Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) Short Interest Update

Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 13,373 shares, a decline of 57.2% from the April 30th total of 31,279 shares. Based on an average daily trading volume, of 26,174 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Betterment LLC grew its position in shares of Goldman Sachs Municipal Income ETF by 7.2% in the 4th quarter. Betterment LLC now owns 831,786 shares of the company’s stock worth $42,579,000 after buying an additional 55,894 shares during the last quarter. GoalVest Advisory LLC grew its position in Goldman Sachs Municipal Income ETF by 73.5% during the 4th quarter. GoalVest Advisory LLC now owns 271,777 shares of the company’s stock worth $13,912,000 after purchasing an additional 115,165 shares during the last quarter. Pinion Investment Advisors LLC grew its position in Goldman Sachs Municipal Income ETF by 71.2% during the 4th quarter. Pinion Investment Advisors LLC now owns 136,311 shares of the company’s stock worth $6,978,000 after purchasing an additional 56,673 shares during the last quarter. Retirement Planning Group LLC grew its position in Goldman Sachs Municipal Income ETF by 37.9% during the 1st quarter. Retirement Planning Group LLC now owns 122,173 shares of the company’s stock worth $6,225,000 after purchasing an additional 33,582 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Goldman Sachs Municipal Income ETF by 39.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 121,288 shares of the company’s stock worth $6,031,000 after purchasing an additional 34,403 shares during the last quarter.

Goldman Sachs Municipal Income ETF Stock Up 0.2%

Shares of Goldman Sachs Municipal Income ETF stock traded up $0.09 on Friday, reaching $51.30. The stock had a trading volume of 20,097 shares, compared to its average volume of 51,746. The company has a 50 day moving average price of $51.13 and a 200 day moving average price of $51.29. Goldman Sachs Municipal Income ETF has a 1 year low of $48.95 and a 1 year high of $52.23.

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.