Magnus Financial Group LLC Invests $736,000 in Goldman Sachs Dynamic New York Municipal Income ETF $GMNY

Magnus Financial Group LLC purchased a new position in shares of Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,783 shares of the company’s stock, valued at approximately $736,000.

Separately, Hennion & Walsh Asset Management Inc. bought a new stake in shares of Goldman Sachs Dynamic New York Municipal Income ETF in the third quarter valued at approximately $296,000.

Goldman Sachs Dynamic New York Municipal Income ETF Stock Performance

Goldman Sachs Dynamic New York Municipal Income ETF stock opened at $50.31 on Friday. The stock’s fifty day moving average price is $50.00 and its two-hundred day moving average price is $49.53. Goldman Sachs Dynamic New York Municipal Income ETF has a one year low of $47.36 and a one year high of $50.51.

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.