Hennion & Walsh Asset Management Inc. Makes New $510,000 Investment in Goldman Sachs Dynamic California Municipal Income ETF $GCAL

Hennion & Walsh Asset Management Inc. acquired a new position in Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) during the second quarter, according to its most recent filing with the SEC. The firm acquired 9,969 shares of the company’s stock, valued at approximately $510,000. Hennion & Walsh Asset Management Inc. owned about 0.29% of Goldman Sachs Dynamic California Municipal Income ETF as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Contango Wealth Management LLC raised its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 25.0% during the first quarter. Contango Wealth Management LLC now owns 7,569 shares of the company’s stock valued at $383,000 after acquiring an additional 1,515 shares in the last quarter. Financial Management Network Inc. lifted its stake in Goldman Sachs Dynamic California Municipal Income ETF by 5.8% in the first quarter. Financial Management Network Inc. now owns 29,911 shares of the company’s stock worth $1,521,000 after acquiring an additional 1,632 shares during the period. International Assets Investment Management LLC bought a new stake in Goldman Sachs Dynamic California Municipal Income ETF in the first quarter valued at $99,000. Planned Solutions Inc. boosted its holdings in Goldman Sachs Dynamic California Municipal Income ETF by 39.4% in the fourth quarter. Planned Solutions Inc. now owns 15,624 shares of the company’s stock valued at $795,000 after acquiring an additional 4,418 shares in the last quarter. Finally, Sage Rhino Capital LLC purchased a new position in Goldman Sachs Dynamic California Municipal Income ETF during the 1st quarter valued at $229,000.

Goldman Sachs Dynamic California Municipal Income ETF Stock Performance

Shares of NYSEARCA GCAL opened at $50.64 on Friday. Goldman Sachs Dynamic California Municipal Income ETF has a 12 month low of $49.64 and a 12 month high of $52.09. The firm has a fifty day simple moving average of $50.84 and a two-hundred day simple moving average of $50.95.

About Goldman Sachs Dynamic California Municipal Income ETF

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.