Goldman Sachs Municipal Income ETF
GMUB
52 hedge funds and large institutions have $258M invested in Goldman Sachs Municipal Income ETF in 2026 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 4 reducing their positions, and 3 closing their positions.
575% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 4
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
99% more capital invested
Capital invested by funds: $130M → $258M (+$128M)
33% more funds holding
Funds holding: 39 → 52 (+13)
12.45% more ownership
Funds ownership: 97.64% → 110.09% (+12%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$36.9M |
| 2 |
HWA
Heartwood Wealth Advisors
Richmond,
Virginia
|
+$22.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13.6M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$8.55M |
| 5 |
AC
Asio Capital
Lexington,
Kentucky
|
+$8.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Magnus Financial Group
New York
|
-$326K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$241K |
| 3 |
S
SignatureFD
Atlanta,
Georgia
|
-$136K |
| 4 |
DWM
Ducere Wealth Management
Newport Beach,
California
|
-$25.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$13.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| $662 | -$13.8K | -269 | -95% |
|
|
HIA
52
HFM Investment Advisors
Glassboro,
New Jersey
| $41 | – | – | – |
|
|
S
53
SignatureFD
Atlanta,
Georgia
| – | -$136K | -2,653 | Closed |
|
|
54
Bank of America
Charlotte,
North Carolina
| – | -$13.9K | -272 | Closed |
|
|
OSAM
55
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$51 | -1 | Closed |
|
GMUB Hedge Fund Activity: Q1 2026 in Review
52 of the 8,136 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs Municipal Income ETF (GMUB) for Q1 2026, worth a combined $258M — up 99% from $130M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GMUB positions and 3 closed out — a net gain of 13 holders — while 27 added to existing stakes and 4 trimmed.
The largest buyer was Miracle Mile Advisors, opening a new position worth an estimated $36.9M. The largest seller was Magnus Financial Group, cutting an estimated $326K.
- 52 institutional investors held Goldman Sachs Municipal Income ETF (GMUB) as of Q1 2026, up from 39 in Q4 2025.
- Funds reported $258M of Goldman Sachs Municipal Income ETF stock for Q1 2026, up 99% quarter-over-quarter.
- 16 funds opened new Goldman Sachs Municipal Income ETF positions in Q1 2026 and 3 closed out, a net change of +13 holders.
- The largest Goldman Sachs Municipal Income ETF buyer in Q1 2026 was Miracle Mile Advisors, an estimated $36.9M added.
- The largest Goldman Sachs Municipal Income ETF seller in Q1 2026 was Magnus Financial Group, an estimated $326K sold.
Based on aggregated 13F filings for Q1 2026.