Mirae Asset Securities USA Inc. Makes New $5.09 Million Investment in Goldman Sachs Municipal Income ETF $GMUB

Mirae Asset Securities USA Inc. acquired a new position in shares of Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 100,000 shares of the company’s stock, valued at approximately $5,095,000. Goldman Sachs Municipal Income ETF accounts for approximately 0.2% of Mirae Asset Securities USA Inc.’s portfolio, making the stock its 15th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in GMUB. Asio Capital LLC bought a new stake in Goldman Sachs Municipal Income ETF in the 4th quarter valued at $697,000. Redhawk Wealth Advisors Inc. acquired a new stake in shares of Goldman Sachs Municipal Income ETF during the fourth quarter worth $1,681,000. Gentry Private Wealth LLC lifted its holdings in shares of Goldman Sachs Municipal Income ETF by 73.2% during the fourth quarter. Gentry Private Wealth LLC now owns 86,249 shares of the company’s stock worth $4,415,000 after buying an additional 36,450 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Goldman Sachs Municipal Income ETF in the third quarter valued at about $1,906,000. Finally, Flow Traders U.S. LLC boosted its position in shares of 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 valued at $5,183,000 after acquiring an additional 95,894 shares during the period.

Goldman Sachs Municipal Income ETF Stock Down 0.0%

NYSEARCA:GMUB opened at $51.39 on Wednesday. Goldman Sachs Municipal Income ETF has a 52 week low of $49.41 and a 52 week high of $52.23. The firm’s 50-day simple moving average is $51.24 and its 200 day simple moving average is $51.34.

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.