Hennion & Walsh Asset Management Inc. Buys 12,001 Shares of Goldman Sachs Dynamic New York Municipal Income ETF $GMNY

Hennion & Walsh Asset Management Inc. grew its stake in shares of Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) by 26.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 56,980 shares of the company’s stock after buying an additional 12,001 shares during the quarter. Hennion & Walsh Asset Management Inc. owned 0.07% of Goldman Sachs Dynamic New York Municipal Income ETF worth $2,868,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in GMNY. Composition Wealth LLC boosted its position in shares of Goldman Sachs Dynamic New York Municipal Income ETF by 6.1% during the 4th 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. Kestra Advisory Services LLC bought a new stake in Goldman Sachs Dynamic New York Municipal Income ETF in the 4th quarter valued at about $193,000. Finally, WNY Asset Management LLC bought a new stake in Goldman Sachs Dynamic New York Municipal Income ETF in the 1st quarter valued at about $496,000.

Goldman Sachs Dynamic New York Municipal Income ETF Stock Up 0.0%

GMNY stock opened at $49.73 on Tuesday. The stock’s 50 day simple moving average is $50.02 and its 200 day simple moving average is $50.09. Goldman Sachs Dynamic New York Municipal Income ETF has a fifty-two week low of $48.69 and a fifty-two week high of $50.86.

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.