GoalVest Advisory LLC Purchases 34,283 Shares of Goldman Sachs Dynamic New York Municipal Income ETF $GMNY

GoalVest Advisory LLC acquired a new stake in Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 34,283 shares of the company’s stock, valued at approximately $1,637,000. GoalVest Advisory LLC owned approximately 3.43% of Goldman Sachs Dynamic New York Municipal Income ETF as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Citadel Advisors LLC bought a new position in Goldman Sachs Dynamic New York Municipal Income ETF during the second quarter worth about $220,000. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Goldman Sachs Dynamic New York Municipal Income ETF by 26.7% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 56,980 shares of the company’s stock worth $2,868,000 after acquiring an additional 12,001 shares in the last quarter. Finally, WNY Asset Management LLC acquired a new stake in shares of Goldman Sachs Dynamic New York Municipal Income ETF during the first quarter worth about $496,000.

Goldman Sachs Dynamic New York Municipal Income ETF Trading Up 0.6%

Shares of NYSEARCA:GMNY traded up $0.30 during trading on Friday, hitting $48.16. 16,749 shares of the company’s stock traded hands, compared to its average volume of 7,280. Goldman Sachs Dynamic New York Municipal Income ETF has a 52 week low of $47.38 and a 52 week high of $50.86. The company has a 50-day moving average price of $49.08 and a 200-day moving average price of $49.70.

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.