Goldman Sachs Community Municipal Bond ETF (NYSEARCA:GMUN – Get Free Report) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 51 shares, a drop of 83.5% from the April 30th total of 309 shares. Based on an average daily volume of 1,724 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.
Goldman Sachs Community Municipal Bond ETF Stock Performance
Shares of GMUN stock traded up $0.02 during mid-day trading on Friday, reaching $49.94. 1,378 shares of the stock traded hands, compared to its average volume of 2,217. The stock’s fifty day simple moving average is $50.26 and its two-hundred day simple moving average is $50.66. Goldman Sachs Community Municipal Bond ETF has a 1-year low of $48.92 and a 1-year high of $51.53.
Institutional Trading of Goldman Sachs Community Municipal Bond ETF
A hedge fund recently raised its stake in Goldman Sachs Community Municipal Bond ETF stock. Goldman Sachs Group Inc. grew its position in shares of Goldman Sachs Community Municipal Bond ETF (NYSEARCA:GMUN – Free Report) by 0.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 160,433 shares of the company’s stock after purchasing an additional 1,328 shares during the quarter. Goldman Sachs Group Inc. owned approximately 80.22% of Goldman Sachs Community Municipal Bond ETF worth $7,885,000 as of its most recent SEC filing.
About Goldman Sachs Community Municipal Bond ETF
The Goldman Sachs Community Municipal Bond ETF (GMUN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of intermediate-term, investment grade US municipal bonds that target education, healthcare, clean water, and other community-related initiatives. GMUN was launched on Mar 7, 2023 and is managed by Goldman Sachs.
Featured Stories
- Five stocks we like better than Goldman Sachs Community Municipal Bond ETF
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
- Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet
Receive News & Ratings for Goldman Sachs Community Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs Community Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
