c) | Represents an affiliated issuer. |
| ||
Investment Abbreviations: | ||
CMT | — Constant Maturity Treasury Index | |
GMTN | — Global Medium Term Note | |
|
GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
| ||
Investment Abbreviations: (continued) | ||
LIBOR | — London Interbank Offered Rate | |
LP | — Limited Partnership | |
MTN | — Medium Term Note | |
PLC | — Public Limited Company | |
REIT | — Real Estate Investment Trust | |
SOFR | — Secured Overnight Financing Rate | |
|
GOLDMAN SACHS ACCESS TREASURY 0-1 YEAR ETF
Schedule of Investments
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate(a) | Maturity Date | Value | |||||||||
U.S. Treasury Bills – 74.3% | ||||||||||||
U.S. Cash Management Bill | ||||||||||||
$ | 39,500,000 | 0.010 | % | 09/21/21 | $ 39,499,386 | |||||||
U.S. Treasury Bills | ||||||||||||
165,000 | 0.013 | 07/01/21 | 165,000 | |||||||||
660,000 | 0.013 | 07/01/21 | 660,000 | |||||||||
56,673,000 | 0.018 | 07/01/21 | 56,673,000 | |||||||||
610,000 | 0.017 | 07/22/21 | 610,004 | |||||||||
2,440,000 | 0.018 | 07/22/21 | 2,440,017 | |||||||||
1,190,000 | 0.030 | 07/22/21 | 1,190,008 | |||||||||
31,418,200 | 0.049 | 07/22/21 | 31,418,423 | |||||||||
50,000,000 | 0.049 | 07/22/21 | 50,000,354 | |||||||||
2,657,100 | 0.072 | 07/22/21 | 2,657,119 | |||||||||
126,424,000 | 0.072 | 07/22/21 | 126,424,896 | |||||||||
100,000,000 | 0.007 | 07/27/21 | 100,000,000 | |||||||||
5,450,700 | 0.007 | 07/27/21 | 5,450,700 | |||||||||
136,453,600 | 0.007 | 07/29/21 | 136,453,820 | |||||||||
50,000,000 | 0.008 | 08/19/21 | 49,999,122 | |||||||||
17,850,300 | 0.008 | 08/19/21 | 17,849,987 | |||||||||
26,640,800 | 0.017 | 08/19/21 | 26,640,332 | |||||||||
405,000 | 0.021 | 08/19/21 | 404,993 | |||||||||
1,620,000 | 0.025 | 08/19/21 | 1,619,971 | |||||||||
106,569,600 | 0.049 | 08/19/21 | 106,567,729 | |||||||||
5,983,100 | 0.010 | 08/26/21 | 5,982,986 | |||||||||
100,000,000 | 0.010 | 08/26/21 | 99,998,088 | |||||||||
43,633,200 | 0.018 | 10/07/21 | 43,630,873 | |||||||||
60,000 | 0.030 | 10/07/21 | 59,997 | |||||||||
168,000 | 0.035 | 10/07/21 | 167,991 | |||||||||
240,000 | 0.038 | 10/07/21 | 239,987 | |||||||||
728,000 | 0.099 | 10/07/21 | 727,961 | |||||||||
17,243,600 | 0.122 | 10/07/21 | 17,242,680 | |||||||||
92,748,300 | 0.027 | 11/26/21 | 92,733,167 | |||||||||
4,328,500 | 0.031 | 12/30/21 | 4,327,659 | |||||||||
200,000 | 0.043 | 12/30/21 | 199,961 | |||||||||
800,000 | 0.046 | 12/30/21 | 799,845 | |||||||||
560,000 | 0.053 | 12/30/21 | 559,891 | |||||||||
68,163,500 | 0.084 | 12/30/21 | 68,150,254 | |||||||||
|
Principal Amount | Interest Rate(a) | Maturity Date | Value | |||||||||
U.S. Treasury Bills – (continued) | ||||||||||||
U.S. Treasury Bills - (continued) | ||||||||||||
$ | 140,000 | 0.043 | % | 02/24/22 | $ 139,978 | |||||||
47,956,700 | 0.049 | 02/24/22 | 47,949,203 | |||||||||
560,000 | 0.051 | 02/24/22 | 559,912 | |||||||||
38,572,300 | 0.043 | 03/24/22 | 38,564,054 | |||||||||
65,000 | 0.049 | 03/24/22 | 64,986 | |||||||||
18,669,600 | 0.057 | 03/24/22 | 18,665,609 | |||||||||
260,000 | 0.058 | 03/24/22 | 259,944 | |||||||||
61,645,800 | 0.024 | 04/21/22 | 61,629,156 | |||||||||
26,694,100 | 0.048 | 04/21/22 | 26,686,893 | |||||||||
26,505,400 | 0.039 | 05/19/22 | 26,496,329 | |||||||||
| ||||||||||||
TOTAL U.S. TREASURY BILLS (Cost $1,312,481,864) | $1,312,562,265 | |||||||||||
| ||||||||||||
U.S. Treasury Notes – 25.5% | ||||||||||||
U.S. Treasury Notes | ||||||||||||
$ | 169,663,600 | 2.750 | % | 09/15/21 | $ 170,993,668 | |||||||
113,678,500 | 2.000 | 10/31/21 | 114,600,068 | |||||||||
64,196,700 | 2.875 | 11/15/21 | 65,025,713 | |||||||||
81,607,500 | 2.500 | 01/15/22 | 82,846,936 | |||||||||
15,482,200 | 2.500 | 02/15/22 | 15,751,275 | |||||||||
| ||||||||||||
TOTAL U.S. TREASURY NOTES (Cost $449,136,141) | $ 449,217,660 | |||||||||||
| ||||||||||||
TOTAL INVESTMENTS – 99.8% (Cost $1,761,618,005) | $1,761,779,925 | |||||||||||
| ||||||||||||
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.2% | 4,312,975 | |||||||||||
| ||||||||||||
NET ASSETS - 100.0% | $1,766,092,900 | |||||||||||
|
The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. | ||
(a) | Interest rates represent either the stated coupon rate, annualized yield on date of purchase for discounted securities, or, for floating rate securities, the current reset rate, which is based upon current interest rate indices. |
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
U.S. Treasury Notes – 33.3% | ||||||||||||
U.S. Treasury Notes | ||||||||||||
$ | 2,190,000 | 1.375 | % | 08/31/23 | $ 2,249,113 | |||||||
6,970,000 | 2.125 | 02/29/24 | 7,327,757 | |||||||||
7,620,000 | 2.500 | 01/31/25 | 8,184,951 | |||||||||
8,150,000 | 2.000 | 02/15/25 | 8,606,527 | |||||||||
11,319,000 | 2.125 | 05/31/26 | 12,056,504 | |||||||||
8,908,000 | 2.000 | 11/15/26 | 9,422,472 | |||||||||
7,130,000 | 2.750 | 02/15/28 | 7,849,963 | |||||||||
3,770,000 | 2.875 | 08/15/28 | 4,183,964 | |||||||||
1,590,000 | 2.375 | 05/15/29 | 1,707,325 | |||||||||
5,770,000 | 1.500 | 02/15/30 | 5,775,747 | |||||||||
| ||||||||||||
TOTAL U.S. TREASURY NOTES (Cost $68,418,646) | $ 67,364,323 | |||||||||||
| ||||||||||||
Mortgage-Backed Securities – 27.2% | ||||||||||||
Federal Home Loan Mortgage Corporation | ||||||||||||
$ | 690,170 | 4.500 | % | 07/01/48 | $ 749,993 | |||||||
Federal National Mortgage Association | ||||||||||||
1,000,000 | 1.750 | 07/02/24 | 1,043,474 | |||||||||
800,000 | 1.500 | TBA-15yr(a) | 810,000 | |||||||||
1,900,000 | 2.000 | TBA-15yr(a) | 1,963,234 | |||||||||
1,800,000 | 2.500 | TBA-15yr(a) | 1,879,313 | |||||||||
1,100,000 | 3.000 | TBA-15yr(a) | 1,158,609 | |||||||||
400,000 | 3.500 | TBA-15yr(a) | 427,656 | |||||||||
161,359 | 4.500 | 06/01/48 | 174,031 | |||||||||
82,606 | 5.000 | 12/01/48 | 90,742 | |||||||||
302,902 | 5.000 | 12/01/49 | 333,745 | |||||||||
75,643 | 4.500 | 01/01/50 | 81,928 | |||||||||
352,889 | 5.000 | 04/01/50 | 387,315 | |||||||||
240,096 | 4.500 | 10/01/50 | 260,991 | |||||||||
2,700,000 | 1.500 | TBA-30yr(a) | 2,650,008 | |||||||||
1,600,000 | 2.000 | TBA-30yr(a) | 1,616,375 | |||||||||
9,800,000 | 2.500 | TBA-30yr(a) | 10,146,828 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Mortgage-Backed Securities – (continued) | ||||||||||||
Federal National Mortgage Association (continued) | ||||||||||||
$ | 6,000,000 | 3.000 | % | TBA-30yr(a) | $ 6,266,719 | |||||||
5,000,000 | 3.500 | TBA-30yr(a) | 5,278,125 | |||||||||
3,800,000 | 4.000 | TBA-30yr(a) | 4,061,844 | |||||||||
300,000 | 4.500 | TBA-30yr(a) | 323,813 | |||||||||
2,000,000 | 2.000 | TBA-30yr(a) | 2,017,031 | |||||||||
Government National Mortgage Association | ||||||||||||
81,631 | 5.000 | 05/20/49 | 88,383 | |||||||||
625,270 | 3.000 | 09/20/49 | 654,898 | |||||||||
294,628 | 4.500 | 03/20/50 | 315,782 | |||||||||
142,734 | 5.000 | 05/20/50 | 156,395 | |||||||||
522,608 | 4.000 | 09/20/50 | 558,619 | |||||||||
1,000,000 | 2.000 | TBA-30yr(a) | 1,017,266 | |||||||||
2,200,000 | 2.500 | TBA-30yr(a) | 2,278,375 | |||||||||
3,100,000 | 3.500 | TBA-30yr(a) | 3,258,875 | |||||||||
1,200,000 | 4.000 | TBA-30yr(a) | 1,274,062 | |||||||||
500,000 | 4.500 | TBA-30yr(a) | 536,016 | |||||||||
2,900,000 | 3.000 | TBA-30yr(a) | 3,025,176 | |||||||||
| ||||||||||||
TOTAL MORTGAGE-BACKED SECURITIES (Cost $54,908,176) | $ 54,885,621 | |||||||||||
| ||||||||||||
Corporate Obligations - 23.5% | ||||||||||||
Aerospace & Defense - 0.4% | ||||||||||||
General Dynamics Corp. | ||||||||||||
$ | 15,000 | 3.625 | % | 04/01/30 | $ 16,776 | |||||||
Hexcel Corp. | ||||||||||||
40,000 | 4.200 | 02/15/27 | 42,614 | |||||||||
Huntington Ingalls Industries, Inc. | ||||||||||||
80,000 | 4.200 | 05/01/30 | 90,838 | |||||||||
Lockheed Martin Corp. | ||||||||||||
80,000 | 3.550 | 01/15/26 | 88,916 | |||||||||
50,000 | 4.500 | 05/15/36 | 61,364 | |||||||||
15,000 | 3.800 | 03/01/45 | 16,881 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Aerospace & Defense – (continued) | ||||||||||||
Lockheed Martin Corp. – (continued) | ||||||||||||
$ | 40,000 | 2.800 | % | 06/15/50 | $ 38,341 | |||||||
Northrop Grumman Corp. | ||||||||||||
40,000 | 4.030 | 10/15/47 | 45,741 | |||||||||
Northrop Grumman Systems Corp. | ||||||||||||
100,000 | 7.875 | 03/01/26 | 128,537 | |||||||||
Raytheon Technologies Corp. | ||||||||||||
30,000 | 4.450 | 11/16/38 | 35,472 | |||||||||
60,000 | 4.875 | 10/15/40 | 73,725 | |||||||||
Textron, Inc. | ||||||||||||
80,000 | 3.000 | 06/01/30 | 83,546 | |||||||||
| ||||||||||||
722,751 | ||||||||||||
| ||||||||||||
Banks - 3.8% | ||||||||||||
American Express Co. | ||||||||||||
80,000 | 3.625 | 12/05/24 | 87,747 | |||||||||
Bank of America Corp. | ||||||||||||
40,000 | 4.100 | 07/24/23 | 43,223 | |||||||||
(3M USD LIBOR + 0.780%) | ||||||||||||
100,000 | 3.550 | (b) | 03/05/24 | 105,564 | ||||||||
(SOFR + 2.150%) | ||||||||||||
180,000 | 2.592 | (b) | 04/29/31 | 183,337 | ||||||||
100,000 | 7.750 | 05/14/38 | 155,449 | |||||||||
Bank of America Corp., GMTN | ||||||||||||
40,000 | 3.300 | 01/11/23 | 41,909 | |||||||||
(3M USD LIBOR + 0.930%) | ||||||||||||
100,000 | 2.816 | (b) | 07/21/23 | 102,800 | ||||||||
Bank of America Corp., Series L | ||||||||||||
125,000 | 4.750 | 04/21/45 | 152,781 | |||||||||
Bank of America Corp., MTN | ||||||||||||
40,000 | 4.125 | 01/22/24 | 43,826 | |||||||||
(3M USD LIBOR + 1.060%) | ||||||||||||
80,000 | 3.559 | (b) | 04/23/27 | 88,118 | ||||||||
(3M USD LIBOR + 0.990%) | ||||||||||||
200,000 | 2.496 | (b) | 02/13/31 | 201,715 | ||||||||
(3M USD LIBOR + 3.150%) | ||||||||||||
300,000 | 4.083 | (b) | 03/20/51 | 343,143 | ||||||||
Bank of New York Mellon Corp. (The) | ||||||||||||
40,000 | 3.400 | 05/15/24 | 43,442 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Bank of New York Mellon Corp. (The), MTN | ||||||||||||
$ | 40,000 | 2.950 | % | 01/29/23 | $ 41,753 | |||||||
50,000 | 1.600 | 04/24/25 | 51,519 | |||||||||
(3M USD LIBOR + 1.069%) | ||||||||||||
100,000 | 3.442 | (b) | 02/07/28 | 110,507 | ||||||||
90,000 | 3.300 | 08/23/29 | 98,159 | |||||||||
Capital One Financial Corp. | ||||||||||||
120,000 | 4.200 | 10/29/25 | 134,957 | |||||||||
Citigroup, Inc. | ||||||||||||
50,000 | 3.875 | 10/25/23 | 54,284 | |||||||||
40,000 | 4.125 | 07/25/28 | 44,915 | |||||||||
(SOFR + 1.146%) | ||||||||||||
150,000 | 2.666 | (b) | 01/29/31 | 152,922 | ||||||||
(SOFR + 2.107%) | ||||||||||||
200,000 | 2.572 | (b) | 06/03/31 | 202,364 | ||||||||
40,000 | 6.000 | 10/31/33 | 52,190 | |||||||||
80,000 | 5.875 | 01/30/42 | 112,035 | |||||||||
15,000 | 4.750 | 05/18/46 | 18,376 | |||||||||
60,000 | 4.650 | 07/23/48 | 75,414 | |||||||||
JPMorgan Chase & Co. | ||||||||||||
40,000 | 3.875 | 02/01/24 | 43,626 | |||||||||
(3M USD LIBOR + 0.730%) | ||||||||||||
80,000 | 3.559 | (b) | 04/23/24 | 84,762 | ||||||||
(SOFR + 1.585%) | ||||||||||||
40,000 | 2.005 | (b) | 03/13/26 | 41,429 | ||||||||
80,000 | 4.250 | 10/01/27 | 92,074 | |||||||||
(3M USD LIBOR + 1.380%) | ||||||||||||
50,000 | 3.540 | (b) | 05/01/28 | 55,047 | ||||||||
(SOFR + 1.510%) | ||||||||||||
90,000 | 2.739 | (b) | 10/15/30 | 93,435 | ||||||||
(SOFR + 3.790%) | ||||||||||||
360,000 | 4.493 | (b) | 03/24/31 | 420,451 | ||||||||
(3M USD LIBOR + 1.360%) | ||||||||||||
200,000 | 3.882 | (b) | 07/24/38 | 225,857 | ||||||||
15,000 | 5.400 | 01/06/42 | 20,008 | |||||||||
40,000 | 4.850 | 02/01/44 | 50,689 | |||||||||
(3M USD LIBOR + 1.380%) | ||||||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
JPMorgan Chase & Co. – (continued) | ||||||||||||
$ | 40,000 | 3.964 | %(b) | 11/15/48 | $ 45,023 | |||||||
(SOFR + 2.440%) | ||||||||||||
60,000 | 3.109 | (b) | 04/22/51 | 59,320 | ||||||||
KeyCorp, MTN | ||||||||||||
120,000 | 4.100 | 04/30/28 | 138,049 | |||||||||
80,000 | 2.550 | 10/01/29 | 82,762 | |||||||||
Manufacturers & Traders Trust Co. | ||||||||||||
280,000 | 3.400 | 08/17/27 | 308,714 | |||||||||
Morgan Stanley | ||||||||||||
80,000 | 4.300 | 01/27/45 | 95,057 | |||||||||
75,000 | 4.375 | 01/22/47 | 90,925 | |||||||||
Morgan Stanley, GMTN | ||||||||||||
300,000 | 3.700 | 10/23/24 | 329,894 | |||||||||
120,000 | 4.350 | 09/08/26 | 136,812 | |||||||||
(SOFR + 1.143%) | ||||||||||||
200,000 | 2.699 | (b) | 01/22/31 | 206,419 | ||||||||
Northern Trust Corp. | ||||||||||||
15,000 | 3.950 | 10/30/25 | 17,046 | |||||||||
100,000 | 3.650 | 08/03/28 | 112,111 | |||||||||
150,000 | 3.150 | 05/03/29 | 163,956 | |||||||||
PNC Financial Services Group, Inc. (The) | ||||||||||||
80,000 | 3.900 | 04/29/24 | 87,525 | |||||||||
200,000 | 3.450 | 04/23/29 | 221,121 | |||||||||
State Street Corp. | ||||||||||||
160,000 | 2.400 | 01/24/30 | 164,914 | |||||||||
Truist Bank | ||||||||||||
40,000 | 3.200 | 04/01/24 | 43,074 | |||||||||
Truist Financial Corp., MTN | ||||||||||||
100,000 | 3.050 | 06/20/22 | 102,775 | |||||||||
80,000 | 3.875 | 03/19/29 | 89,818 | |||||||||
US Bancorp | ||||||||||||
15,000 | 2.400 | 07/30/24 | 15,876 | |||||||||
US Bancorp, MTN | ||||||||||||
40,000 | 2.950 | 07/15/22 | 41,160 | |||||||||
80,000 | 3.900 | 04/26/28 | 91,669 | |||||||||
80,000 | 3.000 | 07/30/29 | 85,392 | |||||||||
80,000 | 1.375 | 07/22/30 | 75,672 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
US Bancorp, Series X | ||||||||||||
$ | 150,000 | 3.150 | % | 04/27/27 | $ 163,981 | |||||||
Wells Fargo & Co.(b) | ||||||||||||
(SOFR + 2.530%) | ||||||||||||
150,000 | 3.068 | 04/30/41 | 150,395 | |||||||||
Wells Fargo & Co., MTN | ||||||||||||
(SOFR + 1.262%) | ||||||||||||
400,000 | 2.572 | (b) | 02/11/31 | 409,002 | ||||||||
(SOFR + 4.502%) | ||||||||||||
180,000 | 5.013 | (b) | 04/04/51 | 239,265 | ||||||||
| ||||||||||||
7,637,554 | ||||||||||||
| ||||||||||||
Basic Industry - 0.5% | ||||||||||||
Albemarle Corp. | ||||||||||||
80,000 | 4.150 | 12/01/24 | 88,105 | |||||||||
Dow Chemical Co. (The) | ||||||||||||
60,000 | 3.600 | 11/15/50 | 61,277 | |||||||||
DuPont de Nemours, Inc. | ||||||||||||
54,000 | 4.205 | 11/15/23 | 58,686 | |||||||||
15,000 | 5.419 | 11/15/48 | 19,990 | |||||||||
Ecolab, Inc. | ||||||||||||
40,000 | 2.375 | 08/10/22 | 40,963 | |||||||||
15,000 | 3.950 | 12/01/47 | 17,318 | |||||||||
Georgia-Pacific LLC | ||||||||||||
10,000 | 8.000 | 01/15/24 | 11,920 | |||||||||
Huntsman International LLC | ||||||||||||
30,000 | 4.500 | 05/01/29 | 33,938 | |||||||||
International Paper Co. | ||||||||||||
15,000 | 4.400 | 08/15/47 | 17,905 | |||||||||
15,000 | 4.350 | 08/15/48 | 17,897 | |||||||||
Linde, Inc. | ||||||||||||
100,000 | 1.100 | 08/10/30 | 92,771 | |||||||||
LYB International Finance III LLC | ||||||||||||
80,000 | 3.625 | 04/01/51 | 80,311 | |||||||||
Mosaic Co. (The) | ||||||||||||
80,000 | 4.875 | 11/15/41 | 91,129 | |||||||||
PPG Industries, Inc. | ||||||||||||
15,000 | 3.750 | 03/15/28 | 16,910 | |||||||||
Sherwin-Williams Co. (The) | ||||||||||||
260,000 | 2.750 | 06/01/22 | 265,625 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Basic Industry – (continued) | ||||||||||||
Westlake Chemical Corp. | ||||||||||||
$ | 40,000 | 3.600 | % | 08/15/26 | $ 43,757 | |||||||
| ||||||||||||
958,502 | ||||||||||||
| ||||||||||||
Broadcasting - 0.1% | ||||||||||||
Discovery Communications LLC | ||||||||||||
80,000 | 4.125 | 05/15/29 | 88,075 | |||||||||
40,000 | 3.625 | 05/15/30 | 42,880 | |||||||||
Fox Corp. | ||||||||||||
40,000 | 4.030 | 01/25/24 | 43,510 | |||||||||
40,000 | 4.709 | 01/25/29 | 46,443 | |||||||||
40,000 | 5.576 | 01/25/49 | 51,297 | |||||||||
| ||||||||||||
272,205 | ||||||||||||
| ||||||||||||
Brokerage - 0.2% | ||||||||||||
Affiliated Managers Group, Inc. | ||||||||||||
130,000 | 3.300 | 06/15/30 | 138,522 | |||||||||
BlackRock, Inc. | ||||||||||||
15,000 | 3.500 | 03/18/24 | 16,329 | |||||||||
15,000 | 3.250 | 04/30/29 | 16,657 | |||||||||
15,000 | 2.400 | 04/30/30 | 15,565 | |||||||||
15,000 | 1.900 | 01/28/31 | 14,811 | |||||||||
CME Group, Inc. | ||||||||||||
15,000 | 3.000 | 09/15/22 | 15,529 | |||||||||
15,000 | 5.300 | 09/15/43 | 21,018 | |||||||||
E*TRADE Financial Corp. | ||||||||||||
80,000 | 4.500 | 06/20/28 | 91,940 | |||||||||
Jefferies Group LLC | ||||||||||||
20,000 | 6.500 | 01/20/43 | 27,204 | |||||||||
Jefferies Group LLC / Jefferies Group Capital Finance, Inc. | ||||||||||||
40,000 | 4.150 | 01/23/30 | 44,213 | |||||||||
Nasdaq, Inc. | ||||||||||||
60,000 | 3.250 | 04/28/50 | 58,058 | |||||||||
Raymond James Financial, Inc. | ||||||||||||
15,000 | 4.950 | 07/15/46 | 19,039 | |||||||||
| ||||||||||||
478,885 | ||||||||||||
| ||||||||||||
Building Materials - 0.1% | ||||||||||||
Mohawk Industries, Inc. | ||||||||||||
120,000 | 3.850 | 02/01/23 | 125,778 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Capital Goods - 1.0% | ||||||||||||
Caterpillar Financial Services Corp., MTN | ||||||||||||
$ | 60,000 | 2.850 | % | 06/01/22 | $ 61,572 | |||||||
Caterpillar, Inc. | ||||||||||||
50,000 | 3.803 | 08/15/42 | 57,957 | |||||||||
Cummins, Inc. | ||||||||||||
60,000 | 0.750 | 09/01/25 | 59,726 | |||||||||
Deere & Co. | ||||||||||||
40,000 | 2.875 | 09/07/49 | 39,815 | |||||||||
Eaton Corp. | ||||||||||||
70,000 | 2.750 | 11/02/22 | 72,433 | |||||||||
Emerson Electric Co. | ||||||||||||
60,000 | 1.950 | 10/15/30 | 59,693 | |||||||||
15,000 | 6.000 | 08/15/32 | 19,784 | |||||||||
Fortive Corp. | ||||||||||||
15,000 | 4.300 | 06/15/46 | 17,351 | |||||||||
General Electric Co. | ||||||||||||
100,000 | 2.700 | 10/09/22 | 103,292 | |||||||||
60,000 | 4.500 | 03/11/44 | 70,336 | |||||||||
General Electric Co., MTN | ||||||||||||
160,000 | 5.550 | 01/05/26 | 190,010 | |||||||||
Honeywell International, Inc. | ||||||||||||
100,000 | 2.700 | 08/15/29 | 105,942 | |||||||||
300,000 | 1.950 | 06/01/30 | 300,663 | |||||||||
Illinois Tool Works, Inc. | ||||||||||||
15,000 | 3.900 | 09/01/42 | 17,419 | |||||||||
John Deere Capital Corp., MTN | ||||||||||||
80,000 | 2.450 | 01/09/30 | 83,112 | |||||||||
Leggett & Platt, Inc. | ||||||||||||
80,000 | 4.400 | 03/15/29 | 90,449 | |||||||||
Lennox International, Inc. | ||||||||||||
80,000 | 1.700 | 08/01/27 | 79,822 | |||||||||
Otis Worldwide Corp. | ||||||||||||
60,000 | 2.293 | 04/05/27 | 62,326 | |||||||||
Parker-Hannifin Corp., MTN | ||||||||||||
15,000 | 4.200 | 11/21/34 | 17,401 | |||||||||
Republic Services, Inc. | ||||||||||||
22,000 | 4.750 | 05/15/23 | 23,612 | |||||||||
Rockwell Automation, Inc. | ||||||||||||
15,000 | 4.200 | 03/01/49 | 18,018 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Capital Goods – (continued) | ||||||||||||
Waste Connections, Inc. | ||||||||||||
$ | 40,000 | 3.050 | % | 04/01/50 | $ 39,158 | |||||||
Westinghouse Air Brake Technologies Corp. | ||||||||||||
70,000 | 4.400 | 03/15/24 | 76,182 | |||||||||
100,000 | 3.200 | 06/15/25 | 106,809 | |||||||||
120,000 | 3.450 | 11/15/26 | 129,331 | |||||||||
75,000 | 4.950 | 09/15/28 | 86,503 | |||||||||
WW Grainger, Inc. | ||||||||||||
100,000 | 1.850 | 02/15/25 | 104,177 | |||||||||
Xylem, Inc. | ||||||||||||
15,000 | 3.250 | 11/01/26 | 16,432 | |||||||||
| ||||||||||||
2,109,325 | ||||||||||||
| ||||||||||||
Communications - 1.2% | ||||||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital | ||||||||||||
55,000 | 4.464 | 07/23/22 | 57,135 | |||||||||
390,000 | 4.200 | 03/15/28 | 435,469 | |||||||||
40,000 | 6.484 | 10/23/45 | 52,877 | |||||||||
40,000 | 5.375 | 05/01/47 | 46,981 | |||||||||
40,000 | 5.125 | 07/01/49 | 46,092 | |||||||||
40,000 | 6.834 | 10/23/55 | 56,765 | |||||||||
Comcast Corp. | ||||||||||||
75,000 | 3.300 | 04/01/27 | 82,864 | |||||||||
50,000 | 3.150 | 02/15/28 | 54,412 | |||||||||
300,000 | 2.650 | 02/01/30 | 310,851 | |||||||||
80,000 | 4.400 | 08/15/35 | 94,938 | |||||||||
60,000 | 4.000 | 08/15/47 | 68,183 | |||||||||
25,000 | 3.969 | 11/01/47 | 28,077 | |||||||||
75,000 | 4.000 | 03/01/48 | 84,949 | |||||||||
40,000 | 3.999 | 11/01/49 | 45,512 | |||||||||
80,000 | 2.800 | 01/15/51 | 73,654 | |||||||||
15,000 | 2.450 | 08/15/52 | 12,915 | |||||||||
Omnicom Group, Inc. | ||||||||||||
80,000 | 4.200 | 06/01/30 | 91,020 | |||||||||
Time Warner Cable LLC | ||||||||||||
15,000 | 6.750 | 06/15/39 | 20,562 | |||||||||
15,000 | 5.875 | 11/15/40 | 18,859 | |||||||||
15,000 | 5.500 | 09/01/41 | 18,129 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Communications – (continued) | ||||||||||||
Time Warner Entertainment Co. LP | ||||||||||||
$ | 40,000 | 8.375 | % | 03/15/23 | $ 45,446 | |||||||
15,000 | 8.375 | 07/15/33 | 22,364 | |||||||||
TWDC Enterprises 18 Corp. | ||||||||||||
15,000 | 4.375 | 08/16/41 | 17,823 | |||||||||
TWDC Enterprises 18 Corp., GMTN | ||||||||||||
15,000 | 4.125 | 06/01/44 | 17,404 | |||||||||
ViacomCBS, Inc. | ||||||||||||
80,000 | 3.875 | 04/01/24 | 86,490 | |||||||||
80,000 | 4.000 | 01/15/26 | 88,879 | |||||||||
11,000 | 6.875 | 04/30/36 | 15,311 | |||||||||
15,000 | 4.900 | 08/15/44 | 17,229 | |||||||||
Walt Disney Co. (The) | ||||||||||||
60,000 | 3.000 | 09/15/22 | 62,155 | |||||||||
80,000 | 2.000 | 09/01/29 | 79,477 | |||||||||
80,000 | 3.800 | 03/22/30 | 89,907 | |||||||||
90,000 | 3.500 | 05/13/40 | 96,169 | |||||||||
15,000 | 4.750 | 09/15/44 | 18,817 | |||||||||
50,000 | 3.600 | 01/13/51 | 53,816 | |||||||||
| ||||||||||||
2,411,531 | ||||||||||||
| ||||||||||||
Consumer Cyclical - 2.5% | ||||||||||||
Amazon.com, Inc. | ||||||||||||
200,000 | 3.150 | 08/22/27 | 220,839 | |||||||||
80,000 | 4.050 | 08/22/47 | 93,097 | |||||||||
15,000 | 2.500 | 06/03/50 | 13,433 | |||||||||
American Honda Finance Corp., MTN | ||||||||||||
100,000 | 2.200 | 06/27/22 | 102,150 | |||||||||
Aptiv PLC | ||||||||||||
40,000 | 4.250 | 01/15/26 | 45,263 | |||||||||
BorgWarner, Inc. | ||||||||||||
100,000 | 3.375 | 03/15/25 | 108,560 | |||||||||
Costco Wholesale Corp. | ||||||||||||
40,000 | 3.000 | 05/18/27 | 43,845 | |||||||||
CyrusOne LP / CyrusOne Finance Corp. | ||||||||||||
30,000 | 3.450 | 11/15/29 | 31,552 | |||||||||
15,000 | 2.150 | 11/01/30 | 14,153 | |||||||||
Dollar General Corp. | ||||||||||||
180,000 | 3.500 | 04/03/30 | 195,744 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
DR Horton, Inc. | ||||||||||||
$ | 80,000 | 2.500 | % | 10/15/24 | $ 84,339 | |||||||
90,000 | 2.600 | 10/15/25 | 95,276 | |||||||||
100,000 | 1.400 | 10/15/27 | 98,208 | |||||||||
eBay, Inc. | ||||||||||||
15,000 | 4.000 | 07/15/42 | 16,014 | |||||||||
General Motors Co. | ||||||||||||
100,000 | 5.400 | 10/02/23 | 110,757 | |||||||||
15,000 | 6.750 | 04/01/46 | 20,997 | |||||||||
40,000 | 5.950 | 04/01/49 | 52,548 | |||||||||
General Motors Financial Co., Inc. | ||||||||||||
120,000 | 3.150 | 06/30/22 | 123,187 | |||||||||
40,000 | 5.200 | 03/20/23 | 43,290 | |||||||||
40,000 | 3.700 | 05/09/23 | 42,032 | |||||||||
100,000 | 4.250 | 05/15/23 | 107,311 | |||||||||
80,000 | 2.900 | 02/26/25 | 84,560 | |||||||||
80,000 | 3.850 | 01/05/28 | 87,251 | |||||||||
Global Payments, Inc. | ||||||||||||
120,000 | 4.800 | 04/01/26 | 137,874 | |||||||||
Home Depot, Inc. (The) | ||||||||||||
40,000 | 2.625 | 06/01/22 | 40,904 | |||||||||
90,000 | 3.350 | 09/15/25 | 99,128 | |||||||||
80,000 | 2.950 | 06/15/29 | 86,388 | |||||||||
80,000 | 4.200 | 04/01/43 | 94,959 | |||||||||
Lowe’s Cos., Inc. | ||||||||||||
80,000 | 3.120 | 04/15/22 | 81,460 | |||||||||
40,000 | 3.650 | 04/05/29 | 44,219 | |||||||||
30,000 | 3.000 | 10/15/50 | 28,249 | |||||||||
Marriott International, Inc., Series EE | ||||||||||||
50,000 | 5.750 | 05/01/25 | 58,102 | |||||||||
Mastercard, Inc. | ||||||||||||
60,000 | 2.000 | 03/03/25 | 62,963 | |||||||||
15,000 | 3.300 | 03/26/27 | 16,646 | |||||||||
McDonald’s Corp., MTN | ||||||||||||
45,000 | 4.700 | 12/09/35 | 54,779 | |||||||||
60,000 | 4.450 | 09/01/48 | 70,511 | |||||||||
NIKE, Inc. | ||||||||||||
100,000 | 2.250 | 05/01/23 | 103,405 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Cyclical – (continued) | ||||||||||||
NIKE, Inc. – (continued) | ||||||||||||
$ | 20,000 | 3.375 | % | 03/27/50 | $ 21,615 | |||||||
NVR, Inc. | ||||||||||||
80,000 | 3.000 | 05/15/30 | 83,507 | |||||||||
O’Reilly Automotive, Inc. | ||||||||||||
80,000 | 4.200 | 04/01/30 | 91,137 | |||||||||
Starbucks Corp. | ||||||||||||
250,000 | 3.800 | 08/15/25 | 277,972 | |||||||||
Target Corp. | ||||||||||||
120,000 | 3.500 | 07/01/24 | 130,767 | |||||||||
240,000 | 4.000 | 07/01/42 | 291,016 | |||||||||
15,000 | 3.900 | 11/15/47 | 17,941 | |||||||||
TJX Cos., Inc. (The) | ||||||||||||
80,000 | 3.750 | 04/15/27 | 89,801 | |||||||||
Toyota Motor Credit Corp. | ||||||||||||
40,000 | 3.650 | 01/08/29 | 45,343 | |||||||||
Toyota Motor Credit Corp., MTN | ||||||||||||
100,000 | 2.650 | 04/12/22 | 102,139 | |||||||||
80,000 | 1.150 | 05/26/22 | 80,819 | |||||||||
76,000 | 0.350 | 10/14/22 | 76,116 | |||||||||
80,000 | 3.375 | 04/01/30 | 88,713 | |||||||||
Visa, Inc. | ||||||||||||
50,000 | 0.750 | 08/15/27 | 48,614 | |||||||||
15,000 | 2.750 | 09/15/27 | 16,246 | |||||||||
40,000 | 4.300 | 12/14/45 | 49,374 | |||||||||
Walmart, Inc. | ||||||||||||
15,000 | 2.550 | 04/11/23 | 15,603 | |||||||||
100,000 | 3.300 | 04/22/24 | 107,787 | |||||||||
180,000 | 3.550 | 06/26/25 | 199,732 | |||||||||
150,000 | 3.050 | 07/08/26 | 164,489 | |||||||||
50,000 | 7.550 | 02/15/30 | 72,612 | |||||||||
40,000 | 4.750 | 10/02/43 | 50,671 | |||||||||
Western Union Co. (The) | ||||||||||||
40,000 | 6.200 | 11/17/36 | 49,611 | |||||||||
| ||||||||||||
4,985,618 | ||||||||||||
| ||||||||||||
Consumer Noncyclical - 1.9% | ||||||||||||
Abbott Laboratories | ||||||||||||
60,000 | 3.875 | 09/15/25 | 67,333 | |||||||||
150,000 | 4.750 | 11/30/36 | 188,235 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Abbott Laboratories – (continued) | ||||||||||||
$ | 75,000 | 6.000 | % | 04/01/39 | $ 109,028 | |||||||
Agilent Technologies, Inc. | ||||||||||||
100,000 | 2.750 | 09/15/29 | 103,793 | |||||||||
Altria Group, Inc. | ||||||||||||
115,000 | 3.400 | 05/06/30 | 120,168 | |||||||||
40,000 | 5.375 | 01/31/44 | 46,444 | |||||||||
15,000 | 4.450 | 05/06/50 | 15,356 | |||||||||
Amgen, Inc. | ||||||||||||
250,000 | 2.600 | 08/19/26 | 265,986 | |||||||||
160,000 | 2.450 | 02/21/30 | 163,099 | |||||||||
15,000 | 2.770 | 09/01/53 | 13,591 | |||||||||
Becton Dickinson and Co. | ||||||||||||
80,000 | 3.794 | 05/20/50 | 86,122 | |||||||||
Bristol-Myers Squibb Co. | ||||||||||||
350,000 | 0.750 | 11/13/25 | 346,180 | |||||||||
200,000 | 2.350 | 11/13/40 | 185,547 | |||||||||
150,000 | 5.000 | 08/15/45 | 196,808 | |||||||||
Centene Corp. | ||||||||||||
15,000 | 4.625 | 12/15/29 | 16,313 | |||||||||
15,000 | 3.375 | 02/15/30 | 15,225 | |||||||||
75,000 | 3.000 | 10/15/30 | 75,375 | |||||||||
Eli Lilly & Co. | ||||||||||||
15,000 | 3.100 | 05/15/27 | 16,458 | |||||||||
250,000 | 3.375 | 03/15/29 | 277,026 | |||||||||
15,000 | 4.150 | 03/15/59 | 18,220 | |||||||||
Equifax, Inc. | ||||||||||||
40,000 | 3.250 | 06/01/26 | 42,977 | |||||||||
Gilead Sciences, Inc. | ||||||||||||
60,000 | 4.500 | 02/01/45 | 70,682 | |||||||||
Johnson & Johnson | ||||||||||||
76,000 | 0.550 | 09/01/25 | 75,635 | |||||||||
15,000 | 0.950 | 09/01/27 | 14,793 | |||||||||
90,000 | 2.900 | 01/15/28 | 98,205 | |||||||||
25,000 | 3.625 | 03/03/37 | 28,651 | |||||||||
35,000 | 3.700 | 03/01/46 | 40,312 | |||||||||
Kroger Co. (The) | ||||||||||||
15,000 | 4.450 | 02/01/47 | 17,093 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
Laboratory Corp. of America Holdings | ||||||||||||
$ | 15,000 | 4.700 | % | 02/01/45 | $ 17,577 | |||||||
Merck & Co., Inc. | ||||||||||||
60,000 | 3.600 | 09/15/42 | 66,747 | |||||||||
20,000 | 3.700 | 02/10/45 | 22,419 | |||||||||
Mylan, Inc. | ||||||||||||
40,000 | 5.400 | 11/29/43 | 48,309 | |||||||||
Pfizer, Inc. | ||||||||||||
40,000 | 0.800 | 05/28/25 | 40,245 | |||||||||
300,000 | 4.000 | 12/15/36 | 356,366 | |||||||||
10,000 | 4.100 | 09/15/38 | 11,841 | |||||||||
40,000 | 2.700 | 05/28/50 | 38,249 | |||||||||
Philip Morris International, Inc. | ||||||||||||
40,000 | 3.250 | 11/10/24 | 43,428 | |||||||||
15,000 | 4.375 | 11/15/41 | 17,287 | |||||||||
15,000 | 4.875 | 11/15/43 | 18,317 | |||||||||
10,000 | 4.250 | 11/10/44 | 11,329 | |||||||||
Thermo Fisher Scientific, Inc. | ||||||||||||
180,000 | 2.950 | 09/19/26 | 194,952 | |||||||||
Utah Acquisition Sub, Inc. | ||||||||||||
75,000 | 5.250 | 06/15/46 | 88,521 | |||||||||
Viatris, Inc.(c) | ||||||||||||
15,000 | 4.000 | 06/22/50 | 15,279 | |||||||||
Walgreens Boots Alliance, Inc. | ||||||||||||
40,000 | 4.800 | 11/18/44 | 46,255 | |||||||||
15,000 | 4.650 | 06/01/46 | 17,298 | |||||||||
Wyeth LLC | ||||||||||||
10,000 | 6.500 | 02/01/34 | 14,370 | |||||||||
| ||||||||||||
3,783,444 | ||||||||||||
| ||||||||||||
Consumer Products - 0.1% | ||||||||||||
Colgate-Palmolive Co., MTN | ||||||||||||
40,000 | 4.000 | 08/15/45 | 48,648 | |||||||||
15,000 | 3.700 | 08/01/47 | 17,460 | |||||||||
Procter & Gamble Co. (The) | ||||||||||||
40,000 | 2.150 | 08/11/22 | 40,939 | |||||||||
15,000 | 2.850 | 08/11/27 | 16,445 | |||||||||
Whirlpool Corp., MTN | ||||||||||||
15,000 | 5.150 | 03/01/43 | 18,194 | |||||||||
| ||||||||||||
141,686 | ||||||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Distributors - 0.0% | ||||||||||||
PACCAR Financial Corp., MTN | ||||||||||||
$ | 76,000 | 2.650 | % | 04/06/23 | $ 79,343 | |||||||
Electric - 2.3% | ||||||||||||
Alabama Power Co., Series 20-A | ||||||||||||
15,000 | 1.450 | 09/15/30 | 14,075 | |||||||||
American Electric Power Co., Inc. | ||||||||||||
300,000 | 2.300 | 03/01/30 | 297,463 | |||||||||
40,000 | 3.250 | 03/01/50 | 38,084 | |||||||||
American Electric Power Co., Inc., Series J | ||||||||||||
36,000 | 4.300 | 12/01/28 | 41,165 | |||||||||
Atmos Energy Corp. | ||||||||||||
40,000 | 4.150 | 01/15/43 | 45,123 | |||||||||
40,000 | 3.375 | 09/15/49 | 41,053 | |||||||||
Berkshire Hathaway Energy Co. | ||||||||||||
15,000 | 5.150 | 11/15/43 | 19,192 | |||||||||
40,000 | 4.500 | 02/01/45 | 47,375 | |||||||||
40,000 | 4.250 | 10/15/50 | 47,312 | |||||||||
Black Hills Corp. | ||||||||||||
15,000 | 4.350 | 05/01/33 | 17,159 | |||||||||
Cleco Corporate Holdings LLC | ||||||||||||
80,000 | 3.375 | 09/15/29 | 81,844 | |||||||||
Cleco Power LLC | ||||||||||||
15,000 | 6.000 | 12/01/40 | 19,460 | |||||||||
Consolidated Edison Co. of New York, Inc. | ||||||||||||
40,000 | 4.625 | 12/01/54 | 48,066 | |||||||||
Consolidated Edison Co. of New York, Inc., Series 08-B | ||||||||||||
10,000 | 6.750 | 04/01/38 | 14,416 | |||||||||
Consolidated Edison Co. of New York, Inc., Series 12-A | ||||||||||||
40,000 | 4.200 | 03/15/42 | 45,449 | |||||||||
Consolidated Edison Co. of New York, Inc., Series A | ||||||||||||
15,000 | 4.125 | 05/15/49 | 16,722 | |||||||||
Consumers Energy Co. | ||||||||||||
15,000 | 4.350 | 04/15/49 | 18,422 | |||||||||
Dominion Energy South Carolina, Inc. | ||||||||||||
80,000 | 5.100 | 06/01/65 | 111,489 | |||||||||
Dominion Energy, Inc. | ||||||||||||
80,000 | 4.250 | 06/01/28 | 91,213 | |||||||||
DTE Electric Co. | ||||||||||||
15,000 | 3.700 | 03/15/45 | 16,467 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Electric – (continued) | ||||||||||||
DTE Electric Co., Series A | ||||||||||||
$ | 40,000 | 4.000 | % | 04/01/43 | $ 45,500 | |||||||
DTE Energy Co., Series C | ||||||||||||
60,000 | 2.529 | 10/01/24 | 63,102 | |||||||||
Duke Energy Carolinas LLC | ||||||||||||
40,000 | 3.950 | 03/15/48 | 45,371 | |||||||||
Duke Energy Corp. | ||||||||||||
80,000 | 2.400 | 08/15/22 | 81,791 | |||||||||
300,000 | 3.750 | 09/01/46 | 312,140 | |||||||||
Duke Energy Indiana LLC | ||||||||||||
90,000 | 6.350 | 08/15/38 | 129,327 | |||||||||
40,000 | 6.450 | 04/01/39 | 57,951 | |||||||||
Duke Energy Progress LLC | ||||||||||||
15,000 | 4.100 | 05/15/42 | 17,233 | |||||||||
Eastern Energy Gas Holdings LLC | ||||||||||||
15,000 | 4.600 | 12/15/44 | 17,334 | |||||||||
Entergy Louisiana LLC | ||||||||||||
300,000 | 3.100 | 06/15/41 | 306,462 | |||||||||
15,000 | 4.200 | 04/01/50 | 17,760 | |||||||||
Evergy Kansas Central, Inc. | ||||||||||||
40,000 | 4.250 | 12/01/45 | 46,233 | |||||||||
Evergy Metro, Inc., Series 2019 | ||||||||||||
15,000 | 4.125 | 04/01/49 | 17,283 | |||||||||
Eversource Energy | ||||||||||||
60,000 | 3.450 | 01/15/50 | 61,489 | |||||||||
Exelon Generation Co. LLC | ||||||||||||
300,000 | 6.250 | 10/01/39 | 356,424 | |||||||||
Florida Power & Light Co. | ||||||||||||
15,000 | 3.125 | 12/01/25 | 16,390 | |||||||||
80,000 | 4.950 | 06/01/35 | 102,509 | |||||||||
15,000 | 4.125 | 02/01/42 | 17,825 | |||||||||
Georgia Power Co., Series B | ||||||||||||
400,000 | 2.650 | 09/15/29 | 415,174 | |||||||||
15,000 | 3.700 | 01/30/50 | 15,947 | |||||||||
Interstate Power and Light Co. | ||||||||||||
40,000 | 3.500 | 09/30/49 | 41,747 | |||||||||
Kentucky Utilities Co. | ||||||||||||
40,000 | 3.300 | 06/01/50 | 40,859 | |||||||||
MidAmerican Energy Co. | ||||||||||||
15,000 | 3.150 | 04/15/50 | 15,412 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Electric – (continued) | ||||||||||||
NextEra Energy Capital Holdings, Inc. | ||||||||||||
$ | 260,000 | 2.900 | % | 04/01/22 | $ 265,691 | |||||||
NSTAR Electric Co. | ||||||||||||
15,000 | 3.200 | 05/15/27 | 16,468 | |||||||||
Ohio Power Co., Series D | ||||||||||||
15,000 | 6.600 | 03/01/33 | 20,388 | |||||||||
Oklahoma Gas and Electric Co. | ||||||||||||
40,000 | 3.900 | 05/01/43 | 42,542 | |||||||||
Oncor Electric Delivery Co. LLC | ||||||||||||
76,000 | 3.800 | 06/01/49 | 85,817 | |||||||||
15,000 | 5.350 | (c) | 10/01/52 | 20,790 | ||||||||
ONE Gas, Inc. | ||||||||||||
40,000 | 4.658 | 02/01/44 | 47,196 | |||||||||
Pacific Gas and Electric Co. | ||||||||||||
50,000 | 4.550 | 07/01/30 | 52,747 | |||||||||
15,000 | 4.500 | 12/15/41 | 14,307 | |||||||||
120,000 | 3.950 | 12/01/47 | 107,748 | |||||||||
60,000 | 4.950 | 07/01/50 | 61,025 | |||||||||
PacifiCorp | ||||||||||||
35,000 | 6.250 | 10/15/37 | 48,851 | |||||||||
40,000 | 4.150 | 02/15/50 | 46,553 | |||||||||
PPL Capital Funding, Inc. | ||||||||||||
25,000 | 5.000 | 03/15/44 | 31,097 | |||||||||
PPL Electric Utilities Corp. | ||||||||||||
40,000 | 4.125 | 06/15/44 | 46,365 | |||||||||
Public Service Co. of Colorado, Series 36 | ||||||||||||
60,000 | 2.700 | 01/15/51 | 56,079 | |||||||||
Puget Sound Energy, Inc. | ||||||||||||
55,000 | 4.223 | 06/15/48 | 65,111 | |||||||||
Sempra Energy | ||||||||||||
15,000 | 6.000 | 10/15/39 | 20,355 | |||||||||
Southern Co. Gas Capital Corp. | ||||||||||||
15,000 | 3.950 | 10/01/46 | 16,138 | |||||||||
Union Electric Co. | ||||||||||||
42,000 | 3.500 | 03/15/29 | 46,115 | |||||||||
40,000 | 2.950 | 03/15/30 | 42,130 | |||||||||
Virginia Electric and Power Co., Series B | ||||||||||||
15,000 | 3.800 | 09/15/47 | 16,604 | |||||||||
Virginia Electric and Power Co., Series C | ||||||||||||
80,000 | 4.000 | 11/15/46 | 91,258 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Electric – (continued) | ||||||||||||
Wisconsin Electric Power Co. | ||||||||||||
$ | 40,000 | 4.300 | % | 12/15/45 | $ 46,610 | |||||||
Wisconsin Public Service Corp. | ||||||||||||
10,000 | 3.300 | 09/01/49 | 10,302 | |||||||||
Xcel Energy, Inc. | ||||||||||||
40,000 | 3.500 | 12/01/49 | 41,517 | |||||||||
| ||||||||||||
4,672,616 | ||||||||||||
| ||||||||||||
Energy - 1.2% | ||||||||||||
BP Capital Markets America, Inc. | ||||||||||||
170,000 | 4.234 | 11/06/28 | 195,031 | |||||||||
40,000 | 2.772 | 11/10/50 | 35,987 | |||||||||
Cheniere Corpus Christi Holdings LLC | ||||||||||||
80,000 | 5.875 | 03/31/25 | 92,088 | |||||||||
40,000 | 5.125 | 06/30/27 | 46,550 | |||||||||
Chevron Corp. | ||||||||||||
15,000 | 1.141 | 05/11/23 | 15,269 | |||||||||
80,000 | 2.236 | 05/11/30 | 81,423 | |||||||||
Energy Transfer LP | ||||||||||||
40,000 | 3.750 | 05/15/30 | 42,479 | |||||||||
15,000 | 5.300 | 04/15/47 | 16,730 | |||||||||
55,000 | 6.250 | 04/15/49 | 68,831 | |||||||||
Energy Transfer LP / Regency Energy Finance Corp. | ||||||||||||
100,000 | 5.875 | 03/01/22 | 102,687 | |||||||||
120,000 | 4.500 | 11/01/23 | 128,925 | |||||||||
Enterprise Products Operating LLC | ||||||||||||
160,000 | 4.850 | 08/15/42 | 192,445 | |||||||||
60,000 | 4.200 | 01/31/50 | 65,880 | |||||||||
15,000 | 3.950 | 01/31/60 | 15,464 | |||||||||
Enterprise Products Operating LLC, Series D | ||||||||||||
80,000 | 6.875 | 03/01/33 | 111,577 | |||||||||
EOG Resources, Inc. | ||||||||||||
60,000 | 3.900 | 04/01/35 | 66,996 | |||||||||
Halliburton Co. | ||||||||||||
50,000 | 5.000 | 11/15/45 | 58,500 | |||||||||
Hess Corp. | ||||||||||||
30,000 | 4.300 | 04/01/27 | 33,396 | |||||||||
15,000 | 6.000 | 01/15/40 | 18,788 | |||||||||
Magellan Midstream Partners LP | ||||||||||||
15,000 | 4.200 | 10/03/47 | 16,081 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
MPLX LP | ||||||||||||
$ | 100,000 | 2.650 | % | 08/15/30 | $ 99,875 | |||||||
40,000 | 4.700 | 04/15/48 | 44,625 | |||||||||
NOV, Inc. | ||||||||||||
15,000 | 3.950 | 12/01/42 | 14,550 | |||||||||
ONEOK Partners LP | ||||||||||||
15,000 | 6.650 | 10/01/36 | 19,628 | |||||||||
ONEOK, Inc. | ||||||||||||
80,000 | 2.200 | 09/15/25 | 82,514 | |||||||||
40,000 | 5.200 | 07/15/48 | 46,635 | |||||||||
Plains All American Pipeline LP / PAA Finance Corp. | ||||||||||||
90,000 | 3.600 | 11/01/24 | 96,852 | |||||||||
35,000 | 6.700 | 05/15/36 | 41,796 | |||||||||
15,000 | 4.700 | 06/15/44 | 15,342 | |||||||||
Sabine Pass Liquefaction LLC | ||||||||||||
120,000 | 5.750 | 05/15/24 | 135,750 | |||||||||
110,000 | 5.625 | 03/01/25 | 126,338 | |||||||||
40,000 | 4.200 | 03/15/28 | 44,850 | |||||||||
15,000 | 4.500 | 05/15/30 | 17,081 | |||||||||
Transcontinental Gas Pipe Line Co. LLC | ||||||||||||
50,000 | 5.400 | 08/15/41 | 61,926 | |||||||||
40,000 | 3.950 | 05/15/50 | 42,460 | |||||||||
Valero Energy Corp. | ||||||||||||
15,000 | 4.900 | 03/15/45 | 17,827 | |||||||||
Williams Cos., Inc. (The) | ||||||||||||
15,000 | 6.300 | 04/15/40 | 19,804 | |||||||||
WPX Energy, Inc. | ||||||||||||
9,000 | 4.500 | 01/15/30 | 9,720 | |||||||||
| ||||||||||||
2,342,700 | ||||||||||||
| ||||||||||||
Financial Company - 0.4% | ||||||||||||
Aircastle Ltd. | ||||||||||||
80,000 | 5.000 | 04/01/23 | 85,642 | |||||||||
15,000 | 4.250 | 06/15/26 | 16,207 | |||||||||
Ally Financial, Inc. | ||||||||||||
165,000 | 5.125 | 09/30/24 | 186,740 | |||||||||
100,000 | 8.000 | 11/01/31 | 138,081 | |||||||||
Ares Capital Corp. | ||||||||||||
80,000 | 3.250 | 07/15/25 | 84,312 | |||||||||
40,000 | 3.875 | 01/15/26 | 42,855 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Financial Company – (continued) | ||||||||||||
GE Capital International Funding Co. Unlimited Co. | ||||||||||||
$ | 200,000 | 4.418 | % | 11/15/35 | $ 233,355 | |||||||
| ||||||||||||
787,192 | ||||||||||||
| ||||||||||||
Food and Beverage - 1.3% | ||||||||||||
Campbell Soup Co. | ||||||||||||
40,000 | 4.800 | 03/15/48 | 48,114 | |||||||||
Coca-Cola Co. (The) | ||||||||||||
155,000 | 1.750 | 09/06/24 | 161,925 | |||||||||
Conagra Brands, Inc. | ||||||||||||
80,000 | 4.600 | 11/01/25 | 91,557 | |||||||||
Constellation Brands, Inc. | ||||||||||||
40,000 | 3.150 | 08/01/29 | 42,458 | |||||||||
General Mills, Inc. | ||||||||||||
80,000 | 2.875 | 04/15/30 | 83,702 | |||||||||
255,000 | 4.550 | 04/17/38 | 302,925 | |||||||||
15,000 | 4.150 | 02/15/43 | 17,132 | |||||||||
Hershey Co. (The) | ||||||||||||
80,000 | 3.375 | 08/15/46 | 85,079 | |||||||||
International Flavors & Fragrances, Inc. | ||||||||||||
15,000 | 4.375 | 06/01/47 | 17,034 | |||||||||
J M Smucker Co. (The) | ||||||||||||
15,000 | 4.375 | 03/15/45 | 17,383 | |||||||||
Kellogg Co. | ||||||||||||
60,000 | 2.650 | 12/01/23 | 63,301 | |||||||||
Keurig Dr Pepper, Inc. | ||||||||||||
160,000 | 4.417 | 05/25/25 | 180,409 | |||||||||
Kraft Heinz Foods Co. | ||||||||||||
330,000 | 3.950 | 07/15/25 | 363,628 | |||||||||
139,000 | 3.000 | 06/01/26 | 147,112 | |||||||||
95,000 | 4.625 | 01/30/29 | 107,577 | |||||||||
30,000 | 5.000 | 07/15/35 | 35,510 | |||||||||
McCormick & Co., Inc. | ||||||||||||
160,000 | 2.700 | 08/15/22 | 164,247 | |||||||||
Molson Coors Beverage Co. | ||||||||||||
160,000 | 4.200 | 07/15/46 | 170,218 | |||||||||
PepsiCo, Inc. | ||||||||||||
40,000 | 3.500 | 07/17/25 | 44,123 | |||||||||
290,000 | 2.750 | 03/19/30 | 309,754 | |||||||||
40,000 | 3.375 | 07/29/49 | 42,537 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Food and Beverage – (continued) | ||||||||||||
Sysco Corp. | ||||||||||||
$ | 80,000 | 2.400 | % | 02/15/30 | $ 80,465 | |||||||
Tyson Foods, Inc. | ||||||||||||
40,000 | 3.550 | 06/02/27 | 44,306 | |||||||||
| ||||||||||||
2,620,496 | ||||||||||||
| ||||||||||||
Hardware - 0.1% | ||||||||||||
Micron Technology, Inc. | ||||||||||||
120,000 | 4.185 | 02/15/27 | 135,150 | |||||||||
| ||||||||||||
Healthcare - 1.0% | ||||||||||||
Aetna, Inc. | ||||||||||||
40,000 | 4.750 | 03/15/44 | 47,781 | |||||||||
Anthem, Inc. | ||||||||||||
150,000 | 2.550 | 03/15/31 | 153,142 | |||||||||
15,000 | 4.650 | 08/15/44 | 18,210 | |||||||||
40,000 | 4.850 | 08/15/54 | 48,262 | |||||||||
Cigna Corp. | ||||||||||||
98,000 | 3.750 | 07/15/23 | 104,726 | |||||||||
CVS Health Corp. | ||||||||||||
200,000 | 3.250 | 08/15/29 | 215,030 | |||||||||
76,000 | 1.750 | 08/21/30 | 72,481 | |||||||||
70,000 | 5.050 | 03/25/48 | 87,083 | |||||||||
100,000 | 4.250 | 04/01/50 | 113,021 | |||||||||
Evernorth Health, Inc. | ||||||||||||
120,000 | 4.500 | 02/25/26 | 137,354 | |||||||||
HCA, Inc. | ||||||||||||
150,000 | 4.750 | 05/01/23 | 161,719 | |||||||||
40,000 | 5.250 | 04/15/25 | 46,150 | |||||||||
90,000 | 5.250 | 06/15/26 | 104,737 | |||||||||
40,000 | 4.500 | 02/15/27 | 45,400 | |||||||||
75,000 | 4.125 | 06/15/29 | 84,188 | |||||||||
40,000 | 5.500 | 06/15/47 | 50,700 | |||||||||
Humana, Inc. | ||||||||||||
40,000 | 3.950 | 08/15/49 | 43,690 | |||||||||
Quest Diagnostics, Inc. | ||||||||||||
100,000 | 2.800 | 06/30/31 | 103,516 | |||||||||
UnitedHealth Group, Inc. | ||||||||||||
250,000 | 3.750 | 07/15/25 | 279,054 | |||||||||
11,000 | 5.800 | 03/15/36 | 15,300 | |||||||||
60,000 | 2.750 | 05/15/40 | 58,736 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Healthcare – (continued) | ||||||||||||
UnitedHealth Group, Inc. – (continued) | ||||||||||||
$ | 40,000 | 5.950 | % | 02/15/41 | $ 56,802 | |||||||
40,000 | 3.750 | 10/15/47 | 44,237 | |||||||||
| ||||||||||||
2,091,319 | ||||||||||||
| ||||||||||||
Insurance - 0.6% | ||||||||||||
Aflac, Inc. | ||||||||||||
15,000 | 3.625 | 11/15/24 | 16,513 | |||||||||
Allstate Corp. (The) | ||||||||||||
15,000 | 4.200 | 12/15/46 | 17,898 | |||||||||
Arch Capital Group Ltd. | ||||||||||||
15,000 | 3.635 | 06/30/50 | 15,652 | |||||||||
AXIS Specialty Finance LLC | ||||||||||||
40,000 | 3.900 | 07/15/29 | 43,714 | |||||||||
Berkshire Hathaway Finance Corp. | ||||||||||||
15,000 | 5.750 | 01/15/40 | 21,134 | |||||||||
80,000 | 4.400 | 05/15/42 | 97,733 | |||||||||
15,000 | 4.300 | 05/15/43 | 18,175 | |||||||||
40,000 | 4.200 | 08/15/48 | 47,437 | |||||||||
Berkshire Hathaway, Inc. | ||||||||||||
40,000 | 2.750 | 03/15/23 | 41,600 | |||||||||
15,000 | 4.500 | 02/11/43 | 18,658 | |||||||||
Brown & Brown, Inc. | ||||||||||||
80,000 | 4.200 | 09/15/24 | 88,008 | |||||||||
Chubb INA Holdings, Inc. | ||||||||||||
150,000 | 3.350 | 05/03/26 | 165,126 | |||||||||
Cincinnati Financial Corp. | ||||||||||||
80,000 | 6.920 | 05/15/28 | 102,989 | |||||||||
CNO Financial Group, Inc. | ||||||||||||
80,000 | 5.250 | 05/30/29 | 94,500 | |||||||||
Hartford Financial Services Group, Inc. (The) | ||||||||||||
30,000 | 3.600 | 08/19/49 | 31,691 | |||||||||
Marsh & McLennan Cos., Inc. | ||||||||||||
80,000 | 3.500 | 06/03/24 | 86,575 | |||||||||
MetLife, Inc. | ||||||||||||
15,000 | 4.125 | 08/13/42 | 17,393 | |||||||||
80,000 | 4.600 | 05/13/46 | 99,393 | |||||||||
Progressive Corp. (The) | ||||||||||||
15,000 | 4.200 | 03/15/48 | 17,924 | |||||||||
Prudential Financial, Inc., MTN | ||||||||||||
15,000 | 6.625 | 06/21/40 | 21,906 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Insurance – (continued) | ||||||||||||
Prudential Financial, Inc., MTN – (continued) | ||||||||||||
$ | 15,000 | 4.350 | % | 02/25/50 | $ 17,891 | |||||||
60,000 | 3.700 | 03/13/51 | 64,687 | |||||||||
Travelers Cos., Inc. (The) | ||||||||||||
40,000 | 3.750 | 05/15/46 | 45,157 | |||||||||
Voya Financial, Inc.(b) | ||||||||||||
(3M USD LIBOR + 2.084%) | ||||||||||||
40,000 | 4.700 | 01/23/48 | 41,780 | |||||||||
| ||||||||||||
1,233,534 | ||||||||||||
| ||||||||||||
Metals - 0.0% | ||||||||||||
Steel Dynamics, Inc. | ||||||||||||
80,000 | 3.450 | 04/15/30 | 86,700 | |||||||||
15,000 | 3.250 | 01/15/31 | 16,031 | |||||||||
| ||||||||||||
102,731 | ||||||||||||
| ||||||||||||
Metals and Mining - 0.1% | ||||||||||||
Newmont Corp. | ||||||||||||
50,000 | 5.875 | 04/01/35 | 66,586 | |||||||||
Reliance Steel & Aluminum Co. | ||||||||||||
80,000 | 4.500 | 04/15/23 | 85,109 | |||||||||
| ||||||||||||
151,695 | ||||||||||||
| ||||||||||||
Other - 0.0% | ||||||||||||
Yale University, Series 2020 | ||||||||||||
80,000 | 2.402 | 04/15/50 | 74,689 | |||||||||
| ||||||||||||
REITs and Real Estate - 0.5% | ||||||||||||
Alexandria Real Estate Equities, Inc. | ||||||||||||
15,000 | 4.000 | 02/01/50 | 16,479 | |||||||||
Duke Realty LP | ||||||||||||
80,000 | 4.000 | 09/15/28 | 90,339 | |||||||||
Equinix, Inc. | ||||||||||||
80,000 | 5.375 | 05/15/27 | 85,018 | |||||||||
ERP Operating LP | ||||||||||||
40,000 | 4.150 | 12/01/28 | 45,386 | |||||||||
GLP Capital LP / GLP Financing II, Inc. | ||||||||||||
150,000 | 5.375 | 11/01/23 | 164,246 | |||||||||
90,000 | 3.350 | 09/01/24 | 95,429 | |||||||||
40,000 | 5.750 | 06/01/28 | 46,937 | |||||||||
45,000 | 4.000 | 01/15/30 | 47,789 | |||||||||
100,000 | 4.000 | 01/15/31 | 106,174 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
REITs and Real Estate – (continued) | ||||||||||||
Kimco Realty Corp. | ||||||||||||
$ | 40,000 | 3.400 | % | 11/01/22 | $ 41,530 | |||||||
Omega Healthcare Investors, Inc. | ||||||||||||
40,000 | 3.625 | 10/01/29 | 41,842 | |||||||||
Prologis LP | ||||||||||||
40,000 | 2.125 | 10/15/50 | 32,711 | |||||||||
Sabra Health Care LP | ||||||||||||
45,000 | 5.125 | 08/15/26 | 50,578 | |||||||||
Welltower, Inc. | ||||||||||||
200,000 | 4.250 | 04/15/28 | 225,697 | |||||||||
WP Carey, Inc. | ||||||||||||
15,000 | 2.250 | 04/01/33 | 14,177 | |||||||||
| ||||||||||||
1,104,332 | ||||||||||||
| ||||||||||||
Revenue - 0.0% | ||||||||||||
California Institute of Technology | ||||||||||||
15,000 | 3.650 | 09/01/19 | 16,140 | |||||||||
Hackensack Meridian Health, Inc., Series 2020 | ||||||||||||
15,000 | 2.675 | 09/01/41 | 14,252 | |||||||||
University of Chicago (The), Series 20B | ||||||||||||
40,000 | 2.761 | 04/01/45 | 40,369 | |||||||||
| ||||||||||||
70,761 | ||||||||||||
| ||||||||||||
Software - 0.5% | ||||||||||||
Oracle Corp. | ||||||||||||
300,000 | 2.950 | 11/15/24 | 321,130 | |||||||||
100,000 | 2.950 | 04/01/30 | 104,093 | |||||||||
150,000 | 2.875 | 03/25/31 | 153,931 | |||||||||
200,000 | 6.125 | 07/08/39 | 270,285 | |||||||||
20,000 | 5.375 | 07/15/40 | 25,030 | |||||||||
50,000 | 4.375 | 05/15/55 | 55,162 | |||||||||
15,000 | 3.850 | 04/01/60 | 15,063 | |||||||||
salesforce.com, Inc. | ||||||||||||
80,000 | 3.700 | 04/11/28 | 90,661 | |||||||||
| ||||||||||||
1,035,355 | ||||||||||||
| ||||||||||||
Technology - 2.3% | ||||||||||||
Adobe, Inc. | ||||||||||||
80,000 | 2.300 | 02/01/30 | 82,149 | |||||||||
Alphabet, Inc. | ||||||||||||
15,000 | 1.998 | 08/15/26 | 15,758 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Technology – (continued) | ||||||||||||
Apple, Inc. | ||||||||||||
$ | 15,000 | 1.700 | % | 09/11/22 | $ 15,285 | |||||||
90,000 | 3.450 | 05/06/24 | 97,946 | |||||||||
400,000 | 1.800 | 09/11/24 | 417,377 | |||||||||
50,000 | 3.200 | 05/13/25 | 54,733 | |||||||||
15,000 | 3.350 | 02/09/27 | 16,672 | |||||||||
15,000 | 3.200 | 05/11/27 | 16,562 | |||||||||
200,000 | 4.500 | 02/23/36 | 248,542 | |||||||||
80,000 | 3.850 | 05/04/43 | 91,600 | |||||||||
80,000 | 4.450 | 05/06/44 | 98,457 | |||||||||
50,000 | 3.750 | 11/13/47 | 56,460 | |||||||||
Applied Materials, Inc. | ||||||||||||
300,000 | 3.300 | 04/01/27 | 331,491 | |||||||||
Automatic Data Processing, Inc. | ||||||||||||
15,000 | 3.375 | 09/15/25 | 16,535 | |||||||||
15,000 | 1.250 | 09/01/30 | 14,131 | |||||||||
Broadcom Corp. / Broadcom Cayman Finance Ltd. | ||||||||||||
160,000 | 3.625 | 01/15/24 | 171,446 | |||||||||
Broadcom, Inc. | ||||||||||||
60,000 | 4.750 | 04/15/29 | 68,741 | |||||||||
90,000 | 3.469 | (c) | 04/15/34 | 91,302 | ||||||||
200,000 | 3.500 | (c) | 02/15/41 | 193,423 | ||||||||
Cisco Systems, Inc. | ||||||||||||
160,000 | 3.625 | 03/04/24 | 174,228 | |||||||||
Corning, Inc. | ||||||||||||
45,000 | 4.375 | 11/15/57 | 51,120 | |||||||||
Dell International LLC / EMC Corp. | ||||||||||||
100,000 | 5.450 | (c) | 06/15/23 | 108,784 | ||||||||
100,000 | 6.020 | (c) | 06/15/26 | 119,138 | ||||||||
HP, Inc. | ||||||||||||
15,000 | 6.000 | 09/15/41 | 19,597 | |||||||||
Intel Corp. | ||||||||||||
120,000 | 2.875 | 05/11/24 | 128,367 | |||||||||
200,000 | 3.700 | 07/29/25 | 221,999 | |||||||||
80,000 | 3.734 | 12/08/47 | 87,319 | |||||||||
International Business Machines Corp. | ||||||||||||
15,000 | 5.875 | 11/29/32 | 20,492 | |||||||||
150,000 | 4.150 | 05/15/39 | 172,232 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Technology – (continued) | ||||||||||||
International Business Machines Corp. – (continued) | ||||||||||||
$ | 150,000 | 4.000 | % | 06/20/42 | $ 170,357 | |||||||
Intuit, Inc. | ||||||||||||
15,000 | 1.350 | 07/15/27 | 14,946 | |||||||||
Jabil, Inc. | ||||||||||||
80,000 | 3.600 | 01/15/30 | 86,062 | |||||||||
KLA Corp. | ||||||||||||
60,000 | 3.300 | 03/01/50 | 59,722 | |||||||||
Microsoft Corp. | ||||||||||||
15,000 | 3.500 | 02/12/35 | 16,996 | |||||||||
220,000 | 4.250 | 02/06/47 | 272,122 | |||||||||
200,000 | 4.000 | 02/12/55 | 241,783 | |||||||||
20,000 | 2.675 | 06/01/60 | 18,564 | |||||||||
NetApp, Inc. | ||||||||||||
80,000 | 1.875 | 06/22/25 | 82,573 | |||||||||
PayPal Holdings, Inc. | ||||||||||||
160,000 | 2.400 | 10/01/24 | 168,963 | |||||||||
15,000 | 3.250 | 06/01/50 | 15,269 | |||||||||
QUALCOMM, Inc. | ||||||||||||
160,000 | 4.300 | 05/20/47 | 191,424 | |||||||||
VMware, Inc. | ||||||||||||
80,000 | 4.700 | 05/15/30 | 93,191 | |||||||||
Xilinx, Inc. | ||||||||||||
40,000 | 2.950 | 06/01/24 | 42,640 | |||||||||
| ||||||||||||
4,676,498 | ||||||||||||
| ||||||||||||
Transportation - 0.5% | ||||||||||||
Burlington Northern Santa Fe LLC | ||||||||||||
50,000 | 5.750 | 05/01/40 | 68,871 | |||||||||
25,000 | 5.150 | 09/01/43 | 32,896 | |||||||||
40,000 | 3.900 | 08/01/46 | 45,109 | |||||||||
40,000 | 4.125 | 06/15/47 | 46,795 | |||||||||
40,000 | 4.150 | 12/15/48 | 46,889 | |||||||||
CSX Corp. | ||||||||||||
15,000 | 3.250 | 06/01/27 | 16,415 | |||||||||
80,000 | 4.100 | 03/15/44 | 91,171 | |||||||||
40,000 | 4.300 | 03/01/48 | 46,294 | |||||||||
FedEx Corp. | ||||||||||||
40,000 | 3.900 | 02/01/35 | 44,877 | |||||||||
40,000 | 4.400 | 01/15/47 | 46,197 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Transportation – (continued) | ||||||||||||
FedEx Corp. – (continued) | ||||||||||||
$ | 40,000 | 4.950 | % | 10/17/48 | $ 50,041 | |||||||
Southwest Airlines Co. | ||||||||||||
40,000 | 5.250 | 05/04/25 | 45,823 | |||||||||
Union Pacific Corp. | ||||||||||||
40,000 | 3.700 | 03/01/29 | 44,696 | |||||||||
120,000 | 3.799 | 10/01/51 | 130,690 | |||||||||
60,000 | 3.839 | 03/20/60 | 64,605 | |||||||||
15,000 | 3.750 | 02/05/70 | 15,567 | |||||||||
Union Pacific Railroad Co. Pass-Through Trust, Series 2015-1 | ||||||||||||
79,399 | 2.695 | 05/12/27 | 84,478 | |||||||||
United Parcel Service, Inc. | ||||||||||||
40,000 | 3.625 | 10/01/42 | 44,269 | |||||||||
15,000 | 4.250 | 03/15/49 | 18,071 | |||||||||
15,000 | 5.300 | 04/01/50 | 20,942 | |||||||||
| ||||||||||||
1,004,696 | ||||||||||||
| ||||||||||||
Water - 0.1% | ||||||||||||
American Water Capital Corp. | ||||||||||||
105,000 | 3.750 | 09/01/47 | 114,508 | |||||||||
40,000 | 4.200 | 09/01/48 | 46,734 | |||||||||
| ||||||||||||
161,242 | ||||||||||||
| ||||||||||||
Wireless - 0.8% | ||||||||||||
American Tower Corp. | ||||||||||||
20,000 | 3.100 | 06/15/50 | 18,641 | |||||||||
Crown Castle International Corp. | ||||||||||||
40,000 | 3.300 | 07/01/30 | 42,509 | |||||||||
40,000 | 4.150 | 07/01/50 | 43,726 | |||||||||
T-Mobile USA, Inc. | ||||||||||||
90,000 | 3.500 | 04/15/25 | 97,821 | |||||||||
60,000 | 3.750 | 04/15/27 | 66,154 | |||||||||
300,000 | 2.050 | 02/15/28 | 299,330 | |||||||||
30,000 | 4.375 | 04/15/40 | 33,574 | |||||||||
Verizon Communications, Inc. | ||||||||||||
75,000 | 4.329 | 09/21/28 | 86,367 | |||||||||
500,000 | 3.150 | 03/22/30 | 530,510 | |||||||||
21,000 | 4.500 | 08/10/33 | 24,687 | |||||||||
100,000 | 4.272 | 01/15/36 | 115,507 | |||||||||
15,000 | 3.400 | 03/22/41 | 15,271 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Wireless – (continued) | ||||||||||||
Verizon Communications, Inc. – (continued) | ||||||||||||
$ | 80,000 | 5.500 | % | 03/16/47 | $ 107,335 | |||||||
40,000 | 4.522 | 09/15/48 | 47,351 | |||||||||
40,000 | 4.000 | 03/22/50 | 44,104 | |||||||||
| ||||||||||||
1,572,887 | ||||||||||||
| ||||||||||||
TOTAL CORPORATE OBLIGATIONS (Cost $48,508,814) | $ 47,544,515 | |||||||||||
| ||||||||||||
U.S. Treasury Bonds – 7.1% | ||||||||||||
U.S. Treasury Bonds | ||||||||||||
$ | 4,380,000 | 4.375 | % | 02/15/38 | $ 5,887,421 | |||||||
2,673,000 | 3.875 | 08/15/40 | 3,423,476 | |||||||||
1,978,000 | 2.500 | 02/15/45 | 2,067,126 | |||||||||
780,000 | 2.500 | 05/15/46 | 814,658 | |||||||||
2,360,000 | 2.000 | 02/15/50 | 2,217,202 | |||||||||
| ||||||||||||
TOTAL U.S. TREASURY BONDS (Cost $15,786,895) | $ 14,409,883 | |||||||||||
| ||||||||||||
Foreign Corporate Debt - 5.0% | ||||||||||||
Banks - 1.5% | ||||||||||||
Banco Bilbao Vizcaya Argentaria SA (Spain) | ||||||||||||
$ | 200,000 | 1.125 | % | 09/18/25 | $ 199,072 | |||||||
Bank of Montreal, MTN (Canada) | ||||||||||||
170,000 | 2.900 | 03/26/22 | 173,867 | |||||||||
Bank of Nova Scotia (The) (Canada) | ||||||||||||
81,000 | 2.700 | 03/07/22 | 82,537 | |||||||||
200,000 | 3.400 | 02/11/24 | 215,641 | |||||||||
Barclays PLC (United Kingdom) | ||||||||||||
200,000 | 4.375 | 09/11/24 | 218,710 | |||||||||
200,000 | 5.200 | 05/12/26 | 229,057 | |||||||||
HSBC Holdings PLC (United Kingdom) | ||||||||||||
(3M USD LIBOR + 1.211%) | ||||||||||||
350,000 | 3.803 | (b) | 03/11/25 | 378,401 | ||||||||
200,000 | 6.500 | 09/15/37 | 272,804 | |||||||||
Korea Development Bank (The) (South Korea) | ||||||||||||
300,000 | 0.800 | 07/19/26 | 296,618 | |||||||||
Lloyds Banking Group PLC(b) (United Kingdom) | ||||||||||||
(US 1 Year CMT T-Note + 3.500%) | ||||||||||||
200,000 | 3.870 | 07/09/25 | 217,909 | |||||||||
Mitsubishi UFJ Financial Group, Inc. (Japan) | ||||||||||||
200,000 | 3.850 | 03/01/26 | 224,948 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Mitsubishi UFJ Financial Group, Inc. (Japan) – (continued) | ||||||||||||
$ | 100,000 | 3.741 | % | 03/07/29 | $ 111,709 | |||||||
Natwest Group PLC (United Kingdom) | ||||||||||||
100,000 | 6.000 | 12/19/23 | 112,610 | |||||||||
Royal Bank of Canada, GMTN (Canada) | ||||||||||||
40,000 | 1.600 | 04/17/23 | 41,025 | |||||||||
Sumitomo Mitsui Financial Group, Inc. (Japan) | ||||||||||||
120,000 | 3.010 | 10/19/26 | 129,874 | |||||||||
Toronto-Dominion Bank (The)(b) (Canada) | ||||||||||||
(5 Year USD Swap + 2.205%) | ||||||||||||
160,000 | 3.625 | 09/15/31 | 177,800 | |||||||||
| ||||||||||||
3,082,582 | ||||||||||||
| ||||||||||||
Basic Industry - 0.0% | ||||||||||||
Syngenta Finance NV (Switzerland) | ||||||||||||
20,000 | 3.125 | 03/28/22 | 20,325 | |||||||||
| ||||||||||||
Brokerage - 0.0% | ||||||||||||
Brookfield Finance, Inc. (Canada) | ||||||||||||
50,000 | 4.350 | 04/15/30 | 57,156 | |||||||||
15,000 | 3.500 | 03/30/51 | 14,847 | |||||||||
| ||||||||||||
72,003 | ||||||||||||
| ||||||||||||
Capital Goods - 0.0% | ||||||||||||
CNH Industrial NV (United Kingdom) | ||||||||||||
80,000 | 4.500 | 08/15/23 | 86,668 | |||||||||
| ||||||||||||
Communications - 0.0% | ||||||||||||
RELX Capital, Inc. (United Kingdom) | ||||||||||||
40,000 | 3.500 | 03/16/23 | 42,084 | |||||||||
| ||||||||||||
Consumer Noncyclical - 0.5% | ||||||||||||
AstraZeneca PLC (United Kingdom) | ||||||||||||
80,000 | 3.375 | 11/16/25 | 87,980 | |||||||||
150,000 | 0.700 | 04/08/26 | 147,053 | |||||||||
15,000 | 4.375 | 11/16/45 | 18,071 | |||||||||
BAT Capital Corp. (United Kingdom) | ||||||||||||
80,000 | 5.282 | 04/02/50 | 88,431 | |||||||||
Bayer US Finance II LLC (Germany) | ||||||||||||
100,000 | 3.375 | (c) | 07/15/24 | 106,796 | ||||||||
15,000 | 4.200 | (c) | 07/15/34 | 16,365 | ||||||||
GlaxoSmithKline Capital PLC (United Kingdom) | ||||||||||||
100,000 | 3.000 | 06/01/24 | 107,320 | |||||||||
GlaxoSmithKline Capital, Inc. (United Kingdom) | ||||||||||||
150,000 | 6.375 | 05/15/38 | 219,046 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Consumer Noncyclical – (continued) | ||||||||||||
GlaxoSmithKline Capital, Inc. (United Kingdom) – (continued) | ||||||||||||
$ | 20,000 | 4.200 | % | 03/18/43 | $ 24,148 | |||||||
Reynolds American, Inc. (United Kingdom) | ||||||||||||
81,000 | 5.700 | 08/15/35 | 96,004 | |||||||||
| ||||||||||||
911,214 | ||||||||||||
| ||||||||||||
Consumer Products - 0.0% | ||||||||||||
Koninklijke Philips NV (Netherlands) | ||||||||||||
15,000 | 6.875 | 03/11/38 | 22,627 | |||||||||
| ||||||||||||
Energy - 0.6% | ||||||||||||
Enbridge, Inc. (Canada) | ||||||||||||
110,000 | 3.125 | 11/15/29 | 116,417 | |||||||||
15,000 | 5.500 | 12/01/46 | 18,895 | |||||||||
(3M USD LIBOR + 3.641%) | ||||||||||||
15,000 | 6.250 | (b) | 03/01/78 | 16,388 | ||||||||
Enbridge, Inc.(b), Series 16-A (Canada) | ||||||||||||
(3M USD LIBOR + 3.890%) | ||||||||||||
15,000 | 6.000 | 01/15/77 | 16,181 | |||||||||
Equinor ASA (Norway) | ||||||||||||
300,000 | 3.125 | 04/06/30 | 322,998 | |||||||||
Shell International Finance BV (Netherlands) | ||||||||||||
40,000 | 2.000 | 11/07/24 | 41,843 | |||||||||
15,000 | 3.250 | 05/11/25 | 16,370 | |||||||||
400,000 | 4.000 | 05/10/46 | 455,857 | |||||||||
TransCanada PipeLines Ltd. (Canada) | ||||||||||||
80,000 | 4.875 | 01/15/26 | 92,616 | |||||||||
100,000 | 6.200 | 10/15/37 | 132,915 | |||||||||
Transcanada Trust(b) (Canada) | ||||||||||||
(3M USD LIBOR + 3.208%) | ||||||||||||
15,000 | 5.300 | 03/15/77 | 15,820 | |||||||||
| ||||||||||||
1,246,300 | ||||||||||||
| ||||||||||||
Food and Beverage - 0.4% | ||||||||||||
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. (Belgium) | ||||||||||||
80,000 | 4.900 | 02/01/46 | 96,401 | |||||||||
Anheuser-Busch InBev Finance, Inc. (Belgium) | ||||||||||||
15,000 | 4.700 | 02/01/36 | 17,848 | |||||||||
100,000 | 4.900 | 02/01/46 | 120,354 | |||||||||
Anheuser-Busch InBev Worldwide, Inc. (Belgium) | ||||||||||||
300,000 | 3.500 | 06/01/30 | 329,309 | |||||||||
46,000 | 4.375 | 04/15/38 | 52,877 | |||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Food and Beverage – (continued) | ||||||||||||
Anheuser-Busch InBev Worldwide, Inc. (Belgium) – (continued) | ||||||||||||
$ | 40,000 | 4.600 | % | 04/15/48 | $ 46,483 | |||||||
40,000 | 5.550 | 01/23/49 | 52,307 | |||||||||
40,000 | 4.750 | 04/15/58 | 47,021 | |||||||||
| ||||||||||||
762,600 | ||||||||||||
| ||||||||||||
Forest Products & Paper - 0.1% | ||||||||||||
Suzano Austria GmbH (Brazil) | ||||||||||||
200,000 | 5.000 | 01/15/30 | 224,676 | |||||||||
| ||||||||||||
Internet - 0.3% | ||||||||||||
Baidu, Inc. (China) | ||||||||||||
200,000 | 3.075 | 04/07/25 | 211,838 | |||||||||
Tencent Music Entertainment Group (China) | ||||||||||||
300,000 | 2.000 | 09/03/30 | 285,703 | |||||||||
| ||||||||||||
497,541 | ||||||||||||
| ||||||||||||
Metals - 0.1% | ||||||||||||
ArcelorMittal SA (Luxembourg) | ||||||||||||
30,000 | 3.600 | 07/16/24 | 32,025 | |||||||||
15,000 | 4.550 | 03/11/26 | 16,706 | |||||||||
15,000 | 4.250 | 07/16/29 | 16,331 | |||||||||
10,000 | 7.250 | 10/15/39 | 13,775 | |||||||||
15,000 | 7.000 | 03/01/41 | 20,400 | |||||||||
| ||||||||||||
99,237 | ||||||||||||
| ||||||||||||
Metals and Mining - 0.1% | ||||||||||||
Rio Tinto Finance USA Ltd. (Australia) | ||||||||||||
200,000 | 3.750 | 06/15/25 | 221,538 | |||||||||
| ||||||||||||
Mining - 0.1% | ||||||||||||
Southern Copper Corp. (Peru) | ||||||||||||
55,000 | 3.875 | 04/23/25 | 60,207 | |||||||||
Vale Overseas Ltd. (Brazil) | ||||||||||||
60,000 | 6.250 | 08/10/26 | 72,600 | |||||||||
115,000 | 3.750 | 07/08/30 | 122,051 | |||||||||
| ||||||||||||
254,858 | ||||||||||||
| ||||||||||||
Oil Company-Integrated - 0.6% | ||||||||||||
Petroleos Mexicanos (Mexico) | ||||||||||||
300,000 | 3.500 | 01/30/23 | 307,393 | |||||||||
225,000 | 6.875 | 08/04/26 | 249,857 | |||||||||
100,000 | 5.350 | 02/12/28 | 98,633 | |||||||||
250,000 | 5.950 | 01/28/31 | 244,172 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Oil Company-Integrated – (continued) | ||||||||||||
Saudi Arabian Oil Co.(c) (Saudi Arabia) | ||||||||||||
$ | 300,000 | 2.250 | % | 11/24/30 | $ 294,000 | |||||||
| ||||||||||||
1,194,055 | ||||||||||||
| ||||||||||||
Technology - 0.1% | ||||||||||||
NXP BV / NXP Funding LLC / NXP USA, Inc.(c) (China) | ||||||||||||
120,000 | 3.400 | 05/01/30 | 129,301 | |||||||||
| ||||||||||||
Telecommunications - 0.3% | ||||||||||||
America Movil SAB de CV (Mexico) | ||||||||||||
280,000 | 3.625 | 04/22/29 | 305,633 | |||||||||
200,000 | 2.875 | 05/07/30 | 207,633 | |||||||||
| ||||||||||||
513,266 | ||||||||||||
| ||||||||||||
Transportation - 0.0% | ||||||||||||
Canadian National Railway Co. (Canada) | ||||||||||||
40,000 | 4.450 | 01/20/49 | 47,997 | |||||||||
| ||||||||||||
Wireless - 0.2% | ||||||||||||
Vodafone Group PLC (United Kingdom) | ||||||||||||
80,000 | 2.500 | 09/26/22 | 82,303 | |||||||||
250,000 | 4.125 | 05/30/25 | 280,435 | |||||||||
50,000 | 5.250 | 05/30/48 | 63,347 | |||||||||
| ||||||||||||
426,085 | ||||||||||||
| ||||||||||||
Wirelines - 0.1% | ||||||||||||
Bell Canada (Canada) | ||||||||||||
80,000 | 4.300 | 07/29/49 | 93,000 | |||||||||
Deutsche Telekom International Finance BV (Germany) | ||||||||||||
15,000 | 8.750 | 06/15/30 | 22,191 | |||||||||
| ||||||||||||
115,191 | ||||||||||||
| ||||||||||||
TOTAL FOREIGN CORPORATE DEBT (Cost $9,998,377) | $9,970,148 | |||||||||||
| ||||||||||||
Foreign Debt Obligations - 3.1% | ||||||||||||
Sovereign - 3.1% | ||||||||||||
Abu Dhabi Government International Bond (United Arab Emirates) | ||||||||||||
200,000 | 0.750 | (c) | 09/02/23 | 201,419 | ||||||||
400,000 | 2.125 | (c) | 09/30/24 | 420,119 | ||||||||
200,000 | 2.500 | (c) | 04/16/25 | 212,180 | ||||||||
200,000 | 2.700 | (c) | 09/02/70 | 175,469 | ||||||||
China Government International Bond (China) | ||||||||||||
400,000 | 0.400 | (c) | 10/21/23 | 400,353 | ||||||||
600,000 | 0.550 | (c) | 10/21/25 | 591,342 | ||||||||
|
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Debt Obligations – (continued) | ||||||||||||
Sovereign – (continued) | ||||||||||||
Colombia Government International Bond (Colombia) | ||||||||||||
$ | 100,000 | 6.125 | % | 01/18/41 | $ 116,348 | |||||||
Hungary Government International Bond (Hungary) | ||||||||||||
16,000 | 5.375 | 02/21/23 | 17,390 | |||||||||
Indonesia Government International Bond (Indonesia) | ||||||||||||
200,000 | 3.850 | 10/15/30 | 222,442 | |||||||||
300,000 | 5.250 | 01/17/42 | 366,351 | |||||||||
Landwirtschaftliche Rentenbank (Germany) | ||||||||||||
15,000 | 3.125 | 11/14/23 | 16,029 | |||||||||
Mexico Government International Bond (Mexico) | ||||||||||||
56,000 | 4.000 | 10/02/23 | 60,826 | |||||||||
250,000 | 3.250 | 04/16/30 | 258,053 | |||||||||
Panama Government International Bond (Panama) | ||||||||||||
200,000 | 6.700 | 01/26/36 | 268,750 | |||||||||
Perusahaan Penerbit SBSN Indonesia III (Indonesia) | ||||||||||||
400,000 | 4.550 | (c) | 03/29/26 | 455,000 | ||||||||
200,000 | 2.800 | (c) | 06/23/30 | 205,250 | ||||||||
Philippine Government International Bond (Philippines) | ||||||||||||
200,000 | 3.750 | 01/14/29 | 226,611 | |||||||||
Province of Alberta Canada (Canada) | ||||||||||||
15,000 | 2.200 | 07/26/22 | 15,341 | |||||||||
50,000 | 3.300 | 03/15/28 | 55,700 | |||||||||
Province of British Columbia Canada (Canada) | ||||||||||||
15,000 | 2.000 | 10/23/22 | 15,378 | |||||||||
Province of Ontario Canada (Canada) | ||||||||||||
30,000 | 1.050 | 05/21/27 | 29,593 | |||||||||
30,000 | 1.600 | 02/25/31 | 29,132 | |||||||||
Province of Quebec Canada (Canada) | ||||||||||||
90,000 | 0.600 | 07/23/25 | 88,161 | |||||||||
25,000 | 2.750 | 04/12/27 | 27,220 | |||||||||
Qatar Government International Bond (Qatar) | ||||||||||||
280,000 | 3.400 | (c) | 04/16/25 | 305,726 | ||||||||
200,000 | 4.817 | (c) | 03/14/49 | 252,944 | ||||||||
Republic of Poland Government International Bond (Poland) | ||||||||||||
30,000 | 3.250 | 04/06/26 | 33,255 | |||||||||
Romanian Government International Bond(c) (Romania) | ||||||||||||
16,000 | 3.000 | 02/14/31 | 16,465 | |||||||||
Russian Foreign Bond - Eurobond(c) (Russia) | ||||||||||||
200,000 | 5.250 | 06/23/47 | 250,250 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Debt Obligations – (continued) | ||||||||||||
Sovereign – (continued) | ||||||||||||
Saudi Government International Bond (Saudi Arabia) | ||||||||||||
$ | 300,000 | 2.900 | %(c) | 10/22/25 | $ 320,197 | |||||||
500,000 | 4.625 | 10/04/47 | 584,460 | |||||||||
Uruguay Government International Bond (Uruguay) | ||||||||||||
15,000 | 4.375 | 01/23/31 | 17,456 | |||||||||
| ||||||||||||
TOTAL FOREIGN DEBT OBLIGATIONS (Cost $6,343,527) | $ 6,255,210 | |||||||||||
| ||||||||||||
Shares | Dividend Rate | Value | ||||||||||
Investment Company – 23.6%(d) | ||||||||||||
Goldman Sachs Financial Square Government Fund – Institutional Shares | ||||||||||||
$ | 47,634,646 | 0.026% | $47,634,646 | |||||||||
(Cost $47,634,646) | ||||||||||||
| ||||||||||||
TOTAL INVESTMENTS – 122.8% (Cost $251,599,081) | $248,064,346 | |||||||||||
| ||||||||||||
LIABILITIES IN EXCESS OF ASSETS - (22.8)% | (45,967,653) | |||||||||||
| ||||||||||||
NET ASSETS - 100.0% | $202,096,693 | |||||||||||
|
The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. | ||
(a) | TBA (To Be Announced) Securities are purchased on a forward commitment basis with an approximate principal amount and no defined maturity date. The actual principal and maturity date will be determined upon settlement when the specific mortgage pools are assigned. Total market value of TBA securities (excluding forward sales contracts, if any) amounts to $49,989,325 which represents approximately 24.7% of the Fund’s net assets as of May 31, 2021. | |
(b) | Variable rate security. Interest rate or distribution rate disclosed is that which is in effect on May 31, 2021. | |
(c) | Exempt from registration under Rule 144A of the Securities Act of 1933. | |
(d) | Represents an affiliated issuer. |
GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
| ||
Investment Abbreviations: | ||
CMT | — Constant Maturity Treasury Index | |
GMTN | — Global Medium Term Note | |
LIBOR | — London Interbank Offered Rate | |
LP | — Limited Partnership | |
MTN | — Medium Term Note | |
PLC | — Public Limited Company | |
REIT | — Real Estate Investment Trust | |
SOFR | — Secured Overnight Financing Rate | |
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Mortgage-Backed Securities – 30.4% | ||||||||||||
FHLMC REMIC Series 2003-2682, Class FB(a) (1M USD LIBOR + 0.900%) | ||||||||||||
$ | 238,856 | 1.001 | % | 10/15/33 | $ 243,870 | |||||||
FHLMC REMIC Series 2003-2711, Class FA(a) (1M USD LIBOR + 1.000%) | ||||||||||||
284,844 | 1.101 | 11/15/33 | 292,404 | |||||||||
FHLMC REMIC Series 2005-3033, Class FG(a) (1M USD LIBOR + 0.350%) | ||||||||||||
745,432 | 0.451 | 09/15/35 | 750,019 | |||||||||
FHLMC REMIC Series 2007-3298, Class FC(a) (1M USD LIBOR + 0.420%) | ||||||||||||
250,081 | 0.521 | 04/15/37 | 251,722 | |||||||||
FHLMC REMIC Series 2007-3314, Class FC(a) (1M USD LIBOR + 0.400%) | ||||||||||||
34,203 | 0.501 | 12/15/36 | 34,429 | |||||||||
FHLMC REMIC Series 2007-3316, Class FB(a) (1M USD LIBOR + 0.300%) | ||||||||||||
875,630 | 0.401 | 08/15/35 | 878,387 | |||||||||
FHLMC REMIC Series 2007-3371, Class FA(a) (1M USD LIBOR + 0.600%) | ||||||||||||
160,562 | 0.701 | 09/15/37 | 163,034 | |||||||||
FHLMC REMIC Series 2009-3593, Class CF(a) (1M USD LIBOR + 0.600%) | ||||||||||||
1,855,309 | 0.701 | 02/15/36 | 1,885,535 | |||||||||
FHLMC REMIC Series 2011-3895, Class FM(a) (1M USD LIBOR + 0.350%) | ||||||||||||
222,677 | 0.451 | 12/15/40 | 223,334 | |||||||||
FHLMC REMIC Series 2012-4040, Class FW(a) (1M USD LIBOR + 0.370%) | ||||||||||||
597,495 | 0.471 | 05/15/32 | 599,577 | |||||||||
FHLMC REMIC Series 2012-4057, Class FE(a) (1M USD LIBOR + 0.450%) | ||||||||||||
1,330,696 | 0.551 | 06/15/42 | 1,340,709 | |||||||||
FHLMC REMIC Series 2012-4068, Class UF(a) (1M USD LIBOR + 0.500%) | ||||||||||||
303,954 | 0.601 | 06/15/42 | 306,467 | |||||||||
FHLMC REMIC Series 2012-4098, Class MF(a) (1M USD LIBOR + 0.300%) | ||||||||||||
394,867 | 0.401 | 11/15/41 | 395,140 | |||||||||
FHLMC REMIC Series 2013-4203, Class QF(a) (1M USD LIBOR + 0.250%) | ||||||||||||
1,596,821 | 0.351 | 05/15/43 | 1,596,425 | |||||||||
FHLMC REMIC Series 2013-4248, Class FL(a) (1M USD LIBOR + 0.450%) | ||||||||||||
119,197 | 0.551 | 05/15/41 | 120,213 | |||||||||
FHLMC REMIC Series 2013-4263, Class FB(a) (1M USD LIBOR + 0.400%) | ||||||||||||
91,223 | 0.501 | 11/15/43 | 91,907 | |||||||||
FHLMC REMIC Series 2013-4272, Class FD(a) (1M USD LIBOR + 0.350%) | ||||||||||||
101,469 | 0.451 | 11/15/43 | 102,089 | |||||||||
FHLMC REMIC Series 2017-4678, Class AF(a) (1M USD LIBOR + 0.400%) | ||||||||||||
2,907,635 | 0.515 | 12/15/42 | 2,904,186 | |||||||||
FHLMC REMIC Series 2018-4787, Class ZS | ||||||||||||
1,902,708 | 5.000 | 07/01/48 | 2,095,180 | |||||||||
FHLMC REMIC Series 2018-4818, Class FC(a) (1M USD LIBOR + 0.300%) | ||||||||||||
408,420 | 0.401 | 04/15/48 | 408,019 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Mortgage-Backed Securities – (continued) | ||||||||||||
FHLMC REMIC Series 2018-4852, Class BF(a) (1M USD LIBOR + 0.400%) | ||||||||||||
$ | 2,618,828 | 0.501 | % | 12/15/48 | $ 2,632,181 | |||||||
FHLMC REMIC Series 2019-4897, Class F(a) (1M USD LIBOR + 0.400%) | ||||||||||||
1,804,607 | 0.501 | 07/15/49 | 1,816,069 | |||||||||
FHLMC REMIC Series 2019-4903, Class F(a) (1M USD LIBOR + 0.450%) | ||||||||||||
351,763 | 0.551 | 09/15/48 | 354,855 | |||||||||
FHLMC REMIC Series 2019-4906, Class NF(a) (1M USD LIBOR + 0.400%) | ||||||||||||
2,662,007 | 0.515 | 03/15/38 | 2,679,106 | |||||||||
FHLMC REMIC Series 2020-5002, Class FJ(a) (1M USD LIBOR + 0.400%) | ||||||||||||
301,881 | 0.492 | 07/25/50 | 303,140 | |||||||||
FHLMC REMIC Series 2020-5031, Class FA(a) (SOFR + 0.300%) | ||||||||||||
3,688,721 | 0.310 | 08/15/43 | 3,691,318 | |||||||||
FHLMC STRIPS Series 2006-239, Class F22(a) (1M USD LIBOR + 0.350%) | ||||||||||||
249,091 | 0.451 | 08/15/36 | 250,521 | |||||||||
FHLMC STRIPS Series 2006-239, Class F30(a) (1M USD LIBOR + 0.300%) | ||||||||||||
622,728 | 0.401 | 08/15/36 | 625,945 | |||||||||
FNMA REMIC Series 2004-54, Class FL(a) (1M USD LIBOR + 0.400%) | ||||||||||||
166,107 | 0.492 | 07/25/34 | 167,271 | |||||||||
FNMA REMIC Series 2004-54, Class FN(a) (1M USD LIBOR + 0.450%) | ||||||||||||
406,648 | 0.542 | 07/25/34 | 410,549 | |||||||||
FNMA REMIC Series 2005-120, Class FE(a) (1M USD LIBOR + 0.520%) | ||||||||||||
573,559 | 0.612 | 01/25/36 | 580,950 | |||||||||
FNMA REMIC Series 2005-87, Class FE(a) (1M USD LIBOR + 0.450%) | ||||||||||||
636,995 | 0.542 | 10/25/35 | 642,502 | |||||||||
FNMA REMIC Series 2006-110, Class AF(a) (1M USD LIBOR + 0.330%) | ||||||||||||
3,252,607 | 0.422 | 11/25/36 | 3,269,855 | |||||||||
FNMA REMIC Series 2006-16, Class FC(a) (1M USD LIBOR + 0.300%) | ||||||||||||
171,987 | 0.392 | 03/25/36 | 172,457 | |||||||||
FNMA REMIC Series 2006-36, Class FB(a) (1M USD LIBOR + 0.300%) | ||||||||||||
75,337 | 0.392 | 05/25/36 | 75,632 | |||||||||
FNMA REMIC Series 2006-42, Class PF(a) (1M USD LIBOR + 0.410%) | ||||||||||||
145,312 | 0.502 | 06/25/36 | 146,455 | |||||||||
FNMA REMIC Series 2006-44, Class FP(a) (1M USD LIBOR + 0.400%) | ||||||||||||
1,360,104 | 0.492 | 06/25/36 | 1,370,567 | |||||||||
FNMA REMIC Series 2006-61, Class FD(a) (1M USD LIBOR + 0.360%) | ||||||||||||
253,893 | 0.452 | 07/25/36 | 255,403 | |||||||||
FNMA REMIC Series 2006-79, Class DF(a) (1M USD LIBOR + 0.350%) | ||||||||||||
569,409 | 0.442 | 08/25/36 | 572,664 | |||||||||
FNMA REMIC Series 2006-88, Class AF(a) (1M USD LIBOR + 0.460%) | ||||||||||||
488,305 | 0.552 | 09/25/36 | 493,502 | |||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Mortgage-Backed Securities – (continued) | ||||||||||||
FNMA REMIC Series 2007-35, Class PF(a) (1M USD LIBOR + 0.250%) | ||||||||||||
$ | 98,164 | 0.342 | % | 04/25/37 | $ 98,353 | |||||||
FNMA REMIC Series 2007-67, Class FB(a) (1M USD LIBOR + 0.320%) | ||||||||||||
476,749 | 0.412 | 07/25/37 | 478,728 | |||||||||
FNMA REMIC Series 2008-1, Class CF(a) (1M USD LIBOR + 0.700%) | ||||||||||||
68,775 | 0.792 | 02/25/38 | 69,636 | |||||||||
FNMA REMIC Series 2009-110, Class FG(a) (1M USD LIBOR + 0.750%) | ||||||||||||
325,111 | 0.842 | 01/25/40 | 330,713 | |||||||||
FNMA REMIC Series 2010-113, Class FA(a) (1M USD LIBOR + 0.400%) | ||||||||||||
215,138 | 0.492 | 10/25/40 | 216,528 | |||||||||
FNMA REMIC Series 2010-116, Class FE(a) (1M USD LIBOR + 0.400%) | ||||||||||||
263,740 | 0.492 | 10/25/40 | 265,463 | |||||||||
FNMA REMIC Series 2010-141, Class FB(a) (1M USD LIBOR + 0.470%) | ||||||||||||
164,240 | 0.562 | 12/25/40 | 165,762 | |||||||||
FNMA REMIC Series 2010-15, Class FJ(a) (1M USD LIBOR + 0.930%) | ||||||||||||
505,158 | 1.022 | 06/25/36 | 514,864 | |||||||||
FNMA REMIC Series 2010-39, Class FE(a) (1M USD LIBOR + 0.770%) | ||||||||||||
801,863 | 0.862 | 06/25/37 | 816,036 | |||||||||
FNMA REMIC Series 2010-39, Class FG(a) (1M USD LIBOR + 0.920%) | ||||||||||||
345,735 | 1.012 | 03/25/36 | 355,012 | |||||||||
FNMA REMIC Series 2010-46, Class WF(a) (1M USD LIBOR + 0.750%) | ||||||||||||
2,537,623 | 0.842 | 05/25/40 | 2,597,270 | |||||||||
FNMA REMIC Series 2010-49, Class FB(a) (1M USD LIBOR + 0.750%) | ||||||||||||
244,690 | 0.842 | 05/25/40 | 249,262 | |||||||||
FNMA REMIC Series 2011-5, Class PF(a) (1M USD LIBOR + 0.600%) | ||||||||||||
282,143 | 0.692 | 11/25/40 | 283,371 | |||||||||
FNMA REMIC Series 2011-53, Class FT(a) (1M USD LIBOR + 0.580%) | ||||||||||||
229,918 | 0.672 | 06/25/41 | 233,029 | |||||||||
FNMA REMIC Series 2011-87, Class FJ(a) (1M USD LIBOR + 0.550%) | ||||||||||||
295,230 | 0.642 | 09/25/41 | 298,632 | |||||||||
FNMA REMIC Series 2012-101, Class FC(a) (1M USD LIBOR + 0.500%) | ||||||||||||
194,823 | 0.592 | 09/25/42 | 196,402 | |||||||||
FNMA REMIC Series 2012-14, Class BF(a) (1M USD LIBOR + 0.600%) | ||||||||||||
1,327,151 | 0.692 | 03/25/42 | 1,348,961 | |||||||||
FNMA REMIC Series 2012-37, Class BF(a) (1M USD LIBOR + 0.500%) | ||||||||||||
218,297 | 0.592 | 12/25/35 | 220,501 | |||||||||
FNMA REMIC Series 2013-10, Class KF(a) (1M USD LIBOR + 0.300%) | ||||||||||||
143,016 | 0.392 | 02/25/43 | 143,285 | |||||||||
FNMA REMIC Series 2013-130, Class FB(a) (1M USD LIBOR + 0.450%) | ||||||||||||
162,935 | 0.542 | 01/25/44 | 164,147 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Mortgage-Backed Securities – (continued) | ||||||||||||
FNMA REMIC Series 2013-19, Class DF(a) (1M USD LIBOR + 0.300%) | ||||||||||||
$ | 1,251,341 | 0.392 | % | 09/25/41 | $ 1,252,199 | |||||||
FNMA REMIC Series 2013-2, Class QF(a) (1M USD LIBOR + 0.500%) | ||||||||||||
115,960 | 0.592 | 02/25/43 | 117,229 | |||||||||
FNMA REMIC Series 2014-17, Class FE(a) (1M USD LIBOR + 0.550%) | ||||||||||||
1,405,692 | 0.642 | 04/25/44 | 1,421,497 | |||||||||
FNMA REMIC Series 2014-28, Class FD(a) (1M USD LIBOR + 0.450%) | ||||||||||||
4,023,725 | 0.542 | 05/25/44 | 4,050,095 | |||||||||
FNMA REMIC Series 2014-47, Class AF(a) (1M USD LIBOR + 0.350%) | ||||||||||||
557,907 | 0.465 | 08/25/44 | 556,275 | |||||||||
FNMA REMIC Series 2015-27, Class KF(a) (1M USD LIBOR + 0.300%) | ||||||||||||
152,582 | 0.392 | 05/25/45 | 153,104 | |||||||||
FNMA REMIC Series 2015-87, Class BF(a) (1M USD LIBOR + 0.300%) | ||||||||||||
588,459 | 0.392 | 12/25/45 | 590,913 | |||||||||
FNMA REMIC Series 2016-49, Class EF(a) (1M USD LIBOR + 0.400%) | ||||||||||||
1,357,652 | 0.492 | 08/25/46 | 1,366,103 | |||||||||
FNMA REMIC Series 2017-16, Class FA(a) (1M USD LIBOR + 0.450%) | ||||||||||||
1,147,658 | 0.542 | 03/25/47 | 1,155,020 | |||||||||
FNMA REMIC Series 2017-91, Class GF(a) (1M USD LIBOR + 0.350%) | ||||||||||||
2,826,191 | 0.442 | 11/25/47 | 2,841,163 | |||||||||
FNMA REMIC Series 2018-15, Class JF(a) (1M USD LIBOR + 0.300%) | ||||||||||||
1,555,723 | 0.392 | 03/25/48 | 1,561,522 | |||||||||
FNMA REMIC Series 2018-3385, Class MA | ||||||||||||
1,933,857 | 4.500 | 06/01/48 | 2,085,281 | |||||||||
FNMA REMIC Series 2019-41, Class FM(a) (1M USD LIBOR + 0.450%) | ||||||||||||
2,364,060 | 0.542 | 08/25/49 | 2,373,578 | |||||||||
FNMA REMIC Series 2019-6, Class KF(a) (1M USD LIBOR + 0.450%) | ||||||||||||
3,356,577 | 0.542 | 03/25/49 | 3,380,076 | |||||||||
GNMA Series 2004-59, Class FP(a) (1M USD LIBOR + 0.300%) | ||||||||||||
588,051 | 0.401 | 08/16/34 | 590,530 | |||||||||
GNMA Series 2005-4, Class FA(a) (1M USD LIBOR + 0.370%) | ||||||||||||
545,270 | 0.471 | 01/16/35 | 548,171 | |||||||||
GNMA Series 2007-59, Class FA(a) (1M USD LIBOR + 0.500%) | ||||||||||||
168,506 | 0.599 | 10/20/37 | 170,763 | |||||||||
GNMA Series 2013-99, Class PF(a) (1M USD LIBOR + 0.300%) | ||||||||||||
2,416,606 | 0.399 | 07/20/43 | 2,426,369 | |||||||||
GNMA Series 2019-110, Class F(a) (1M USD LIBOR + 0.450%) | ||||||||||||
3,268,113 | 0.549 | 09/20/49 | 3,284,053 | |||||||||
GNMA Series 2019-56, Class FB(a) (1M USD LIBOR + 0.450%) | ||||||||||||
3,478,612 | 0.549 | 05/20/49 | 3,514,250 | |||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Mortgage-Backed Securities – (continued) | ||||||||||||
GNMA Series 2019-58, Class FA(a) (1M USD LIBOR + 0.400%) | ||||||||||||
$ | 2,026,681 | 0.499 | % | 05/20/49 | $ 2,034,905 | |||||||
JP Morgan Chase Commercial Mortgage Securities Trust Series 2016-JP2, Class ASB | ||||||||||||
650,000 | 2.713 | 08/15/49 | 678,112 | |||||||||
JPMBB Commercial Mortgage Securities Trust Series 2015-C31, Class ASB | ||||||||||||
623,238 | 3.540 | 08/15/48 | 661,103 | |||||||||
Morgan Stanley Bank of America Merrill Lynch Trust Series 2013-C7, Class A3 | ||||||||||||
265,842 | 2.655 | 02/15/46 | 270,510 | |||||||||
Wells Fargo Commercial Mortgage Trust Series 2013-LC12, Class A4(a) | ||||||||||||
700,000 | 4.218 | 07/15/46 | 742,492 | |||||||||
WFRBS Commercial Mortgage Trust Series 2012-C10, Class A3 | ||||||||||||
537,000 | 2.875 | 12/15/45 | 550,592 | |||||||||
| ||||||||||||
TOTAL MORTGAGE-BACKED SECURITIES | ||||||||||||
(Cost $82,342,169) | $82,615,448 | |||||||||||
| ||||||||||||
Asset- Backed Securities – 24.0% | ||||||||||||
Access to Loans for Learning Student Loan Corp., Series 2010-I, Class A3(a) (3M USD LIBOR + 0.800%) | ||||||||||||
$ | 862,847 | 0.970 | % | 04/25/37 | $ 871,728 | |||||||
Access to Loans for Learning Student Loan Corp., Series 2012-1, Class A(a) (1M USD LIBOR + 0.700%) | ||||||||||||
25,834 | 0.792 | 07/25/36 | 25,752 | |||||||||
American Express Credit Account Master Trust, Series 2017-2, Class A(a) (1M USD LIBOR + 0.450%) | ||||||||||||
135,000 | 0.551 | 09/16/24 | 135,423 | |||||||||
American Express Credit Account Master Trust, Series 2019-3, Class A | ||||||||||||
1,070,000 | 2.000 | 04/15/25 | 1,095,257 | |||||||||
Anchorage Capital CLO 4-R Ltd., Series 2018-4RA, Class A(a)(b) (3M USD LIBOR + 1.050%) (Cayman Islands) | ||||||||||||
1,000,000 | 1.234 | 01/28/31 | 1,000,293 | |||||||||
Atlas Senior Loan Fund III Ltd., Series 2013-1A, Class AR(a)(b) (3M USD LIBOR + 0.830%) (Cayman Islands) | ||||||||||||
142,151 | 0.986 | 11/17/27 | 142,163 | |||||||||
Atrium XII, Series 2017-12A, Class AR(a)(b) (3M USD LIBOR + 0.830%) (Cayman Islands) | ||||||||||||
239,998 | 1.014 | 04/22/27 | 239,844 | |||||||||
BA Credit Card Trust, Series 2018-A3, Class A3 | ||||||||||||
500,000 | 3.100 | 12/15/23 | 501,764 | |||||||||
BA Credit Card Trust, Series 2021-A1, Class A1 | ||||||||||||
500,000 | 0.440 | 09/15/26 | 500,815 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Asset- Backed Securities – (continued) | ||||||||||||
Barings CLO Ltd., Series 2018-3A, Class A1(a)(b) (3M USD LIBOR + 0.950%) (Cayman Islands) | ||||||||||||
$ | 500,000 | 1.138 | % | 07/20/29 | $ 499,545 | |||||||
BlueMountain CLO Ltd., Series 2017-2A, Class A1R(a)(b) (3M USD LIBOR + 1.180%) (Cayman Islands) | ||||||||||||
980,386 | 1.364 | 10/22/30 | 980,844 | |||||||||
BlueMountain CLO Ltd., Series 2018-2A, Class A1R(a)(b) (3M USD LIBOR + 0.930%) (Cayman Islands) | ||||||||||||
482,719 | 1.120 | 07/18/27 | 482,832 | |||||||||
Brazos Higher Education Authority, Inc., Series 2005-3, Class A16(a) (3M USD LIBOR + 0.200%) | ||||||||||||
18,402 | 0.401 | 06/25/26 | 18,398 | |||||||||
Brazos Higher Education Authority, Inc., Series 2006-2, Class A10(a) (3M USD LIBOR + 0.120%) | ||||||||||||
964,854 | 0.321 | 06/25/26 | 963,136 | |||||||||
Brazos Higher Education Authority, Inc., Series 2010-1, Class A1(a) (3M USD LIBOR + 0.900%) | ||||||||||||
61,487 | 1.047 | 05/25/29 | 61,508 | |||||||||
Brazos Higher Education Authority, Inc., Series 2011-1, Class A2(a) (3M USD LIBOR + 0.800%) | ||||||||||||
932,260 | 0.947 | 02/25/30 | 934,868 | |||||||||
Brazos Higher Education Authority, Inc., Series 2011-2, Class A2(a) (3M USD LIBOR + 0.850%) | ||||||||||||
64,635 | 1.026 | 07/25/29 | 64,820 | |||||||||
BX, Series 2021-MFM1, Class A(a)(b) (1M USD LIBOR + 0.700%) | ||||||||||||
100,000 | 0.801 | 01/15/34 | 100,000 | |||||||||
Capital One Multi-Asset Execution Trust, Series 2016-A7, Class A7(a) (1M USD LIBOR + 0.510%) | ||||||||||||
300,000 | 0.611 | 09/16/24 | 300,688 | |||||||||
CARDS II Trust, Series 2021-1A, Class A(b) (Canada) | ||||||||||||
1,125,000 | 0.602 | 04/15/27 | 1,125,146 | |||||||||
Carlyle US CLO 2017-2 Ltd., Series 2021-2A, Class A1R(a)(b) (3M USD LIBOR + 1.050%) (Cayman Islands) | ||||||||||||
2,000,000 | 1.238 | 07/20/31 | 2,000,142 | |||||||||
Chase Issuance Trust, Series 2020-A1, Class A1 | ||||||||||||
400,000 | 1.530 | 01/15/25 | 408,465 | |||||||||
CIFC Funding Ltd., Series 2017-3A, Class A1(a)(b) (3M USD LIBOR + 1.220%) (Cayman Islands) | ||||||||||||
2,350,000 | 1.408 | 07/20/30 | 2,351,175 | |||||||||
CIFC Funding Ltd., Series 2021-2A, Class AR(a)(b) (3M USD LIBOR + 0.950%) (Cayman Islands) | ||||||||||||
500,000 | – | 04/20/30 | 500,052 | |||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Asset- Backed Securities – (continued) | ||||||||||||
Citigroup Commercial Mortgage Trust, Series 2014-GC19, Class A4 | ||||||||||||
$ | 500,000 | 4.023 | % | 03/10/47 | $ 538,680 | |||||||
COMM Mortgage Trust, Series 2013-CR12, Class A4 | ||||||||||||
800,000 | 4.046 | 10/10/46 | 859,581 | |||||||||
COMM Mortgage Trust, Series 2013-CR7, Class A4 | ||||||||||||
427,573 | 3.213 | 03/10/46 | 442,229 | |||||||||
COMM Mortgage Trust, Series 2013-CR8, Class A5(a) | ||||||||||||
700,000 | 3.612 | 06/10/46 | 738,460 | |||||||||
COMM Mortgage Trust, Series 2013-CR9, Class A4(a) | ||||||||||||
322,746 | 4.247 | 07/10/45 | 343,349 | |||||||||
COMM Mortgage Trust, Series 2015-CR24, Class ASB | ||||||||||||
460,864 | 3.445 | 08/10/48 | 486,476 | |||||||||
COMM Mortgage Trust, Series 2021-LBA, Class A(a)(b) (1M USD LIBOR + 0.690%) | ||||||||||||
900,000 | 0.791 | 03/15/38 | 900,000 | |||||||||
DBJPM Mortgage Trust, Series 2016-C3, Class ASB | ||||||||||||
365,000 | 2.756 | 08/10/49 | 382,269 | |||||||||
Discover Card Execution Note Trust, Series 2017-A7, Class A7(a) (1M USD LIBOR + 0.360%) | ||||||||||||
150,000 | 0.461 | 04/15/25 | 150,661 | |||||||||
Dryden XXV Senior Loan Fund, Series 2012-25A, Class ARR(a)(b) (3M USD LIBOR + 0.900%) (Cayman Islands) | ||||||||||||
220,542 | 1.084 | 10/15/27 | 220,563 | |||||||||
Dryden XXVI Senior Loan Fund, Series 2013-26A, Class AR(a)(b) (3M USD LIBOR + 0.900%) (Cayman Islands) | ||||||||||||
250,000 | 1.084 | 04/15/29 | 249,437 | |||||||||
Edsouth Indenture No 10 LLC, Series 2015-2, Class A(a)(b) (1M USD LIBOR + 1.000%) | ||||||||||||
159,796 | 1.092 | 12/25/56 | 161,208 | |||||||||
Edsouth Indenture No 2 LLC, Series 2012-1, Class A1(a)(b) (1M USD LIBOR + 1.150%) | ||||||||||||
232,233 | 1.242 | 09/25/40 | 232,883 | |||||||||
Edsouth Indenture No 3 LLC, Series 2012-2, Class A(a)(b) (1M USD LIBOR + 0.730%) | ||||||||||||
47,628 | 0.822 | 04/25/39 | 47,341 | |||||||||
Educational Funding of the South, Inc., Series 2011-1, Class A2(a) (3M USD LIBOR + 0.650%) | ||||||||||||
1,246,412 | 0.826 | 04/25/35 | 1,246,413 | |||||||||
EFS Volunteer LLC, Series 2010-1, Class A2(a)(b) (3M USD LIBOR + 0.850%) | ||||||||||||
915,527 | 1.026 | 10/25/35 | 915,386 | |||||||||
Ford Credit Auto Owner Trust, Series 2017-1, Class A(b) | ||||||||||||
1,450,000 | 2.620 | 08/15/28 | 1,475,321 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Asset- Backed Securities – (continued) | ||||||||||||
Ford Credit Auto Owner Trust, Series 2018-2, Class A(b) | ||||||||||||
$ | 1,500,000 | 3.470 | % | 01/15/30 | $ 1,598,321 | |||||||
Ford Credit Floorplan Master Owner Trust A, Series 2018-2, Class A | ||||||||||||
1,000,000 | 3.170 | 03/15/25 | 1,050,984 | |||||||||
Gallatin CLO VIII Ltd., Series 2017-1A, Class A(a)(b) (3M USD LIBOR + 1.300%) (Cayman Islands) | ||||||||||||
494,601 | 1.484 | 07/15/27 | 494,783 | |||||||||
GCO Education Loan Funding Trust, Series 2006-1, Class A10L(a) (3M USD LIBOR + 0.190%) | ||||||||||||
453,265 | 0.337 | 02/27/28 | 450,486 | |||||||||
GMF Floorplan Owner Revolving Trust, Series 2020-2, Class A(b) | ||||||||||||
1,000,000 | 0.690 | 10/15/25 | 1,007,147 | |||||||||
Goal Capital Funding Trust, Series 2010-1, Class A(a)(b) (3M USD LIBOR + 0.700%) | ||||||||||||
336,388 | 0.847 | 08/25/48 | 339,081 | |||||||||
Great Wolf Trust, Series 2019-WOLF, Class A(a)(b) (1M USD LIBOR + 1.034%) | ||||||||||||
750,000 | 1.135 | 12/15/36 | 750,234 | |||||||||
GS Mortgage Securities Corp Trust, Series 2019-SOHO, Class A(a)(b) (1M USD LIBOR + 0.900%) | ||||||||||||
780,000 | 1.001 | 06/15/36 | 780,001 | |||||||||
HalseyPoint CLO 3 Ltd., Series 2020-3A, Class A1A(a)(b) (3M USD LIBOR + 1.450%) (Cayman Islands) | ||||||||||||
500,000 | 1.636 | 11/30/32 | 502,069 | |||||||||
Hayfin US Ltd., Series 2018-8A, Class A(a)(b) (3M USD LIBOR + 1.120%) (Cayman Islands) | ||||||||||||
3,000,000 | 1.308 | 04/20/31 | 2,993,673 | |||||||||
Higher Education Funding I, Series 2014-1, Class A(a)(b) (3M USD LIBOR + 1.050%) | ||||||||||||
1,493,615 | 1.197 | 05/25/34 | 1,501,254 | |||||||||
Honda Auto Receivables Owner Trust, Series 2019-4, Class A3 | ||||||||||||
1,000,000 | 1.830 | 01/18/24 | 1,013,725 | |||||||||
ICG US CLO Ltd., Series 2018-1A, Class A1R(a)(b) (3M USD LIBOR + 1.140%) (Cayman Islands) | ||||||||||||
952,507 | 1.330 | 10/19/28 | 952,586 | |||||||||
Jamestown CLO IX Ltd., Series 2016-9A, Class A1AR(a)(b) (3M USD LIBOR + 1.170%) (Cayman Islands) | ||||||||||||
792,006 | 1.358 | 10/20/28 | 792,073 | |||||||||
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-C10, Class ASB | ||||||||||||
744,074 | 2.702 | 12/15/47 | 757,955 | |||||||||
JPMBB Commercial Mortgage Securities Trust, Series 2014-C18, Class ASB | ||||||||||||
505,443 | 3.566 | 02/15/47 | 522,701 | |||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Asset- Backed Securities – (continued) | ||||||||||||
KKR Industrial Portfolio Trust, Series 2021-KDIP, Class A(a)(b) (1M USD LIBOR + 0.550%) | ||||||||||||
$ | 1,440,000 | 0.651 | % | 12/15/37 | $ 1,439,106 | |||||||
KnowledgeWorks Foundation, Series 2010-1, Class A(a) (3M USD LIBOR + 0.950%) | ||||||||||||
343,916 | 1.097 | 02/25/42 | 342,056 | |||||||||
LCM LP, Series 2021-15A, Class AR2(a)(b) (3M USD LIBOR + 1.000%) (Cayman Islands) | ||||||||||||
2,300,000 | 1.188 | 07/20/30 | 2,300,163 | |||||||||
LCM XX LP, Series 2018-20A, Class AR(a)(b) (3M USD LIBOR + 1.040%) (Cayman Islands) | ||||||||||||
1,381,032 | 1.228 | 10/20/27 | 1,381,516 | |||||||||
Madison Park Funding XI Ltd., Series 2017-11A, Class X(a)(b) (3M USD LIBOR + 0.900%) (Cayman Islands) | ||||||||||||
14,063 | 1.073 | 07/23/29 | 14,067 | |||||||||
Navient Student Loan Trust, Series 2016-6A, Class A2(a)(b) (1M USD LIBOR + 0.750%) | ||||||||||||
528,896 | 0.842 | 03/25/66 | 529,489 | |||||||||
Nelnet Student Loan Trust, Series 2014-2A, Class A2(a)(b) (1M USD LIBOR + 0.600%) | ||||||||||||
547,799 | 0.692 | 03/25/30 | 551,415 | |||||||||
Nelnet Student Loan Trust, Series 2014-4A, Class A1(a)(b) (1M USD LIBOR + 0.540%) | ||||||||||||
652,176 | 0.632 | 11/27/39 | 655,958 | |||||||||
Nelnet Student Loan Trust, Series 2016-1A, Class A(a)(b) (1M USD LIBOR + 0.800%) | ||||||||||||
568,903 | 0.892 | 09/25/65 | 568,197 | |||||||||
Neuberger Berman CLO XX Ltd., Series 2017-20A, Class AR(a)(b) (3M USD LIBOR + 0.800%) (Cayman Islands) | ||||||||||||
162,334 | 0.984 | 01/15/28 | 162,349 | |||||||||
Niagara Park CLO Ltd., Series 2019-1A, Class A(a)(b) (3M USD LIBOR + 1.300%) (Cayman Islands) | ||||||||||||
500,000 | 1.490 | 07/17/32 | 500,078 | |||||||||
Nissan Auto Lease Trust, Series 2020-A, Class A3 | ||||||||||||
165,000 | 1.840 | 01/17/23 | 166,491 | |||||||||
Northstar Education Finance, Inc., Series 2012-1, Class A(a)(b) (1M USD LIBOR + 0.700%) | ||||||||||||
137,493 | 0.792 | 12/26/31 | 138,147 | |||||||||
NorthStar Student Loan Trust III, Series 2016-1, Class A(a)(b) (1M USD LIBOR + 1.250%) | ||||||||||||
2,386,493 | 1.342 | 05/27/36 | 2,404,421 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Asset- Backed Securities – (continued) | ||||||||||||
ONE PARK Mortgage Trust, Series 2021-PARK, Class A(a)(b) (1M USD LIBOR + 0.700%) | ||||||||||||
$ | 908,000 | 0.801 | % | 03/15/36 | $ 906,865 | |||||||
OZLM Ltd., Series 2017-11A, Class A1R(a)(b) (3M USD LIBOR + 1.250%) (Cayman Islands) | ||||||||||||
247,297 | 1.436 | 10/30/30 | 247,510 | |||||||||
Pennsylvania Higher Education Assistance Agency, Series 2009-1, Class A1(a) (3M USD LIBOR + 0.900%) | ||||||||||||
115,680 | 1.076 | 07/25/29 | 115,756 | |||||||||
Rhode Island Student Loan Authority, Series 2012-1, Class A1(a) (1M USD LIBOR + 0.900%) | ||||||||||||
1,108,795 | 0.992 | 07/01/31 | 1,113,123 | |||||||||
Rhode Island Student Loan Authority, Series 2014-1, Class A1(a) (1M USD LIBOR + 0.700%) | ||||||||||||
193,695 | 0.792 | 10/02/28 | 193,880 | |||||||||
Shackleton 2015-VIII CLO Ltd., Series 2017-8A, Class A2R(a)(b) (3M USD LIBOR + 0.920%) (Cayman Islands) | ||||||||||||
390,867 | 1.108 | 10/20/27 | 390,901 | |||||||||
SLC Student Loan Trust, Series 2005-3, Class A3(a) (3M USD LIBOR + 0.120%) | ||||||||||||
893,601 | 0.304 | 06/15/29 | 888,846 | |||||||||
SLC Student Loan Trust, Series 2005-5, Class A4(a) (3M USD LIBOR + 0.140%) | ||||||||||||
930,861 | 0.316 | 10/25/28 | 925,900 | |||||||||
SLC Student Loan Trust, Series 2007-1, Class A4(a) (3M USD LIBOR + 0.060%) | ||||||||||||
1,893,080 | 0.216 | 05/15/29 | 1,873,821 | |||||||||
SLC Student Loan Trust, Series 2010-1, Class A(a) (3M USD LIBOR + 0.875%) | ||||||||||||
429,363 | 1.022 | 11/25/42 | 429,775 | |||||||||
SLM Student Loan Trust, Series 2003-11, Class A6(a)(b) (3M USD LIBOR + 0.550%) | ||||||||||||
135,145 | 0.734 | 12/15/25 | 135,075 | |||||||||
SLM Student Loan Trust, Series 2003-14, Class A6(a) (3M USD LIBOR + 0.300%) | ||||||||||||
218,869 | 0.476 | 07/25/25 | 217,722 | |||||||||
SLM Student Loan Trust, Series 2004-1, Class A4(a) (3M USD LIBOR + 0.260%) | ||||||||||||
272,097 | 0.436 | 10/27/25 | 270,696 | |||||||||
SLM Student Loan Trust, Series 2005-7, Class A4(a) (3M USD LIBOR + 0.150%) | ||||||||||||
272,097 | 0.326 | 10/25/29 | 269,705 | |||||||||
SLM Student Loan Trust, Series 2018-10, Class A7B(a)(b) (3M USD LIBOR + 0.600%) | ||||||||||||
168,005 | 0.776 | 10/25/29 | 167,275 | |||||||||
South Carolina Student Loan Corp., Series 2014-1, Class A1(a) (1M USD LIBOR + 0.750%) | ||||||||||||
339,654 | 0.860 | 05/01/30 | 339,951 | |||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Asset- Backed Securities – (continued) | ||||||||||||
Toyota Auto Receivables Owner Trust, Series 2017-C, Class A4 | ||||||||||||
$ | 128,311 | 1.980 | % | 12/15/22 | $ 128,649 | |||||||
Tralee CLO II Ltd., Series 2017-1A, Class AR(a)(b) (3M USD LIBOR + 1.320%) (Cayman Islands) | ||||||||||||
610,316 | 1.508 | 07/20/29 | 608,908 | |||||||||
Trimaran Cavu 2021-1 Ltd., Series 2021-1A, Class A(a)(b) (3M USD LIBOR + 1.210%) (Cayman Islands) | ||||||||||||
1,000,000 | 1.339 | 04/23/32 | 999,743 | |||||||||
UBS-Barclays Commercial Mortgage Trust, Series 2013-C5, Class AAB | ||||||||||||
238,017 | 2.687 | 03/10/46 | 242,240 | |||||||||
Utah State Board of Regents, Series 2016-1, Class A(a) (1M USD LIBOR + 0.750%) | ||||||||||||
172,400 | 0.842 | 09/25/56 | 170,938 | |||||||||
Voya CLO 2019-2 Ltd., Series 2019-2A, Class A(a)(b) (3M USD LIBOR + 1.270%) (Cayman Islands) | ||||||||||||
700,000 | 1.458 | 07/20/32 | 700,069 | |||||||||
Voya CLO Ltd., Series 2015-1A, Class A1R(a)(b) (3M USD LIBOR + 0.900%) (Cayman Islands) | ||||||||||||
283,199 | 1.090 | 01/18/29 | 283,199 | |||||||||
Wellfleet CLO Ltd., Series 2019-1A, Class AR3(a)(b) (3M USD LIBOR + 1.280%) (Cayman Islands) | ||||||||||||
983,893 | 1.468 | 07/20/29 | 983,948 | |||||||||
Wells Fargo Commercial Mortgage Trust 2015-C31, Series 2015-C31, Class ASB | ||||||||||||
124,672 | 3.487 | 11/15/48 | 132,118 | |||||||||
Zais CLO Ltd., Series 2020-15A, Class A1(a)(b) (3M USD LIBOR + 2.555%) (Cayman Islands) | ||||||||||||
1,000,000 | 2.739 | 07/28/30 | 1,001,877 | |||||||||
| ||||||||||||
TOTAL ASSET- BACKED SECURITIES (Cost $64,955,394) | $65,093,931 | |||||||||||
| ||||||||||||
Corporate Obligations - 21.0% | ||||||||||||
Aerospace & Defense - 0.2% | ||||||||||||
Raytheon Technologies Corp.(b) | ||||||||||||
$ | 500,000 | 2.500 | % | 12/15/22 | $ 514,266 | |||||||
| ||||||||||||
Banks - 5.7% | ||||||||||||
Bank of America Corp.(a), MTN | ||||||||||||
(BSBY3M + 0.430%) | ||||||||||||
2,000,000 | 0.536 | 05/28/24 | 2,001,680 | |||||||||
BBVA USA | ||||||||||||
1,000,000 | 2.875 | 06/29/22 | 1,025,565 | |||||||||
Capital One NA | ||||||||||||
705,000 | 2.950 | 07/23/21 | 706,374 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Charles Schwab Corp. (The)(a) | ||||||||||||
(SOFR + 0.500%) | ||||||||||||
$ | 1,000,000 | 0.510 | % | 03/18/24 | $1,008,236 | |||||||
Citigroup, Inc. | ||||||||||||
(SOFR + 0.870%) | ||||||||||||
740,000 | 0.880 | (a) | 11/04/22 | 741,790 | ||||||||
(SOFR + 0.867%) | ||||||||||||
935,000 | 2.312 | (a) | 11/04/22 | 942,847 | ||||||||
(3M USD LIBOR + 0.722%) | ||||||||||||
709,000 | 3.142 | (a) | 01/24/23 | 721,808 | ||||||||
Citizens Financial Group, Inc. | ||||||||||||
701,000 | 2.375 | 07/28/21 | 702,094 | |||||||||
Discover Bank | ||||||||||||
550,000 | 3.200 | 08/09/21 | 551,642 | |||||||||
Fifth Third Bancorp | ||||||||||||
600,000 | 2.600 | 06/15/22 | 613,290 | |||||||||
Fifth Third Bank NA(a) | ||||||||||||
(3M USD LIBOR + 0.640%) | ||||||||||||
500,000 | 0.816 | 02/01/22 | 501,934 | |||||||||
JPMorgan Chase & Co.(a) | ||||||||||||
(3M USD LIBOR + 0.610%) | ||||||||||||
1,744,000 | 3.514 | 06/18/22 | 1,746,570 | |||||||||
Morgan Stanley(a) | ||||||||||||
(SOFR + 0.830%) | ||||||||||||
350,000 | 0.840 | 06/10/22 | 349,990 | |||||||||
Morgan Stanley(a), GMTN | ||||||||||||
(SOFR + 0.700%) | ||||||||||||
1,200,000 | 0.710 | 01/20/23 | 1,203,145 | |||||||||
MUFG Union Bank NA | ||||||||||||
300,000 | 3.150 | 04/01/22 | 306,676 | |||||||||
500,000 | 2.100 | 12/09/22 | 513,232 | |||||||||
Wells Fargo Bank NA | ||||||||||||
(3M USD LIBOR + 0.510%) | ||||||||||||
750,000 | 0.694 | (a) | 10/22/21 | 751,121 | ||||||||
(3M USD LIBOR + 0.650%) | ||||||||||||
1,171,000 | 2.082 | (a) | 09/09/22 | 1,176,803 | ||||||||
| ||||||||||||
15,564,797 | ||||||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Brokerage - 0.8% | ||||||||||||
Intercontinental Exchange, Inc. | ||||||||||||
$ | 1,000,000 | 0.700 | % | 06/15/23 | $ 1,006,919 | |||||||
(3M USD LIBOR + 0.650%) | ||||||||||||
1,200,000 | 0.834 | (a) | 06/15/23 | 1,200,656 | ||||||||
| ||||||||||||
2,207,575 | ||||||||||||
| ||||||||||||
Capital Goods - 0.2% | ||||||||||||
Roper Technologies, Inc. | ||||||||||||
450,000 | 3.125 | 11/15/22 | 465,007 | |||||||||
| ||||||||||||
Communications - 0.2% | ||||||||||||
Moody’s Corp. | ||||||||||||
400,000 | 4.500 | 09/01/22 | 415,842 | |||||||||
| ||||||||||||
Consumer Cyclical - 0.6% | ||||||||||||
7-Eleven, Inc. | ||||||||||||
(3M USD LIBOR + 0.450%) | ||||||||||||
650,000 | 0.612 | (a)(b) | 08/10/22 | 650,403 | ||||||||
591,000 | 0.625 | (b) | 02/10/23 | 591,696 | ||||||||
Ralph Lauren Corp. | ||||||||||||
400,000 | 1.700 | 06/15/22 | 405,881 | |||||||||
| ||||||||||||
1,647,980 | ||||||||||||
| ||||||||||||
Consumer Noncyclical - 1.2% | ||||||||||||
AbbVie, Inc. | ||||||||||||
(3M USD LIBOR + 0.460%) | ||||||||||||
325,000 | 0.610 | (a) | 11/19/21 | 325,499 | ||||||||
700,000 | 3.250 | 10/01/22 | 721,934 | |||||||||
1,500,000 | 3.200 | 11/06/22 | 1,554,928 | |||||||||
Gilead Sciences, Inc.(a) | ||||||||||||
(3M USD LIBOR + 0.520%) | ||||||||||||
750,000 | 0.713 | 09/29/23 | 750,693 | |||||||||
| ||||||||||||
3,353,054 | ||||||||||||
| ||||||||||||
Consumer Products - 0.2% | ||||||||||||
Clorox Co. (The) | ||||||||||||
500,000 | 3.800 | 11/15/21 | 508,003 | |||||||||
| ||||||||||||
Electric - 4.0% | ||||||||||||
American Electric Power Co., Inc.(a), Series A | ||||||||||||
(3M USD LIBOR + 0.480%) | ||||||||||||
625,000 | 0.656 | 11/01/23 | 626,810 | |||||||||
Atmos Energy Corp. | ||||||||||||
(3M USD LIBOR + 0.380%) | ||||||||||||
747,000 | 0.565 | (a) | 03/09/23 | 747,378 | ||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Electric – (continued) | ||||||||||||
Atmos Energy Corp. – (continued) | ||||||||||||
$ | 423,000 | 0.625 | % | 03/09/23 | $ 423,321 | |||||||
CenterPoint Energy Resources Corp. | ||||||||||||
(3M USD LIBOR + 0.500%) | ||||||||||||
1,250,000 | 0.629 | (a) | 03/02/23 | 1,250,188 | ||||||||
900,000 | 0.700 | 03/02/23 | 900,504 | |||||||||
CenterPoint Energy, Inc.(a) | ||||||||||||
(SOFR + 0.650%) | ||||||||||||
881,000 | 0.660 | 05/13/24 | 881,839 | |||||||||
Duke Energy Progress LLC(a), Series A | ||||||||||||
(3M USD LIBOR + 0.180%) | ||||||||||||
459,000 | 0.335 | 02/18/22 | 459,155 | |||||||||
Entergy Corp. | ||||||||||||
580,000 | 4.000 | 07/15/22 | 600,060 | |||||||||
Florida Power & Light Co.(a) | ||||||||||||
(3M USD LIBOR + 0.380%) | ||||||||||||
250,000 | 0.564 | 07/28/23 | 250,033 | |||||||||
Nextera Energy Capital Holdings, Inc.(a) | ||||||||||||
(SOFR + 0.540%) | ||||||||||||
500,000 | 0.550 | 03/01/23 | 501,601 | |||||||||
NextEra Energy Capital Holdings, Inc.(a) | ||||||||||||
(3M USD LIBOR + 0.270%) | ||||||||||||
1,245,000 | 0.420 | 02/22/23 | 1,245,328 | |||||||||
OGE Energy Corp. | ||||||||||||
226,000 | 0.703 | 05/26/23 | 226,074 | |||||||||
Oklahoma Gas and Electric Co. | ||||||||||||
522,000 | 0.553 | 05/26/23 | 522,214 | |||||||||
PPL Capital Funding, Inc. | ||||||||||||
500,000 | 3.500 | 12/01/22 | 519,214 | |||||||||
Southern Co. (The) | ||||||||||||
1,500,000 | 2.950 | 07/01/23 | 1,569,753 | |||||||||
| ||||||||||||
10,723,472 | ||||||||||||
| ||||||||||||
Energy - 0.7% | ||||||||||||
Baker Hughes a GE Co. LLC / Baker Hughes Co.-Obligor, Inc. | ||||||||||||
500,000 | 2.773 | 12/15/22 | 518,369 | |||||||||
Kinder Morgan Energy Partners LP | ||||||||||||
465,000 | 5.000 | 10/01/21 | 466,708 | |||||||||
MPLX LP | ||||||||||||
500,000 | 3.500 | 12/01/22 | 520,748 | |||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Energy – (continued) | ||||||||||||
Pioneer Natural Resources Co. | ||||||||||||
$ | 436,000 | 0.550 | % | 05/15/23 | $ 437,478 | |||||||
| ||||||||||||
1,943,303 | ||||||||||||
| ||||||||||||
Financial Company - 0.8% | ||||||||||||
Air Lease Corp. | ||||||||||||
500,000 | 3.375 | 06/01/21 | 500,000 | |||||||||
750,000 | 3.500 | 01/15/22 | 764,223 | |||||||||
350,000 | 2.625 | 07/01/22 | 357,498 | |||||||||
500,000 | 3.875 | 07/03/23 | 531,350 | |||||||||
| ||||||||||||
2,153,071 | ||||||||||||
| ||||||||||||
Healthcare - 0.9% | ||||||||||||
AmerisourceBergen Corp. | ||||||||||||
1,040,000 | 0.737 | 03/15/23 | 1,043,506 | |||||||||
Cigna Corp. | ||||||||||||
1,250,000 | 3.050 | 11/30/22 | 1,297,844 | |||||||||
| ||||||||||||
2,341,350 | ||||||||||||
| ||||||||||||
Insurance - 2.7% | ||||||||||||
AIG Global Funding(a)(b) | ||||||||||||
(SOFR + 0.380%) | ||||||||||||
752,000 | 0.390 | 12/15/23 | 753,386 | |||||||||
Athene Global Funding(a)(b) | ||||||||||||
(3M USD LIBOR + 0.730%) | ||||||||||||
1,500,000 | 0.927 | 01/08/24 | 1,505,735 | |||||||||
Equitable Financial Life Global Funding(b) | ||||||||||||
1,126,000 | 0.500 | 04/06/23 | 1,129,220 | |||||||||
Guardian Life Global Funding(b) | ||||||||||||
575,000 | 2.500 | 05/08/22 | 587,241 | |||||||||
Jackson National Life Global Funding(a)(b) | ||||||||||||
(SOFR + 0.600%) | ||||||||||||
1,300,000 | 0.610 | 01/06/23 | 1,305,347 | |||||||||
Markel Corp. | ||||||||||||
600,000 | 4.900 | 07/01/22 | 627,867 | |||||||||
Principal Life Global Funding II(a)(b) | ||||||||||||
(SOFR + 0.450%) | ||||||||||||
353,000 | 0.460 | 04/12/24 | 353,511 | |||||||||
Protective Life Global Funding | ||||||||||||
(3M USD LIBOR + 0.520%) | ||||||||||||
345,000 | 0.713 | (a)(b) | 06/28/21 | 345,149 | ||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Corporate Obligations – (continued) | ||||||||||||
Insurance – (continued) | ||||||||||||
Protective Life Global Funding – (continued) | ||||||||||||
$ | 626,000 | 0.502 | %(b) | 04/12/23 | $ 627,510 | |||||||
| ||||||||||||
7,234,966 | ||||||||||||
| ||||||||||||
REITs and Real Estate - 0.5% | ||||||||||||
Public Storage(a) (SOFR + 0.470%) | ||||||||||||
1,385,000 | 0.480 | 04/23/24 | 1,386,312 | |||||||||
| ||||||||||||
Technology - 0.4% | ||||||||||||
Fidelity National Information Services, Inc. | ||||||||||||
800,000 | 0.375 | 03/01/23 | 799,461 | |||||||||
Hewlett Packard Enterprise Co. | ||||||||||||
400,000 | 4.400 | 10/15/22 | 418,898 | |||||||||
| ||||||||||||
1,218,359 | ||||||||||||
| ||||||||||||
Transportation - 0.9% | ||||||||||||
Penske Truck Leasing Co. LP / PTL Finance Corp.(b) | ||||||||||||
1,390,000 | 4.250 | 01/17/23 | 1,472,824 | |||||||||
Ryder System, Inc., MTN | ||||||||||||
1,000,000 | 3.750 | 06/09/23 | 1,062,305 | |||||||||
| ||||||||||||
2,535,129 | ||||||||||||
| ||||||||||||
Wireless - 1.0% | ||||||||||||
AT&T, Inc.(a) | ||||||||||||
(SOFR + 0.640%) | ||||||||||||
1,500,000 | 0.650 | 03/25/24 | 1,503,240 | |||||||||
Verizon Communications, Inc.(a) | ||||||||||||
(SOFR + 0.500%) | ||||||||||||
1,300,000 | 0.510 | 03/22/24 | 1,307,867 | |||||||||
| ||||||||||||
2,811,107 | ||||||||||||
| ||||||||||||
TOTAL CORPORATE OBLIGATIONS (Cost $56,997,662) | $ 57,023,593 | |||||||||||
| ||||||||||||
Foreign Corporate Debt - 18.6% | ||||||||||||
Aerospace & Defense - 0.2% | ||||||||||||
BAE Systems PLC(b) (United Kingdom) | ||||||||||||
$ | 410,000 | 4.750 | % | 10/11/21 | $ 416,355 | |||||||
Banks - 13.0% | ||||||||||||
Australia & New Zealand Banking Group Ltd. (Australia) | ||||||||||||
600,000 | 2.550 | 11/23/21 | 606,741 | |||||||||
Bank of Montreal(a), MTN (Canada) | ||||||||||||
(SOFR + 0.680%) | ||||||||||||
1,450,000 | 0.690 | 03/10/23 | 1,462,215 | |||||||||
Bank of Nova Scotia (The)(a) (Canada) | ||||||||||||
(SOFR + 0.550%) | ||||||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Bank of Nova Scotia (The)(a) (Canada) – (continued) | ||||||||||||
$ | 1,200,000 | 0.560 | % | 09/15/23 | $ 1,207,745 | |||||||
Banque Federative du Credit Mutuel SA(b) (France) | ||||||||||||
1,253,000 | 2.125 | 11/21/22 | 1,284,789 | |||||||||
Barclays PLC (United Kingdom) | ||||||||||||
1,000,000 | 3.684 | 01/10/23 | 1,019,687 | |||||||||
(3M USD LIBOR + 1.400%) | ||||||||||||
610,000 | 4.610 | (a) | 02/15/23 | 627,986 | ||||||||
BPCE SA(a), MTN (France) | ||||||||||||
(3M USD LIBOR + 0.880%) | ||||||||||||
250,000 | 1.015 | 05/31/22 | 251,882 | |||||||||
Canadian Imperial Bank of Commerce(a) (Canada) | ||||||||||||
(SOFR + 0.800%) | ||||||||||||
1,395,000 | 0.810 | 03/17/23 | 1,407,322 | |||||||||
Commonwealth Bank of Australia(b) (Australia) | ||||||||||||
900,000 | 2.750 | 03/10/22 | 917,448 | |||||||||
Cooperatieve Rabobank UA (Netherlands) | ||||||||||||
900,000 | 3.875 | 02/08/22 | 922,860 | |||||||||
Deutsche Bank NY (Germany) | ||||||||||||
976,000 | 0.720 | 11/08/21 | 978,050 | |||||||||
DNB Bank ASA(a)(b) (Norway) | ||||||||||||
(3M USD LIBOR + 0.620%) | ||||||||||||
850,000 | 0.751 | 12/02/22 | 856,634 | |||||||||
Federation des Caisses Desjardins du Quebec(a)(b) (Canada) | ||||||||||||
(SOFR + 0.430%) | ||||||||||||
1,500,000 | 0.440 | 05/21/24 | 1,501,992 | |||||||||
ING Groep NV (Netherlands) | ||||||||||||
(3M USD LIBOR + 1.150%) | ||||||||||||
200,000 | 1.343 | (a) | 03/29/22 | 201,687 | ||||||||
750,000 | 3.150 | 03/29/22 | 768,112 | |||||||||
Macquarie Bank Ltd.(b) (Australia) | ||||||||||||
400,000 | 2.100 | 10/17/22 | 410,015 | |||||||||
Mitsubishi UFJ Financial Group, Inc. (Japan) | ||||||||||||
(3M USD LIBOR + 1.060%) | ||||||||||||
400,000 | 1.244 | (a) | 09/13/21 | 401,167 | ||||||||
600,000 | 2.190 | 09/13/21 | 603,294 | |||||||||
Mizuho Bank Ltd.(b) (Japan) | ||||||||||||
1,175,000 | 2.950 | 10/17/22 | 1,217,805 | |||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
Mizuho Financial Group, Inc. (Japan) | ||||||||||||
(3M USD LIBOR + 1.140%) | ||||||||||||
$ | 410,000 | 1.324 | %(a) | 09/13/21 | $ 411,304 | |||||||
(3M USD LIBOR + 0.940%) | ||||||||||||
600,000 | 1.075 | (a) | 02/28/22 | 603,746 | ||||||||
MUFG Bank Ltd.(b) (Japan) | ||||||||||||
800,000 | 2.850 | 09/08/21 | 805,699 | |||||||||
National Australia Bank Ltd.(a)(b) (Australia) | ||||||||||||
(3M USD LIBOR + 0.890%) | ||||||||||||
250,000 | 1.078 | 01/10/22 | 251,317 | |||||||||
National Bank of Canada(a), MTN (Canada) | ||||||||||||
(SOFR + 0.300%) | ||||||||||||
2,000,000 | 0.310 | 05/16/23 | 1,999,969 | |||||||||
Nationwide Building Society(b) (United Kingdom) | ||||||||||||
3,000,000 | 2.000 | 01/27/23 | 3,081,324 | |||||||||
NatWest Markets PLC (United Kingdom) | ||||||||||||
1,500,000 | 3.625 | (b) | 09/29/22 | 1,566,128 | ||||||||
1,000,000 | 2.375 | (b) | 05/21/23 | 1,038,073 | ||||||||
Royal Bank of Canada(a), MTN (Canada) | ||||||||||||
(SOFR + 0.450%) | ||||||||||||
800,000 | 0.460 | 10/26/23 | 803,969 | |||||||||
Standard Chartered PLC(a)(b) (United Kingdom) | ||||||||||||
(SOFR + 1.250%) | ||||||||||||
1,750,000 | 1.260 | 10/14/23 | 1,766,355 | |||||||||
Sumitomo Mitsui Banking Corp.(b) (Japan) | ||||||||||||
500,000 | 3.950 | 01/12/22 | 511,036 | |||||||||
Sumitomo Mitsui Financial Group, Inc. (Japan) | ||||||||||||
(3M USD LIBOR + 1.110%) | ||||||||||||
246,000 | 1.296 | (a) | 07/14/21 | 246,317 | ||||||||
530,000 | 2.784 | 07/12/22 | 544,890 | |||||||||
(3M USD LIBOR + 0.740%) | ||||||||||||
1,020,000 | 0.930 | (a) | 01/17/23 | 1,028,670 | ||||||||
Toronto-Dominion Bank (The)(a), MTN (Canada) | ||||||||||||
(SOFR + 0.480%) | ||||||||||||
1,000,000 | 0.490 | 01/27/23 | 1,004,572 | |||||||||
UBS AG/London(a)(b) (Switzerland) | ||||||||||||
(SOFR + 0.360%) | ||||||||||||
1,750,000 | 0.370 | 02/09/24 | 1,752,573 | |||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Banks – (continued) | ||||||||||||
UBS Group AG(a)(b) (Switzerland) | ||||||||||||
(3M USD LIBOR + 1.530%) | ||||||||||||
$ | 836,000 | 1.706 | % | 02/01/22 | $ 844,061 | |||||||
Westpac Banking Corp.(a) (Australia) | ||||||||||||
(3M USD LIBOR + 0.850%) | ||||||||||||
350,000 | 1.000 | 08/19/21 | 350,629 | |||||||||
| ||||||||||||
35,258,063 | ||||||||||||
| ||||||||||||
Brokerage - 0.3% | ||||||||||||
Daiwa Securities Group, Inc.(b) (Japan) | ||||||||||||
894,000 | 3.129 | 04/19/22 | 914,517 | |||||||||
| ||||||||||||
Capital Goods - 0.2% | ||||||||||||
Siemens Financieringsmaatschappij NV(a)(b) (Germany) (SOFR + 0.430%) | ||||||||||||
620,000 | 0.440 | 03/11/24 | 623,409 | |||||||||
| ||||||||||||
Consumer Cyclical - 1.5% | ||||||||||||
BMW US Capital LLC(a)(b) (Germany) | ||||||||||||
(SOFR + 0.530%) | ||||||||||||
1,040,000 | 0.540 | 04/01/24 | 1,045,844 | |||||||||
Daimler Finance North America LLC(b) (Germany) | ||||||||||||
1,400,000 | 2.850 | 01/06/22 | 1,421,169 | |||||||||
Volkswagen Group of America Finance LLC(b) (Germany) | ||||||||||||
1,593,000 | 0.750 | 11/23/22 | 1,600,667 | |||||||||
| ||||||||||||
4,067,680 | ||||||||||||
| ||||||||||||
Consumer Noncyclical - 0.4% | ||||||||||||
BAT International Finance PLC(b) (United Kingdom) | ||||||||||||
430,000 | 3.250 | 06/07/22 | 441,591 | |||||||||
Bayer US Finance LLC(b) (Germany) | ||||||||||||
665,000 | 3.000 | 10/08/21 | 671,279 | |||||||||
| ||||||||||||
1,112,870 | ||||||||||||
| ||||||||||||
Consumer Products - 0.2% | ||||||||||||
Reckitt Benckiser Treasury Services PLC(b) (United Kingdom) | ||||||||||||
500,000 | 2.375 | 06/24/22 | 510,237 | |||||||||
| ||||||||||||
Energy - 0.5% | ||||||||||||
BP Capital Markets PLC (United Kingdom) | ||||||||||||
400,000 | 3.245 | 05/06/22 | 411,296 | |||||||||
Enbridge, Inc. (Canada) | ||||||||||||
(3M USD LIBOR + 0.500%) | ||||||||||||
550,000 | 0.655 | (a) | 02/18/22 | 551,084 | ||||||||
(SOFR + 0.400%) | ||||||||||||
401,000 | 0.410 | (a) | 02/17/23 | 401,598 | ||||||||
| ||||||||||||
1,363,978 | ||||||||||||
|
Principal Amount | Interest Rate | Maturity Date | Value | |||||||||
Foreign Corporate Debt – (continued) | ||||||||||||
Food and Beverage - 1.2% | ||||||||||||
Coca-Cola Europacific Partners PLC(b) (United Kingdom) | ||||||||||||
$ | 1,917,000 | 0.500 | % | 05/05/23 | $ 1,915,924 | |||||||
Danone SA(b) (France) | ||||||||||||
1,216,000 | 3.000 | 06/15/22 | 1,249,794 | |||||||||
| ||||||||||||
3,165,718 | ||||||||||||
| ||||||||||||
Internet - 0.2% | ||||||||||||
Alibaba Group Holding Ltd. (China) | ||||||||||||
500,000 | 3.125 | 11/28/21 | 504,226 | |||||||||
| ||||||||||||
Metals and Mining - 0.1% | ||||||||||||
Glencore Finance Canada Ltd.(b) (Switzerland) | ||||||||||||
366,000 | 4.250 | 10/25/22 | 384,366 | |||||||||
| ||||||||||||
Mining - 0.4% | ||||||||||||
Anglo American Capital PLC(b) (South Africa) | ||||||||||||
1,040,000 | 4.125 | 09/27/22 | 1,086,651 | |||||||||
| ||||||||||||
Wireless - 0.4% | ||||||||||||
NTT Finance Corp.(b) (Japan) | ||||||||||||
1,007,000 | 0.373 | 03/03/23 | 1,008,087 | |||||||||
| ||||||||||||
TOTAL FOREIGN CORPORATE DEBT (Cost $50,306,188) | $ 50,416,157 | |||||||||||
| ||||||||||||
U.S. Treasury Bills – 3.1% | ||||||||||||
U.S. Treasury Bills | ||||||||||||
$ | 4,650,000 | 0.078 | % (c) | 06/10/21 | $ 4,649,999 | |||||||
3,800,000 | 0.086 | (c) | 06/10/21 | 3,800,000 | ||||||||
| ||||||||||||
TOTAL U.S. TREASURY BILLS (Cost $8,449,830) | $ 8,449,999 | |||||||||||
| ||||||||||||
Certificate of Deposits – 1.3% | ||||||||||||
Bank of China Ltd. (China) | ||||||||||||
$ | 1,000,000 | — | % (c) | 11/19/21 | $ 998,600 | |||||||
Bayerische Landesbank (3M USD LIBOR + 0.470%) (Germany) | ||||||||||||
500,000 | 0.646 | (c) | 02/03/22 | 501,252 | ||||||||
Credit Suisse AG (Switzerland) | ||||||||||||
2,000,000 | 0.590 | (c) | 03/17/23 | 2,004,383 | ||||||||
| ||||||||||||
TOTAL CERTIFICATE OF DEPOSITS (Cost $3,498,145) | $ 3,504,235 | |||||||||||
| ||||||||||||
Municipal Debt Obligations - 0.1% | ||||||||||||
Pennsylvania - 0.1% | ||||||||||||
School District of Philadelphia (The) | ||||||||||||
$ | 340,000 | 4.000 | % | 06/30/21 | $ 341,010 | |||||||
| ||||||||||||
TOTAL Municipal Debt Obligations (Cost $340,929) | $ 341,010 | |||||||||||
|
GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
Shares | Dividend Rate | Value | ||||||||||||
Investment Company – 3.5%(d) | ||||||||||||||
Goldman Sachs Financial Square Government Fund – Institutional Shares | ||||||||||||||
$ | 9,392,507 | 0.026 | % | $ 9,392,507 | ||||||||||
(Cost $9,392,507) | ||||||||||||||
| ||||||||||||||
TOTAL INVESTMENTS – 102.0% (Cost $276,282,824) |
| $276,836,880 | ||||||||||||
| ||||||||||||||
LIABILITIES IN EXCESS OF ASSETS - (2.0)% |
| (5,380,676) | ||||||||||||
| ||||||||||||||
NET ASSETS - 100.0% |
| $271,456,204 | ||||||||||||
| ||||||||||||||
The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. | ||
(a) | Variable rate security. Interest rate or distribution rate disclosed is that which is in effect on May 31, 2021. | |
(b) | Exempt from registration under Rule 144A of the Securities Act of 1933. | |
(c) | Interest rates represent either the stated coupon rate, annualized yield on date of purchase for discounted securities, or, for floating rate securities, the current reset rate, which is based upon current interest rate indices. | |
(d) | Represents an affiliated issuer. |
| ||
Investment Abbreviations: | ||
GMTN | — Global Medium Term Note | |
LIBOR | — London Interbank Offered Rate | |
LP | — Limited Partnership | |
MTN | — Medium Term Note | |
PLC | — Public Limited Company | |
REIT | — Real Estate Investment Trust | |
SOFR | — Secured Overnight Financing Rate | |
|
GOLDMAN SACHS ACCESS ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
NOTES TO THE SCHEDULE OF INVESTMENTS
Investment Valuation — The Funds’ valuation policy is to value investments at fair value.
Investments and Fair Value Measurements — U.S. GAAP defines the fair value of a financial instrument as the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price); the Funds’ policy is to use the market approach. GAAP establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The level in the fair value hierarchy within which the fair value measurement in its entirety falls shall be determined based on the lowest level input that is significant to the fair value measurement in its entirety. The levels used for classifying investments are not necessarily an indication of the risk associated with investing in these investments. The three levels of the fair value hierarchy are described below:
Level 1 — Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;
Level 2 — Quoted prices in markets that are not active or financial instruments for which significant inputs are observable (including, but not limited to, quoted prices for similar investments, interest rates, foreign exchange rates, volatility and credit spreads), either directly or indirectly;
Level 3 — Prices or valuations that require significant unobservable inputs (including GSAM’s assumptions in determining fair value measurement).
The Board of Trustees (“Trustees”) has approved Valuation Procedures that govern the valuation of the portfolio investments held by the Funds, including investments for which market quotations are not readily available. The Trustees have delegated to GSAM day-to-day responsibility for implementing and maintaining internal controls and procedures related to the valuation of the Funds’ investments. To assess the continuing appropriateness of pricing sources and methodologies, GSAM regularly performs price verification procedures and issues challenges as necessary to third party pricing vendors or brokers, and any differences are reviewed in accordance with the Valuation Procedures.
A. Level 1 and Level 2 Fair Value Investments — The valuation techniques and significant inputs used in determining the fair values for investments classified as Level 1 and Level 2 are as follows:
Debt Securities — Debt securities for which market quotations are readily available are valued daily on the basis of quotations supplied by dealers or an independent pricing service approved by the Trustees. The pricing services may use valuation models or matrix pricing, which consider: (i) yield or price with respect to bonds that are considered comparable in characteristics such as rating, interest rate and maturity date or (ii) quotations from securities dealers to determine current value. With the exception of treasury securities of G7 countries, which are generally classified as Level 1, these investments are generally classified as Level 2 of the fair value hierarchy.
Money Market Funds — Investments in the Goldman Sachs Financial Square Government Fund (“Underlying Fund”) are valued at the NAV per share of the Institutional Share class on the day of valuation. These investments are generally classified as Level 1 of the fair value hierarchy. For information regarding the Underlying Fund’s accounting policies and investment holdings, please see the Underlying Fund’s shareholder report.
B. Level 3 Fair Value Investments — To the extent that significant inputs to valuation models and other alternative pricing sources are unobservable, or if quotations are not readily available, or if GSAM believes that such quotations do not accurately reflect fair value, the fair value of a Fund’s investments may be determined under Valuation Procedures approved by the Trustees. GSAM, consistent with its procedures and applicable regulatory guidance, may make an adjustment to the most recent valuation prices of either domestic or foreign securities in light of significant events to reflect what it believes to be the fair value of the securities at the time of determining a Fund’s NAV. To the extent investments are valued using single source broker quotations obtained directly from the broker or passed through from third party pricing vendors, such investments are classified as Level 3 investments.
GOLDMAN SACHS ACCESS ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
NOTES TO THE SCHEDULE OF INVESTMENTS (continued)
C. Fair Value Hierarchy — The following is a summary of the Funds’ investments classified in the fair value hierarchy as of May 31, 2021:
ACCESS HIGH YIELD CORPORATE BOND ETF |
| |||||||||||
Investment Type | Level 1 | Level 2 | Level 3 | |||||||||
Assets | ||||||||||||
Fixed Income | ||||||||||||
Corporate Obligations | $ | — | $ | 204,249,944 | $ | — | ||||||
Foreign Corporate Debt | — | 10,332,684 | — | |||||||||
Investment Company | 2,412,875 | — | — | |||||||||
Total | $ | 2,412,875 | $ | 214,582,628 | $ | — | ||||||
ACCESS INFLATION PROTECTED USD BOND ETF |
| |||||||||||
Investment Type | Level 1 | Level 2 | Level 3 | |||||||||
Assets | ||||||||||||
Fixed Income | ||||||||||||
U.S. Treasury Inflation Indexed Bonds | $ | 96,400,328 | $ | — | $ | — | ||||||
Total | $ | 96,400,328 | $ | — | $ | — | ||||||
ACCESS INVESTMENT GRADE CORPORATE 1-5 YEAR BOND ETF |
| |||||||||||
Investment Type | Level 1 | Level 2 | Level 3 | |||||||||
Assets | ||||||||||||
Fixed Income | ||||||||||||
Corporate Obligations | $ | — | $ | 21,461,427 | $ | — | ||||||
Foreign Corporate Debt | — | 5,782,266 | — | |||||||||
Investment Company | 110,042 | — | — | |||||||||
Total | $ | 110,042 | $ | 27,243,693 | $ | — | ||||||
ACCESS INVESTMENT GRADE CORPORATE BOND ETF |
| |||||||||||
Investment Type | Level 1 | Level 2 | Level 3 | |||||||||
Assets | ||||||||||||
Fixed Income | ||||||||||||
Corporate Obligations | $ | — | $ | 678,898,307 | $ | — | ||||||
Foreign Corporate Debt | — | 150,612,748 | — | |||||||||
Investment Company | 3,195,464 | — | — | |||||||||
Total | $ | 3,195,464 | $ | 829,511,055 | $ | — | ||||||
GOLDMAN SACHS ACCESS ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
NOTES TO THE SCHEDULE OF INVESTMENTS (continued)
ACCESS TREASURY 0-1 YEAR ETF |
| |||||||||||
Investment Type | Level 1 | Level 2 | Level 3 | |||||||||
Assets | ||||||||||||
Fixed Income | ||||||||||||
U.S. Treasury Bills | $ | 1,312,562,265 | $ | — | $ | — | ||||||
U.S. Treasury Notes | 449,217,660 | — | — | |||||||||
Total | $ | 1,761,779,925 | $ | — | $ | — | ||||||
ACCESS U.S. AGGREGATE BOND ETF |
| |||||||||||
Investment Type | Level 1 | Level 2 | Level 3 | |||||||||
Assets | ||||||||||||
Fixed Income | ||||||||||||
U.S. Treasury Notes | $ | 67,364,323 | $ | — | $ | — | ||||||
Mortgage-Backed Securities | — | 54,885,621 | — | |||||||||
Corporate Obligations | — | 47,544,515 | — | |||||||||
U.S. Treasury Bonds | 14,409,883 | — | — | |||||||||
Foreign Corporate Debt | — | 9,970,148 | — | |||||||||
Foreign Debt Obligations | — | 6,255,210 | — | |||||||||
Investment Company | 47,634,646 | — | — | |||||||||
Total | $ | 129,408,852 | $ | 118,655,494 | $ | — | ||||||
ACCESS ULTRA SHORT BOND ETF |
| |||||||||||
Investment Type | Level 1 | Level 2 | Level 3 | |||||||||
Assets | ||||||||||||
Fixed Income | ||||||||||||
Mortgage-Backed Securities | $ | — | $ | 82,615,448 | $ | — | ||||||
Asset- Backed Securities | — | 65,093,931 | — | |||||||||
Corporate Obligations | — | 57,023,593 | — | |||||||||
Foreign Corporate Debt | — | 50,416,157 | — | |||||||||
U.S. Treasury Bills | 8,449,999 | — | — | |||||||||
Municipal Debt Obligations | — | 341,010 | — | |||||||||
Investment Company | 9,392,507 | — | — | |||||||||
Certificate of Deposit | — | 3,504,235 | — | |||||||||
Total | $ | 17,842,506 | $ | 258,994,374 | $ | — | ||||||
For further information regarding security characteristics, see the Schedules of Investments.
GOLDMAN SACHS ACCESS ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
NOTES TO THE SCHEDULE OF INVESTMENTS (continued)
The Funds’ risks include, but are not limited to, the following:
Floating and Variable Rate Obligations Risk — Floating rate and variable rate obligations are debt instruments issued by companies or other entities with interest rates that reset periodically (typically, daily, monthly, quarterly, or semiannually) in response to changes in the market rate of interest on which the interest rate is based. For floating and variable rate obligations, there may be a lag between an actual change in the underlying interest rate benchmark and the reset time for an interest payment of such an obligation, which could harm or benefit a Fund, depending on the interest rate environment or other circumstances. In a rising interest rate environment, for example, a floating or variable rate obligation that does not reset immediately would prevent a Fund from taking full advantage of rising interest rates in a timely manner. However, in a declining interest rate environment, a Fund may benefit from a lag due to an obligation’s interest rate payment not being immediately impacted by a decline in interest rates.
In 2017, the United Kingdom’s Financial Conduct Authority (“FCA”) warned that LIBOR may cease to be available or appropriate for use by 2021. The unavailability or replacement of LIBOR may affect the value, liquidity or return on certain Fund investments and may result in costs incurred in connection with closing out positions and entering into new trades. Any pricing adjustments to a Fund’s investments resulting from a substitute reference rate may also adversely affect the Fund’s performance and/or NAV.
Foreign and Emerging Countries Risk — Investing in foreign markets may involve special risks and considerations not typically associated with investing in the United States. Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which a Fund invests. The imposition of exchange controls (including repatriation restrictions), confiscations of assets and property, trade restrictions (including tariffs) and other government restrictions by the United States or other governments, or problems with registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which a Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. To the extent that a Fund also invests in securities of issuers located in emerging markets, these risks may be more pronounced.
Interest Rate Risk — When interest rates increase, fixed income securities or instruments held by a Fund will generally decline in value. Long-term fixed income securities or instruments will normally have more price volatility because of this risk than shortterm fixed income securities or instruments. The risks associated with changing interest rates may have unpredictable effects on the markets and a Fund’s investments. Fluctuations in interest rates may also affect the liquidity of fixed income securities and instruments held by the Funds.
Index Risk (each Fund except the Access Ultra Short Bond ETF) — FTSE Fixed Income LLC (the “Index Provider”) constructs each Fund’s Index in accordance with a rules-based methodology. A Fund will be negatively affected by general declines in the securities and asset classes represented in its Index. In addition, because the Funds are not “actively” managed, unless a specific security is removed from an Index, a Fund generally would not sell a security because the security’s issuer was in financial trouble. Market disruptions and regulatory restrictions could have an adverse effect on a Fund’s ability to adjust its exposure to the required levels in order to track the Index. A Fund also does not attempt to take defensive positions under any market conditions, including declining markets. Therefore, a Fund’s performance could be lower than funds that may actively shift their portfolio assets to take advantage of market opportunities or to lessen the impact of a market decline or a decline in the value of one or more issuers. When the Index is rebalanced and a Fund in turn rebalances its portfolio to attempt to increase the correlation between the Fund’s portfolio and the Index, any transaction costs and market exposure arising from such portfolio rebalancing may be borne directly by the Fund and its shareholders. The Index Provider may utilize third party data in constructing each Index, but it does not guarantee the accuracy or availability of any such third party data.
The FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index and FTSE Goldman Sachs US Broad Bond Market Index are new and have limited performance history. Errors in index data, index computation or the construction of an Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the applicable Fund and its shareholders. In addition, neither a Fund, the Investment Adviser nor the Index Provider can guarantee the availability or timeliness of the production of the Index.
Investments in Other Investment Companies Risk — As a shareholder of another investment company, including an ETF, a Fund will indirectly bear its proportionate share of any net management fees and other expenses paid by such other investment companies, in addition to the fees and expenses regularly borne by the Fund.
GOLDMAN SACHS ACCESS ETF
Schedule of Investments (continued)
May 31, 2021 (Unaudited)
NOTES TO THE SCHEDULE OF INVESTMENTS (continued)
Liquidity Risk — A Fund may make investments that are illiquid or that may become less liquid in response to market developments or adverse investor perceptions. Illiquid investments may be more difficult to value. To the extent a Fund engages in cash redemptions, then liquidity risk may also refer to the risk that a Fund will not be able to pay redemption proceeds within the allowable time period or without significant dilution to remaining investors’ interests because of unusual market conditions, an unusually high volume of redemption requests, or other reasons. To meet redemption requests, a Fund may be forced to sell investments at an unfavorable time and/or under unfavorable conditions. If a Fund is forced to sell securities at an unfavorable time and/or under unfavorable conditions, such sales may adversely affect the Fund’s NAV and dilute remaining investors’ interests. Liquidity risk may be the result of, among other things, the reduced number and capacity of traditional market participants to make a market in fixed income securities or the lack of an active market. The potential for liquidity risk may be magnified by a rising interest rate environment or other circumstances where investor redemptions from fixed income funds may be higher than normal, potentially causing increased supply in the market due to selling activity. These risks may be more pronounced in connection with a Fund’s investments in securities of issuers located in emerging market countries. Redemptions by large shareholders may have a negative impact on a Fund’s liquidity.
Market and Credit Risks — In the normal course of business, a Fund trades financial instruments and enters into financial transactions where risk of potential loss exists due to changes in the market (market risk). The value of the securities in which a Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact a Fund and its investments. Additionally, a Fund may also be exposed to credit risk in the event that an issuer or guarantor fails to perform or that an institution or entity with which the Fund has unsettled or open transactions defaults.
Market Trading Risk — Each Fund faces numerous market trading risks, including disruptions to creations and redemptions, the existence of extreme market volatility or potential lack of an active trading market for Shares. If a shareholder purchases Shares at a time when the market price is at a premium to the NAV or sells Shares at a time when the market price is at a discount to the NAV, the shareholder may sustain losses. The Investment Adviser cannot predict whether Shares will trade below, at or above their NAV. Price differences may be due, in large part, to the fact that supply and demand forces at work in the secondary trading market for Shares will be closely related to, but not identical to, the same forces influencing the prices of the securities of a Fund’s Index (except the Access Ultra Short Bond ETF) trading individually or in the aggregate at any point in time.
Tracking Error Risk (each Fund except the Access Ultra Short Bond ETF) — Tracking error is the divergence of a Fund’s performance from that of its Index. The performance of a Fund may diverge from that of its Index for a number of reasons. Tracking error may occur because of transaction costs, a Fund’s holding of cash, differences in accrual of dividends, changes to its Index or the need to meet new or existing regulatory requirements. Unlike a Fund, the returns of an Index are not reduced by investment and other operating expenses, including the trading costs associated with implementing changes to its portfolio of investments. Tracking error risk may be heightened during times of market volatility or other unusual market conditions.