Goldman Sachs Municipal Income ETF $GMUB Shares Acquired by Capital Advisors Wealth Management LLC

Capital Advisors Wealth Management LLC lifted its position in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) by 473.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 94,807 shares of the company’s stock after buying an additional 78,279 shares during the quarter. Capital Advisors Wealth Management LLC owned approximately 2.56% of Goldman Sachs Municipal Income ETF worth $4,853,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Sowell Financial Services LLC boosted its holdings in Goldman Sachs Municipal Income ETF by 2.1% during the 4th quarter. Sowell Financial Services LLC now owns 70,243 shares of the company’s stock valued at $3,596,000 after acquiring an additional 1,455 shares during the period. Signaturefd LLC purchased a new stake in Goldman Sachs Municipal Income ETF during the fourth quarter worth about $136,000. WealthPlan Investment Management LLC purchased a new stake in Goldman Sachs Municipal Income ETF during the third quarter worth about $220,000. First American Trust FSB acquired a new stake in shares of Goldman Sachs Municipal Income ETF during the third quarter worth about $411,000. Finally, Magnus Financial Group LLC acquired a new stake in shares of Goldman Sachs Municipal Income ETF during the fourth quarter worth about $560,000.

Goldman Sachs Municipal Income ETF Price Performance

NYSEARCA GMUB opened at $50.99 on Monday. The firm has a 50 day simple moving average of $51.48 and a 200-day simple moving average of $51.24. Goldman Sachs Municipal Income ETF has a one year low of $44.00 and a one year high of $52.23.

Goldman Sachs Municipal Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a $0.1412 dividend. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, March 2nd.

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.