HighTower Advisors LLC Buys 20,008 Shares of Goldman Sachs Dynamic California Municipal Income ETF $GCAL

HighTower Advisors LLC increased its stake in shares of Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) by 448.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,470 shares of the company’s stock after acquiring an additional 20,008 shares during the quarter. HighTower Advisors LLC’s holdings in Goldman Sachs Dynamic California Municipal Income ETF were worth $1,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of GCAL. Blue Zone Wealth Advisors LLC bought a new position in Goldman Sachs Dynamic California Municipal Income ETF during the 4th quarter worth approximately $280,000. Wolff Wiese Magana LLC bought a new position in Goldman Sachs Dynamic California Municipal Income ETF during the 4th quarter worth approximately $300,000. Robertson Stephens Wealth Management LLC bought a new position in Goldman Sachs Dynamic California Municipal Income ETF during the 4th quarter worth approximately $466,000. Planned Solutions Inc. grew its position in Goldman Sachs Dynamic California Municipal Income ETF by 39.4% during the 4th quarter. Planned Solutions Inc. now owns 15,624 shares of the company’s stock worth $795,000 after acquiring an additional 4,418 shares during the last quarter. Finally, Magnus Financial Group LLC grew its position in Goldman Sachs Dynamic California Municipal Income ETF by 271.2% during the 4th quarter. Magnus Financial Group LLC now owns 16,707 shares of the company’s stock worth $850,000 after acquiring an additional 12,206 shares during the last quarter.

Goldman Sachs Dynamic California Municipal Income ETF Stock Performance

GCAL opened at $50.95 on Thursday. The stock’s 50 day simple moving average is $50.79 and its 200 day simple moving average is $51.00. Goldman Sachs Dynamic California Municipal Income ETF has a 1 year low of $49.20 and a 1 year high of $51.72.

Goldman Sachs Dynamic California Municipal Income ETF Profile

The Goldman Sachs Dynamic California Municipal Income ETF (GCAL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income by investing in municipal securities exempt from federal and California state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration GCAL was launched on Jul 23, 2024 and is issued by Goldman Sachs.