Sowell Financial Services LLC Has $3.50 Million Position in Goldman Sachs Municipal Income ETF $GMUB

Sowell Financial Services LLC raised its stake in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) by 54.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 68,788 shares of the company’s stock after buying an additional 24,269 shares during the quarter. Sowell Financial Services LLC owned 3.13% of Goldman Sachs Municipal Income ETF worth $3,500,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital Advisors Wealth Management LLC acquired a new stake in Goldman Sachs Municipal Income ETF during the third quarter valued at $841,000. Landmark Wealth Management LLC purchased a new stake in shares of Goldman Sachs Municipal Income ETF during the 2nd quarter worth about $864,000. Goldman Sachs Group Inc. lifted its holdings in shares of Goldman Sachs Municipal Income ETF by 39.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 121,288 shares of the company’s stock valued at $6,031,000 after buying an additional 34,403 shares during the last quarter. Retirement Planning Group LLC lifted its holdings in shares of Goldman Sachs Municipal Income ETF by 345.5% during the 2nd quarter. Retirement Planning Group LLC now owns 55,803 shares of the company’s stock valued at $2,786,000 after buying an additional 43,276 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Goldman Sachs Municipal Income ETF by 297.8% in the 2nd quarter. Jane Street Group LLC now owns 63,952 shares of the company’s stock valued at $3,192,000 after buying an additional 47,874 shares in the last quarter.

Goldman Sachs Municipal Income ETF Stock Performance

NYSEARCA:GMUB opened at $51.10 on Monday. The stock’s 50 day moving average price is $51.12 and its 200 day moving average price is $50.49. Goldman Sachs Municipal Income ETF has a 52 week low of $44.00 and a 52 week high of $51.96.

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.