Colton Groome Financial Advisors LLC Purchases New Position in Goldman Sachs Municipal Income ETF $GMUB

Colton Groome Financial Advisors LLC purchased a new stake in shares of Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 11,405 shares of the company’s stock, valued at approximately $584,000.

Several other hedge funds and other institutional investors also recently modified their holdings of GMUB. Betterment LLC increased its position in shares of Goldman Sachs Municipal Income ETF by 46.4% during the third quarter. Betterment LLC now owns 775,892 shares of the company’s stock valued at $39,477,000 after buying an additional 245,844 shares during the period. GoalVest Advisory LLC increased its position in shares of Goldman Sachs Municipal Income ETF by 73.5% during the fourth quarter. GoalVest Advisory LLC now owns 271,777 shares of the company’s stock valued at $13,912,000 after buying an additional 115,165 shares during the period. Flow Traders U.S. LLC grew its stake in Goldman Sachs Municipal Income ETF by 1,600.6% in the third quarter. Flow Traders U.S. LLC now owns 101,885 shares of the company’s stock worth $5,183,000 after purchasing an additional 95,894 shares during the period. Capital Advisors Wealth Management LLC raised its holdings in Goldman Sachs Municipal Income ETF by 473.6% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 94,807 shares of the company’s stock worth $4,853,000 after purchasing an additional 78,279 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in Goldman Sachs Municipal Income ETF in the fourth quarter worth $3,123,000.

Goldman Sachs Municipal Income ETF Stock Performance

GMUB opened at $51.30 on Monday. The stock has a fifty day simple moving average of $51.13 and a two-hundred day simple moving average of $51.29. Goldman Sachs Municipal Income ETF has a 12-month low of $48.95 and a 12-month high of $52.23.

Goldman Sachs Municipal Income ETF Company 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.