Composition Wealth LLC Purchases 23,810 Shares of Goldman Sachs Dynamic California Municipal Income ETF $GCAL

Composition Wealth LLC grew its position in Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) by 1.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,629,961 shares of the company’s stock after buying an additional 23,810 shares during the period. Goldman Sachs Dynamic California Municipal Income ETF comprises about 1.2% of Composition Wealth LLC’s portfolio, making the stock its 21st biggest holding. Composition Wealth LLC owned 0.54% of Goldman Sachs Dynamic California Municipal Income ETF worth $82,973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Magnus Financial Group LLC bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF during the 3rd quarter worth about $228,000. Blue Zone Wealth Advisors LLC bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF during the 4th quarter worth about $280,000. Wolff Wiese Magana LLC bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF during the 4th quarter worth about $300,000. Robertson Stephens Wealth Management LLC bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF during the 4th quarter worth about $466,000. Finally, Planned Solutions Inc. boosted its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 41.3% during the 3rd quarter. Planned Solutions Inc. now owns 11,206 shares of the company’s stock worth $568,000 after buying an additional 3,273 shares during the period.

Goldman Sachs Dynamic California Municipal Income ETF Stock Down 0.3%

Shares of GCAL stock opened at $50.79 on Friday. The company has a 50-day simple moving average of $50.99 and a 200 day simple moving average of $51.02. Goldman Sachs Dynamic California Municipal Income ETF has a 52 week low of $49.20 and a 52 week high of $51.72.

Goldman Sachs Dynamic California Municipal Income ETF Company Profile

The Goldman Sachs Dynamic California Municipal Income ETF (GCAL) 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 California state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration GCAL was launched on Jul 23, 2024 and is issued by Goldman Sachs.