Sowell Financial Services LLC Acquires 74,804 Shares of Goldman Sachs Municipal Income ETF $GMUB

Sowell Financial Services LLC bought a new position in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 74,804 shares of the company’s stock, valued at approximately $3,650,000.

A number of other hedge funds have also modified their holdings of GMUB. Heartwood Wealth Advisors LLC raised its position in shares of Goldman Sachs Municipal Income ETF by 0.8% during the third quarter. Heartwood Wealth Advisors LLC now owns 501,612 shares of the company’s stock worth $24,479,000 after purchasing an additional 4,054 shares during the period. GoalVest Advisory LLC lifted its holdings in shares of Goldman Sachs Municipal Income ETF by 13.4% during the second quarter. GoalVest Advisory LLC now owns 348,570 shares of the company’s stock valued at $17,930,000 after purchasing an additional 41,230 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Goldman Sachs Municipal Income ETF by 8.8% during the second quarter. Envestnet Asset Management Inc. now owns 288,016 shares of the company’s stock valued at $14,816,000 after purchasing an additional 23,415 shares during the last quarter. Capital Advisors Wealth Management LLC boosted its position in shares of Goldman Sachs Municipal Income ETF by 12.5% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 179,717 shares of the company’s stock valued at $8,770,000 after purchasing an additional 20,027 shares during the period. Finally, Retirement Planning Group LLC acquired a new position in shares of Goldman Sachs Municipal Income ETF in the 3rd quarter valued at $7,895,000.

Goldman Sachs Municipal Income ETF Price Performance

Shares of GMUB opened at $49.53 on Thursday. The business’s 50-day moving average price is $49.78 and its 200 day moving average price is $50.67. Goldman Sachs Municipal Income ETF has a 1-year low of $48.38 and a 1-year high of $52.23.

Goldman Sachs Municipal Income ETF 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.