Tortoise Investment Management LLC Buys New Shares in Goldman Sachs Municipal Income ETF $GMUB

Tortoise Investment Management LLC bought a new position in shares of Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) in the third quarter, HoldingsChannel reports. The firm bought 13,250 shares of the company’s stock, valued at approximately $647,000.

Other hedge funds have also modified their holdings of the company. Colton Groome Financial Advisors LLC boosted its stake in shares of Goldman Sachs Municipal Income ETF by 6.8% in the third quarter. Colton Groome Financial Advisors LLC now owns 18,940 shares of the company’s stock valued at $924,000 after buying an additional 1,210 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in Goldman Sachs Municipal Income ETF by 27.3% during the first quarter. Sanctuary Advisors LLC now owns 11,204 shares of the company’s stock worth $571,000 after acquiring an additional 2,404 shares during the period. Johnson Bixby & Associates LLC grew its holdings in Goldman Sachs Municipal Income ETF by 21.0% during the third quarter. Johnson Bixby & Associates LLC now owns 20,714 shares of the company’s stock worth $1,011,000 after acquiring an additional 3,598 shares during the period. Gateway Wealth Partners LLC purchased a new position in Goldman Sachs Municipal Income ETF in the first quarter worth $201,000. Finally, Heartwood Wealth Advisors LLC raised its position 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 worth $24,479,000 after acquiring an additional 4,054 shares in the last quarter.

Goldman Sachs Municipal Income ETF Price Performance

Goldman Sachs Municipal Income ETF stock opened at $50.34 on Friday. Goldman Sachs Municipal Income ETF has a one year low of $48.38 and a one year high of $52.23. The business has a fifty day moving average of $49.66 and a two-hundred day moving average of $50.83.

About Goldman Sachs Municipal Income ETF

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.