GOLDMAN SACHS ETF TRUST II

Ticker: GUSA CUSIP: 38150W107 Class: MARKETBETA US EQ

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (3)

FIDUCIARY ADVISORS, INC.

Value ($000) $87 Shares 1,471

Value ($000) $8 Shares 131

Value ($000) $0 Shares 1

Institution	Shares	Value ($000)
FIDUCIARY ADVISORS, INC.	1,471	$87
UBS Group AG	131	$8
FMR LLC	1	$0

Decreased Positions (1)

BANK OF AMERICA CORP /DE/

Value ($000) $48 (+0.5%) Shares 811 (-1.6%)

Institution	Prev Shares	Curr Shares	Change
BANK OF AMERICA CORP /DE/	824	811	-13 (-1.6%)

Exited Positions (1)

Value ($000) $0 Shares 1

Institution	Prev Shares	Prev Value ($000)
MORGAN STANLEY	1	$0