Masso Torrence Wealth Management Inc. Acquires New Holdings in Goldman Sachs Municipal Income ETF $GMUB

Masso Torrence Wealth Management Inc. acquired a new position in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 44,875 shares of the company’s stock, valued at approximately $2,283,000. Goldman Sachs Municipal Income ETF accounts for about 0.9% of Masso Torrence Wealth Management Inc.’s portfolio, making the stock its 25th biggest position.

A number of other large investors have also recently bought and sold shares of GMUB. Sowell Financial Services LLC increased its holdings in Goldman Sachs Municipal Income ETF by 54.5% during the 3rd quarter. Sowell Financial Services LLC now owns 68,788 shares of the company’s stock worth $3,500,000 after purchasing an additional 24,269 shares in the last quarter. HBK Sorce Advisory LLC bought a new stake in shares of Goldman Sachs Municipal Income ETF during the 3rd quarter worth $3,974,000. Betterment LLC bought a new stake in Goldman Sachs Municipal Income ETF in the second quarter worth about $26,460,000. Goldman Sachs Group Inc. lifted its stake in Goldman Sachs Municipal Income ETF by 39.6% in the first quarter. Goldman Sachs Group Inc. now owns 121,288 shares of the company’s stock valued at $6,031,000 after purchasing an additional 34,403 shares during the last quarter. Finally, Retirement Planning Group LLC lifted its position in shares of Goldman Sachs Municipal Income ETF by 345.5% during the 2nd quarter. Retirement Planning Group LLC now owns 55,803 shares of the company’s stock valued at $2,786,000 after buying an additional 43,276 shares during the last quarter.

Goldman Sachs Municipal Income ETF Stock Performance

NYSEARCA:GMUB opened at $51.17 on Wednesday. Goldman Sachs Municipal Income ETF has a 1 year low of $44.00 and a 1 year high of $51.96. The stock’s fifty day moving average price is $51.12 and its two-hundred day moving average price is $50.51.

Goldman Sachs Municipal Income ETF 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.