Capital Advisors Wealth Management LLC Makes New $841,000 Investment in Goldman Sachs Municipal Income ETF $GMUB

Capital Advisors Wealth Management LLC bought a new position in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 16,528 shares of the company’s stock, valued at approximately $841,000. Capital Advisors Wealth Management LLC owned 0.75% of Goldman Sachs Municipal Income ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in GMUB. Betterment LLC acquired a new stake in Goldman Sachs Municipal Income ETF in the second quarter valued at about $26,460,000. Goldman Sachs Group Inc. increased its position in Goldman Sachs Municipal Income ETF by 39.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 121,288 shares of the company’s stock worth $6,031,000 after purchasing an additional 34,403 shares during the period. HBK Sorce Advisory LLC purchased a new position in shares of Goldman Sachs Municipal Income ETF during the 3rd quarter worth approximately $3,974,000. Jane Street Group LLC lifted its holdings in shares of Goldman Sachs Municipal Income ETF by 297.8% in the 2nd quarter. Jane Street Group LLC now owns 63,952 shares of the company’s stock valued at $3,192,000 after buying an additional 47,874 shares during the period. Finally, Berger Financial Group Inc purchased a new stake in shares of Goldman Sachs Municipal Income ETF in the third quarter valued at approximately $3,177,000.

Goldman Sachs Municipal Income ETF Stock Down 0.0%

Shares of GMUB stock opened at $51.15 on Friday. The business’s fifty day moving average price is $51.12 and its 200 day moving average price is $50.46. Goldman Sachs Municipal Income ETF has a 1-year low of $44.00 and a 1-year high of $51.96.

Goldman Sachs Municipal Income ETF Profile

The Goldman Sachs Municipal Income ETF (GMUB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on municipal securities, which are exempt from federal income tax. The fund aims to provide diversified exposure and high current income GMUB was launched on Jul 23, 2024 and is issued by Goldman Sachs.