Hennion & Walsh Asset Management Inc. lifted its holdings in Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY – Free Report) by 26.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,980 shares of the company’s stock after acquiring an additional 12,001 shares during the period. Hennion & Walsh Asset Management Inc. owned approximately 7.12% of Goldman Sachs Dynamic New York Municipal Income ETF worth $2,868,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in shares of Goldman Sachs Dynamic New York Municipal Income ETF during the 4th quarter valued at about $193,000. WNY Asset Management LLC bought a new stake in Goldman Sachs Dynamic New York Municipal Income ETF in the first quarter worth approximately $496,000. Finally, Composition Wealth LLC increased its holdings in Goldman Sachs Dynamic New York Municipal Income ETF by 6.1% in the fourth quarter. Composition Wealth LLC now owns 291,606 shares of the company’s stock worth $14,566,000 after purchasing an additional 16,820 shares in the last quarter.
Goldman Sachs Dynamic New York Municipal Income ETF Price Performance
Shares of GMNY opened at $49.73 on Tuesday. Goldman Sachs Dynamic New York Municipal Income ETF has a 52-week low of $48.69 and a 52-week high of $50.86. The business’s 50 day moving average price is $50.02 and its two-hundred day moving average price is $50.09.
Goldman Sachs Dynamic New York Municipal Income ETF Company Profile
The Goldman Sachs Dynamic New York Municipal Income ETF (GMNY) 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 New York state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration. GMNY was launched on Jul 23, 2024 and is issued by Goldman Sachs.
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