Goldman Sachs Dynamic California Municipal Income ETF $GCAL Shares Newly Purchased by KWB Wealth

KWB Wealth purchased a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 18,088 shares of the company’s stock, valued at approximately $877,000.

Several other institutional investors and hedge funds have also bought and sold shares of GCAL. Farther Finance Advisors LLC bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 3rd quarter worth approximately $48,000. Contango Wealth Management LLC increased its stake in shares of Goldman Sachs Dynamic California Municipal Income ETF by 25.0% during the first quarter. Contango Wealth Management LLC now owns 7,569 shares of the company’s stock valued at $383,000 after buying an additional 1,515 shares during the period. Financial Management Network Inc. raised its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 5.8% during the first quarter. Financial Management Network Inc. now owns 29,911 shares of the company’s stock valued at $1,521,000 after acquiring an additional 1,632 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Goldman Sachs Dynamic California Municipal Income ETF during the first quarter valued at approximately $99,000. Finally, Sage Rhino Capital LLC bought a new position in shares of Goldman Sachs Dynamic California Municipal Income ETF during the first quarter valued at approximately $229,000.

Goldman Sachs Dynamic California Municipal Income ETF Stock Up 0.1%

Shares of GCAL stock opened at $49.07 on Friday. The stock has a fifty day moving average of $49.54 and a 200 day moving average of $50.39. Goldman Sachs Dynamic California Municipal Income ETF has a 52 week low of $48.00 and a 52 week high of $52.09.

About Goldman Sachs Dynamic California Municipal Income ETF

The Goldman Sachs Dynamic California Municipal Income ETF (GCAL) 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 California state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration GCAL was launched on Jul 23, 2024 and is issued by Goldman Sachs.