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

Catalyst Investment Management LLC bought a new stake in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 38,422 shares of the company’s stock, valued at approximately $1,875,000. Goldman Sachs Municipal Income ETF makes up 1.7% of Catalyst Investment Management LLC’s portfolio, making the stock its 20th biggest holding.

A number of other institutional investors have also recently made changes to their positions in GMUB. Heartwood Wealth Advisors LLC increased its position in shares of Goldman Sachs Municipal Income ETF by 0.8% during the third quarter. Heartwood Wealth Advisors LLC now owns 501,612 shares of the company’s stock worth $24,479,000 after purchasing an additional 4,054 shares in the last quarter. GoalVest Advisory LLC raised its stake in Goldman Sachs Municipal Income ETF by 13.4% in the 2nd quarter. GoalVest Advisory LLC now owns 348,570 shares of the company’s stock valued at $17,930,000 after purchasing an additional 41,230 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in 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 valued at $14,816,000 after purchasing an additional 23,415 shares during the last quarter. Capital Advisors Wealth Management LLC raised its stake in 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 valued at $8,770,000 after purchasing an additional 20,027 shares during the last quarter. Finally, Retirement Planning Group LLC acquired a new position in Goldman Sachs Municipal Income ETF in the 3rd quarter valued at $7,895,000.

Goldman Sachs Municipal Income ETF Stock Performance

Shares of GMUB stock opened at $49.53 on Thursday. Goldman Sachs Municipal Income ETF has a fifty-two week low of $48.38 and a fifty-two week high of $52.23. The stock’s fifty day moving average is $49.78 and its two-hundred day moving average is $50.67.

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.