Hennion & Walsh Asset Management Inc. Purchases 13,458 Shares of Goldman Sachs Dynamic New York Municipal Income ETF $GMNY

Hennion & Walsh Asset Management Inc. grew its position in Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) by 226.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,409 shares of the company’s stock after buying an additional 13,458 shares during the period. Hennion & Walsh Asset Management Inc. owned approximately 3.88% of Goldman Sachs Dynamic New York Municipal Income ETF worth $969,000 at the end of the most recent quarter.

Separately, Miracle Mile Advisors LLC bought a new position in Goldman Sachs Dynamic New York Municipal Income ETF during the third quarter worth about $13,676,000.

Goldman Sachs Dynamic New York Municipal Income ETF Trading Up 0.1%

GMNY stock opened at $49.79 on Friday. Goldman Sachs Dynamic New York Municipal Income ETF has a 1-year low of $47.36 and a 1-year high of $50.86. The business’s 50-day moving average price is $50.22 and its two-hundred day moving average price is $50.04.

Goldman Sachs Dynamic New York Municipal Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1346 per share. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Monday, March 2nd.

Goldman Sachs Dynamic New York Municipal Income ETF Profile

The Goldman Sachs Dynamic New York Municipal Income ETF (GMNY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income by investing in municipal securities exempt from federal and New York state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration. GMNY was launched on Jul 23, 2024 and is issued by Goldman Sachs.