Johnson Bixby & Associates LLC Makes New Investment in Goldman Sachs Municipal Income ETF $GMUB

Johnson Bixby & Associates LLC acquired a new stake in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) in the 1st quarter, HoldingsChannel.com reports. The firm acquired 16,667 shares of the company’s stock, valued at approximately $849,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GMUB. Asio Capital LLC purchased a new position in shares of Goldman Sachs Municipal Income ETF in the 4th quarter worth approximately $697,000. Redhawk Wealth Advisors Inc. purchased a new stake in shares of Goldman Sachs Municipal Income ETF during the fourth quarter valued at approximately $1,681,000. JPMorgan Chase & Co. purchased a new stake in shares of Goldman Sachs Municipal Income ETF during the third quarter valued at approximately $1,906,000. Gentry Private Wealth LLC lifted its holdings in Goldman Sachs Municipal Income ETF by 73.2% during the fourth quarter. Gentry Private Wealth LLC now owns 86,249 shares of the company’s stock worth $4,415,000 after acquiring an additional 36,450 shares during the period. Finally, Flow Traders U.S. LLC lifted its holdings in Goldman Sachs Municipal Income ETF by 1,600.6% during the third quarter. Flow Traders U.S. LLC now owns 101,885 shares of the company’s stock worth $5,183,000 after acquiring an additional 95,894 shares during the period.

Goldman Sachs Municipal Income ETF Price Performance

GMUB stock opened at $51.34 on Monday. The stock’s fifty day simple moving average is $51.22 and its two-hundred day simple moving average is $51.31. Goldman Sachs Municipal Income ETF has a 1-year low of $49.41 and a 1-year high of $52.23.

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.