Weaver Consulting Group Buys 11,444 Shares of Goldman Sachs Dynamic California Municipal Income ETF $GCAL

Weaver Consulting Group boosted its stake in Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) by 130.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,194 shares of the company’s stock after purchasing an additional 11,444 shares during the period. Weaver Consulting Group’s holdings in Goldman Sachs Dynamic California Municipal Income ETF were worth $1,024,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GCAL. Curated Wealth Partners LLC increased its stake in shares of Goldman Sachs Dynamic California Municipal Income ETF by 2.6% in the third quarter. Curated Wealth Partners LLC now owns 42,745 shares of the company’s stock worth $2,168,000 after buying an additional 1,070 shares during the period. Richards Merrill & Peterson Inc. bought a new stake in Goldman Sachs Dynamic California Municipal Income ETF in the 3rd quarter worth $76,000. Financial Management Network Inc. increased its position in shares of Goldman Sachs Dynamic California Municipal Income ETF by 12.8% in the third quarter. Financial Management Network Inc. now owns 24,036 shares of the company’s stock valued at $1,216,000 after acquiring an additional 2,727 shares during the period. Planned Solutions Inc. raised its stake in shares of Goldman Sachs Dynamic California Municipal Income ETF by 41.3% during the third quarter. Planned Solutions Inc. now owns 11,206 shares of the company’s stock valued at $568,000 after acquiring an additional 3,273 shares during the last quarter. Finally, Magnus Financial Group LLC purchased a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF during the third quarter worth about $228,000.

Goldman Sachs Dynamic California Municipal Income ETF Price Performance

NYSEARCA GCAL opened at $51.65 on Thursday. Goldman Sachs Dynamic California Municipal Income ETF has a 1 year low of $47.72 and a 1 year high of $51.67. The business’s 50-day moving average is $51.20 and its 200 day moving average is $50.81.

Goldman Sachs Dynamic California Municipal Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were given a $0.1546 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, February 2nd.

Goldman Sachs Dynamic California Municipal Income ETF Company Profile

The Goldman Sachs Dynamic California Municipal Income ETF (GCAL) 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 California state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration GCAL was launched on Jul 23, 2024 and is issued by Goldman Sachs.