HighTower Advisors LLC Grows Position in Goldman Sachs Dynamic California Municipal Income ETF $GCAL

HighTower Advisors LLC raised its holdings in Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) by 448.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,470 shares of the company’s stock after acquiring an additional 20,008 shares during the period. HighTower Advisors LLC owned approximately 0.82% of Goldman Sachs Dynamic California Municipal Income ETF worth $1,246,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Zone Wealth Advisors LLC purchased a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 4th quarter valued at about $280,000. Wolff Wiese Magana LLC purchased a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 4th quarter valued at about $300,000. Robertson Stephens Wealth Management LLC purchased a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 4th quarter valued at about $466,000. Planned Solutions Inc. raised its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 39.4% in the 4th quarter. Planned Solutions Inc. now owns 15,624 shares of the company’s stock valued at $795,000 after acquiring an additional 4,418 shares in the last quarter. Finally, Magnus Financial Group LLC raised its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 271.2% in the 4th quarter. Magnus Financial Group LLC now owns 16,707 shares of the company’s stock valued at $850,000 after acquiring an additional 12,206 shares in the last quarter.

Goldman Sachs Dynamic California Municipal Income ETF Stock Down 0.1%

NYSEARCA:GCAL opened at $50.95 on Thursday. The business’s 50-day moving average price is $50.79 and its two-hundred day moving average price is $51.00. Goldman Sachs Dynamic California Municipal Income ETF has a twelve month low of $49.20 and a twelve month high of $51.72.

Goldman Sachs Dynamic California Municipal Income ETF 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.