Goldman Sachs Municipal Income ETF
GMUB
8 hedge funds and large institutions have $40.2M invested in Goldman Sachs Municipal Income ETF in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
364% more capital invested
Capital invested by funds: $8.68M → $40.2M (+$31.6M)
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
60% more funds holding
Funds holding: 5 → 8 (+3)
18.28% more ownership
Funds ownership: 62.32% → 80.61% (+18%)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
+$26.2M |
| 2 |
Jane Street
New York
|
+$2.36M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$2.2M |
| 4 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$2.14M |
| 5 |
P
&Partners
Nashville,
Tennessee
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.62M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$901K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$17.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Betterment LLC
New York
| $26.5M | +$26.2M | +530,048 | New |
|
|
2
Goldman Sachs
New York
| $3.41M | -$2.62M | -53,018 | -44% |
|
|
3
Jane Street
New York
| $3.19M | +$2.36M | +47,874 | +298% |
|
|
RPGK
4
Retirement Planning Group (Kansas)
Leawood,
Kansas
| $2.79M | +$2.14M | +43,276 | +345% |
|
|
SFS
5
Sowell Financial Services
North Little Rock,
Arkansas
| $2.22M | +$2.2M | +44,519 | New |
|
|
P
6
&Partners
Nashville,
Tennessee
| $1.01M | +$995K | +20,159 | New |
|
|
LWMNY
7
Landmark Wealth Management (New York)
Melville,
New York
| $864K | +$854K | +17,311 | New |
|
|
FTUS
8
Flow Traders U.S.
New York
| $299K | -$901K | -18,258 | -75% |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$17.9K | -361 | Closed |
|
GMUB Hedge Fund Activity: Q2 2025 in Review
8 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs Municipal Income ETF (GMUB) for Q2 2025, worth a combined $40.2M — up 364% from $8.68M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GMUB positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Betterment LLC, opening a new position worth an estimated $26.2M. The largest seller was Goldman Sachs, cutting an estimated $2.62M.
- 8 institutional investors held Goldman Sachs Municipal Income ETF (GMUB) as of Q2 2025, up from 5 in Q1 2025.
- Funds reported $40.2M of Goldman Sachs Municipal Income ETF stock for Q2 2025, up 364% quarter-over-quarter.
- 4 funds opened new Goldman Sachs Municipal Income ETF positions in Q2 2025 and 1 closed out, a net change of +3 holders.
- The largest Goldman Sachs Municipal Income ETF buyer in Q2 2025 was Betterment LLC, an estimated $26.2M added.
- The largest Goldman Sachs Municipal Income ETF seller in Q2 2025 was Goldman Sachs, an estimated $2.62M sold.
Based on aggregated 13F filings for Q2 2025.