Flow Traders U.S. LLC Buys Shares of 116,948 Goldman Sachs Dynamic California Municipal Income ETF $GCAL

Flow Traders U.S. LLC bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) in the third quarter, Holdings Channel reports. The fund bought 116,948 shares of the company’s stock, valued at approximately $5,931,000.

Several other large investors also recently modified their holdings of the stock. Miracle Mile Advisors LLC purchased a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF during the 3rd quarter worth approximately $81,456,000. Cerity Partners LLC purchased a new position in Goldman Sachs Dynamic California Municipal Income ETF in the second quarter valued at approximately $5,955,000. Goldman Sachs Group Inc. lifted its stake in Goldman Sachs Dynamic California Municipal Income ETF by 24.1% in the first quarter. Goldman Sachs Group Inc. now owns 101,189 shares of the company’s stock valued at $5,071,000 after purchasing an additional 19,677 shares during the last quarter. First American Trust FSB bought a new position in Goldman Sachs Dynamic California Municipal Income ETF during the third quarter valued at $2,598,000. Finally, Curated Wealth Partners LLC grew its holdings in Goldman Sachs Dynamic California Municipal Income ETF by 2.6% during the third quarter. Curated Wealth Partners LLC now owns 42,745 shares of the company’s stock valued at $2,168,000 after purchasing an additional 1,070 shares during the period.

Goldman Sachs Dynamic California Municipal Income ETF Price Performance

NYSEARCA:GCAL opened at $51.03 on Monday. The business has a fifty day simple moving average of $51.27 and a two-hundred day simple moving average of $50.94. Goldman Sachs Dynamic California Municipal Income ETF has a 1 year low of $47.72 and a 1 year high of $51.72.

Goldman Sachs Dynamic California Municipal Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1439 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.4%.

About Goldman Sachs Dynamic California Municipal Income ETF

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.