Hennion & Walsh Asset Management Inc. Has $969,000 Holdings in Goldman Sachs Dynamic New York Municipal Income ETF $GMNY

Hennion & Walsh Asset Management Inc. lifted its stake in shares of Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) by 226.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,409 shares of the company’s stock after acquiring an additional 13,458 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Goldman Sachs Dynamic New York Municipal Income ETF were worth $969,000 at the end of the most recent quarter.

Separately, Magnus Financial Group LLC acquired a new position in Goldman Sachs Dynamic New York Municipal Income ETF in the 3rd quarter worth $736,000.

Goldman Sachs Dynamic New York Municipal Income ETF Trading Up 0.1%

GMNY stock opened at $49.79 on Friday. The stock has a 50-day moving average price of $50.22 and a two-hundred day moving average price of $50.04. Goldman Sachs Dynamic New York Municipal Income ETF has a 1 year low of $47.36 and a 1 year high of $50.86.

Goldman Sachs Dynamic New York Municipal Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a dividend of $0.1346 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.

Goldman Sachs Dynamic New York Municipal Income ETF Profile

The Goldman Sachs Dynamic New York Municipal Income ETF (GMNY) 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 New York state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration. GMNY was launched on Jul 23, 2024 and is issued by Goldman Sachs.