Farther Finance Advisors LLC Takes Position in Goldman Sachs Municipal Income ETF $GMUB

Farther Finance Advisors LLC purchased a new stake in shares of Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 61,010 shares of the company’s stock, valued at approximately $3,123,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Signaturefd LLC acquired a new stake in shares of Goldman Sachs Municipal Income ETF during the 4th quarter valued at approximately $136,000. WealthPlan Investment Management LLC acquired a new stake in shares of Goldman Sachs Municipal Income ETF during the 3rd quarter valued at approximately $220,000. First American Trust FSB acquired a new stake in shares of Goldman Sachs Municipal Income ETF during the 3rd quarter valued at approximately $411,000. Magnus Financial Group LLC acquired a new stake in shares of Goldman Sachs Municipal Income ETF during the 4th quarter valued at approximately $560,000. Finally, Asio Capital LLC acquired a new stake in shares of Goldman Sachs Municipal Income ETF during the 4th quarter valued at approximately $697,000.

Goldman Sachs Municipal Income ETF Stock Performance

Shares of Goldman Sachs Municipal Income ETF stock opened at $51.39 on Friday. Goldman Sachs Municipal Income ETF has a 1 year low of $48.76 and a 1 year high of $52.23. The business has a 50 day moving average price of $51.42 and a 200 day moving average price of $51.26.

Goldman Sachs Municipal Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a dividend of $0.1412 per share. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, March 2nd.

Goldman Sachs Municipal Income ETF Company Profile

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.