XY Planning Network Inc. Makes New $830,000 Investment in Goldman Sachs Ultra Short Municipal Income ETF $GUMI

XY Planning Network Inc. acquired a new stake in Goldman Sachs Ultra Short Municipal Income ETF (NYSEARCA:GUMI) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 16,471 shares of the company’s stock, valued at approximately $830,000. XY Planning Network Inc. owned 1.65% of Goldman Sachs Ultra Short Municipal Income ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Citadel Advisors LLC raised its position in shares of Goldman Sachs Ultra Short Municipal Income ETF by 5.8% in the third quarter. Citadel Advisors LLC now owns 5,260 shares of the company’s stock valued at $265,000 after buying an additional 289 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Goldman Sachs Ultra Short Municipal Income ETF by 10.9% in the first quarter. Jane Street Group LLC now owns 28,061 shares of the company’s stock valued at $1,409,000 after buying an additional 2,767 shares during the period. Keebeck Wealth Management acquired a new stake in Goldman Sachs Ultra Short Municipal Income ETF during the first quarter worth approximately $200,000. Betterment LLC grew its position in Goldman Sachs Ultra Short Municipal Income ETF by 37.5% during the fourth quarter. Betterment LLC now owns 46,690 shares of the company’s stock worth $2,348,000 after buying an additional 12,736 shares in the last quarter. Finally, Sfmg LLC bought a new position in Goldman Sachs Ultra Short Municipal Income ETF during the 4th quarter worth $748,000.

Goldman Sachs Ultra Short Municipal Income ETF Stock Up 0.0%

Shares of NYSEARCA GUMI opened at $50.26 on Thursday. The business has a fifty day moving average price of $50.33 and a two-hundred day moving average price of $50.34. Goldman Sachs Ultra Short Municipal Income ETF has a fifty-two week low of $50.07 and a fifty-two week high of $51.00.

About Goldman Sachs Ultra Short Municipal Income ETF

The Goldman Sachs Ultra Short Municipal Income ETF (GUMI) is an exchange-traded fund that mostly invests in investment grade 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 maintain an average portfolio duration of .5 years (about 6 months) GUMI was launched on Jul 23, 2024 and is issued by Goldman Sachs.