Sowell Financial Services LLC Acquires 24,269 Shares of Goldman Sachs Municipal Income ETF $GMUB

Sowell Financial Services LLC boosted its holdings in shares of Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) by 54.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 68,788 shares of the company’s stock after buying an additional 24,269 shares during the period. Sowell Financial Services LLC’s holdings in Goldman Sachs Municipal Income ETF were worth $3,500,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Advisors Wealth Management LLC bought a new stake in shares of Goldman Sachs Municipal Income ETF during the 3rd quarter worth about $841,000. Landmark Wealth Management LLC acquired a new stake in Goldman Sachs Municipal Income ETF in the 2nd quarter worth approximately $864,000. Retirement Planning Group LLC boosted its position in Goldman Sachs Municipal Income ETF by 345.5% during the second quarter. Retirement Planning Group LLC now owns 55,803 shares of the company’s stock worth $2,786,000 after purchasing an additional 43,276 shares during the period. Berger Financial Group Inc bought a new stake in Goldman Sachs Municipal Income ETF during the third quarter worth approximately $3,177,000. Finally, Jane Street Group LLC grew its holdings in Goldman Sachs Municipal Income ETF by 297.8% during the second quarter. Jane Street Group LLC now owns 63,952 shares of the company’s stock valued at $3,192,000 after purchasing an additional 47,874 shares during the last quarter.

Goldman Sachs Municipal Income ETF Stock Performance

Shares of Goldman Sachs Municipal Income ETF stock opened at $51.10 on Monday. The firm has a fifty day simple moving average of $51.12 and a 200-day simple moving average of $50.49. Goldman Sachs Municipal Income ETF has a 1-year low of $44.00 and a 1-year high of $51.96.

About Goldman Sachs Municipal Income ETF

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.