Goldman Sachs Municipal Income ETF $GMUB Shares Purchased by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC boosted its position in shares of Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) by 10.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 174,264 shares of the company’s stock after purchasing an additional 17,097 shares during the period. Goldman Sachs Municipal Income ETF accounts for 1.5% of Pinion Investment Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Pinion Investment Advisors LLC owned 1.27% of Goldman Sachs Municipal Income ETF worth $8,504,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gateway Wealth Partners LLC acquired a new stake in Goldman Sachs Municipal Income ETF during the 1st quarter valued at $201,000. WealthPLAN Partners LLC purchased a new position in shares of Goldman Sachs Municipal Income ETF during the third quarter valued at $208,000. Breakwater Capital Group purchased a new position in shares of Goldman Sachs Municipal Income ETF during the second quarter valued at $332,000. WNY Asset Management LLC acquired a new position in Goldman Sachs Municipal Income ETF during the first quarter valued at $343,000. Finally, IFP Advisors Inc raised its position in Goldman Sachs Municipal Income ETF by 193.7% during the third quarter. IFP Advisors Inc now owns 8,568 shares of the company’s stock valued at $418,000 after buying an additional 5,651 shares during the period.

Goldman Sachs Municipal Income ETF Price Performance

Shares of Goldman Sachs Municipal Income ETF stock opened at $50.71 on Tuesday. The stock has a 50-day moving average price of $49.66 and a 200 day moving average price of $50.84. 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 Company 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.