Flow Traders U.S. LLC Takes Position in Goldman Sachs Dynamic California Municipal Income ETF $GCAL

Flow Traders U.S. LLC bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 116,948 shares of the company’s stock, valued at approximately $5,931,000. Flow Traders U.S. LLC owned about 4.87% of Goldman Sachs Dynamic California Municipal Income ETF as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Miracle Mile Advisors LLC purchased a new stake in Goldman Sachs Dynamic California Municipal Income ETF in the 3rd quarter valued at $81,456,000. Cerity Partners LLC purchased a new position in Goldman Sachs Dynamic California Municipal Income ETF during the 2nd quarter worth $5,955,000. Goldman Sachs Group Inc. grew its stake in shares of Goldman Sachs Dynamic California Municipal Income ETF by 24.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 101,189 shares of the company’s stock worth $5,071,000 after acquiring an additional 19,677 shares in the last quarter. First American Trust FSB bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 3rd quarter worth $2,598,000. Finally, Curated Wealth Partners LLC raised its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 2.6% in the third quarter. Curated Wealth Partners LLC now owns 42,745 shares of the company’s stock valued at $2,168,000 after purchasing an additional 1,070 shares during the last quarter.

Goldman Sachs Dynamic California Municipal Income ETF Price Performance

GCAL opened at $51.03 on Monday. The company’s 50-day moving average is $51.27 and its 200 day moving average is $50.94. Goldman Sachs Dynamic California Municipal Income ETF has a fifty-two week low of $47.72 and a fifty-two week high of $51.72.

Goldman Sachs Dynamic California Municipal Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a $0.1439 dividend. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Monday, March 2nd.

Goldman Sachs Dynamic California Municipal Income ETF Profile

The Goldman Sachs Dynamic California Municipal Income ETF (GCAL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income by investing in municipal securities exempt from federal and California state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration GCAL was launched on Jul 23, 2024 and is issued by Goldman Sachs.