Verus Capital Partners LLC Makes New Investment in Goldman Sachs Municipal Income ETF $GMUB

Verus Capital Partners LLC bought a new position in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 28,195 shares of the company’s stock, valued at approximately $1,376,000. Verus Capital Partners LLC owned 0.21% of Goldman Sachs Municipal Income ETF at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Colton Groome Financial Advisors LLC lifted its position in shares of Goldman Sachs Municipal Income ETF by 6.8% during the third quarter. Colton Groome Financial Advisors LLC now owns 18,940 shares of the company’s stock worth $924,000 after purchasing an additional 1,210 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in Goldman Sachs Municipal Income ETF by 27.3% during the 1st quarter. Sanctuary Advisors LLC now owns 11,204 shares of the company’s stock valued at $571,000 after purchasing an additional 2,404 shares in the last quarter. Johnson Bixby & Associates LLC grew its holdings in Goldman Sachs Municipal Income ETF by 21.0% during the 3rd quarter. Johnson Bixby & Associates LLC now owns 20,714 shares of the company’s stock valued at $1,011,000 after purchasing an additional 3,598 shares in the last quarter. Gateway Wealth Partners LLC purchased a new stake in Goldman Sachs Municipal Income ETF during the 1st quarter worth $201,000. Finally, Heartwood Wealth Advisors LLC increased its stake in Goldman Sachs Municipal Income ETF by 0.8% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 501,612 shares of the company’s stock worth $24,479,000 after buying an additional 4,054 shares during the period.

Goldman Sachs Municipal Income ETF Stock Performance

Shares of GMUB stock opened at $50.58 on Monday. Goldman Sachs Municipal Income ETF has a 12 month low of $48.38 and a 12 month high of $52.23. The company’s fifty day moving average price is $49.66 and its two-hundred day moving average price is $50.84.

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.