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

Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,880 shares, a decrease of 91.3% from the August 31st total of 21,665 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 84,617 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Goldman Sachs Municipal Income ETF

A number of hedge funds have recently bought and sold shares of GMUB. Sanctuary Advisors LLC grew its stake in shares of Goldman Sachs Municipal Income ETF by 27.3% in the 1st quarter. Sanctuary Advisors LLC now owns 11,204 shares of the company’s stock worth $571,000 after buying an additional 2,404 shares in the last quarter. Gateway Wealth Partners LLC purchased a new stake in shares of Goldman Sachs Municipal Income ETF during the 1st quarter valued at about $201,000. World Investment Advisors raised its position in shares of Goldman Sachs Municipal Income ETF by 59.7% during the 1st quarter. World Investment Advisors now owns 11,688 shares of the company’s stock valued at $596,000 after buying an additional 4,370 shares in the last quarter. Breakwater Capital Group bought a new position in shares of Goldman Sachs Municipal Income ETF in the 2nd quarter valued at about $332,000. Finally, WNY Asset Management LLC bought a new position in shares of Goldman Sachs Municipal Income ETF in the 1st quarter valued at about $343,000.

Goldman Sachs Municipal Income ETF Stock Down 0.5%

Shares of NYSEARCA GMUB traded down $0.24 during midday trading on Friday, reaching $48.93. 567,441 shares of the stock traded hands, compared to its average volume of 71,769. Goldman Sachs Municipal Income ETF has a one year low of $48.90 and a one year high of $52.23. The company’s 50 day moving average is $50.42 and its 200 day moving average is $50.94.

About Goldman Sachs Municipal Income ETF

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.