Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB – Get Free Report) saw a large decrease in short interest during the month of 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 sold short. Based on an average trading volume of 84,617 shares, the short-interest ratio is currently 0.0 days.
Goldman Sachs Municipal Income ETF Trading Down 0.2%
GMUB traded down $0.10 during trading on Thursday, reaching $49.17. The company’s stock had a trading volume of 131,796 shares, compared to its average volume of 69,061. The firm has a fifty day simple moving average of $50.46 and a two-hundred day simple moving average of $50.96. Goldman Sachs Municipal Income ETF has a 1 year low of $49.08 and a 1 year high of $52.23.
Institutional Trading of Goldman Sachs Municipal Income ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Gateway Wealth Partners LLC acquired a new position in shares of Goldman Sachs Municipal Income ETF during the 1st quarter valued at about $201,000. Breakwater Capital Group acquired a new stake in Goldman Sachs Municipal Income ETF during the second quarter worth about $332,000. WNY Asset Management LLC acquired a new stake in Goldman Sachs Municipal Income ETF during the first quarter worth about $343,000. World Investment Advisors purchased a new position in Goldman Sachs Municipal Income ETF during the fourth quarter worth about $375,000. Finally, Fifth Third Bancorp purchased a new position in Goldman Sachs Municipal Income ETF during the first quarter worth about $521,000.
Goldman Sachs Municipal Income ETF Company 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.
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