Peak Financial Advisors LLC Makes New Investment in Goldman Sachs Municipal Income ETF $GMUB

Peak Financial Advisors LLC acquired a new position in shares of Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) in the third quarter, Holdings Channel.com reports. The fund acquired 257,560 shares of the company’s stock, valued at approximately $12,569,000. Goldman Sachs Municipal Income ETF comprises about 5.4% of Peak Financial Advisors LLC’s portfolio, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Heartwood Wealth Advisors LLC increased its stake in Goldman Sachs Municipal Income ETF by 0.8% in the third quarter. Heartwood Wealth Advisors LLC now owns 501,612 shares of the company’s stock valued at $24,479,000 after acquiring an additional 4,054 shares during the last quarter. GoalVest Advisory LLC lifted its stake in Goldman Sachs Municipal Income ETF by 2.9% during the third quarter. GoalVest Advisory LLC now owns 358,646 shares of the company’s stock worth $17,502,000 after purchasing an additional 10,076 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Goldman Sachs Municipal Income ETF by 8.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 288,016 shares of the company’s stock worth $14,816,000 after purchasing an additional 23,415 shares in the last quarter. Capital Advisors Wealth Management LLC boosted its holdings in shares of Goldman Sachs Municipal Income ETF by 12.5% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 179,717 shares of the company’s stock worth $8,770,000 after purchasing an additional 20,027 shares in the last quarter. Finally, Retirement Planning Group LLC purchased a new position in shares of Goldman Sachs Municipal Income ETF in the 3rd quarter worth about $7,895,000.

Goldman Sachs Municipal Income ETF Trading Down 0.1%

Shares of Goldman Sachs Municipal Income ETF stock opened at $50.24 on Friday. The business’s 50-day moving average price is $49.69 and its 200-day moving average price is $50.87. Goldman Sachs Municipal Income ETF has a 12 month low of $48.38 and a 12 month 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.