Peak Financial Advisors LLC Makes New $12.57 Million Investment in Goldman Sachs Municipal Income ETF $GMUB

Peak Financial Advisors LLC purchased a new position in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 257,560 shares of the company’s stock, valued at approximately $12,569,000. Goldman Sachs Municipal Income ETF accounts for about 5.4% of Peak Financial Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Peak Financial Advisors LLC owned about 2.00% of Goldman Sachs Municipal Income ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Gateway Wealth Partners LLC bought a new stake in Goldman Sachs Municipal Income ETF during the first quarter valued at $201,000. WealthPLAN Partners LLC purchased a new position in Goldman Sachs Municipal Income ETF during the third quarter worth about $208,000. Breakwater Capital Group bought a new position in Goldman Sachs Municipal Income ETF in the 2nd quarter worth about $332,000. WNY Asset Management LLC bought a new position in Goldman Sachs Municipal Income ETF in the 1st quarter worth about $343,000. Finally, IFP Advisors Inc increased its stake in Goldman Sachs Municipal Income ETF by 193.7% in the 3rd quarter. IFP Advisors Inc now owns 8,568 shares of the company’s stock worth $418,000 after acquiring an additional 5,651 shares during the last quarter.

Goldman Sachs Municipal Income ETF Stock Down 0.1%

NYSEARCA:GMUB opened at $50.24 on Friday. The business’s 50-day moving average price is $49.69 and its two-hundred day moving average price is $50.87. Goldman Sachs Municipal Income ETF has a twelve month low of $48.38 and a twelve month 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.