GS Municipal Income ETFGMUBETF

13F holders, Q4 2025 (December 31)
40holders +18
18new positions
1sold out
$51.19avg. 13F price*

At the end of Q4 2025, 40 institutions reported holding GS Municipal Income ETF (GMUB) in their 13F filings, up 18 from Q3 2025. 18 opened new positions and 1 sold out. The largest holders were Betterment LLC ($42.6M), Stifel Financial Corp. ($17.3M) and GoalVest Advisory LLC ($13.9M).

Company
GS Municipal Income ETF
Filed as
GOLDMAN SACHS ETF TR (Q4 2025)
CUSIP
38149W549
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080 Q3 2024: 4Q3 2024Q4 2024: 3Q4 2024Q1 2025: 5Q1 2025Q2 2025: 8Q2 2025Q3 2025: 22Q3 2025Q4 2025: 40Q4 2025Q1 2026: 53Q1 2026Q2 2026: 61Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions18$14.6M
Exits1$1K

All 13F filers, Q3 2025 → Q4 2025: 723,291 shares bought and 75,771 shares sold, net +647,520 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 40 holders

Betterment LLC 0.08% Add +7.2% 831,786 $42.6M
Stifel Financial Corp. 0.02% Reduce -2.8% 338,551 $17.3M
GoalVest Advisory LLC 2.66% Add +73.5% 271,777 $13.9M
Pinion Investment Advisors, LLC 1.70% Add +71.2% 136,311 $7.0M
United Capital Financial Advisors, LLC 0.03% New 98,395 $5.0M
Capital Advisors Wealth Management, LLC 0.66% Add +473.6% 94,807 $4.9M
Retirement Planning Group, LLC 0.15% Add +21.0% 88,591 $4.5M
Gentry Private Wealth, LLC 2.78% Add +73.2% 86,249 $4.4M
Goldman Sachs Group Inc. 0.00% Add +64.0% 76,808 $3.9M
Sowell Financial Services LLC 0.13% Add +2.1% 70,243 $3.6M
Farther Finance Advisors, LLC 0.03% New 61,010 $3.1M
Berger Financial Group, Inc 0.18% Reduce -5.0% 59,339 $3.0M
Jane Street Group, LLC 0.00% Add +186.0% 51,042 $2.6M
Flow Traders U.S. LLC 0.07% Reduce -59.1% 41,622 $2.1M
JPMorgan Chase & Co. 0.00% Reduce -5.1% 35,557 $1.8M
Thompson David Blair 1.00% — 34,228 $1.8M
Redhawk Wealth Advisors, Inc. 0.19% New 32,846 $1.7M
&partners 0.01% Add +7.8% 22,799 $1.2M
First American Trust, FSB 0.07% Add +145.6% 19,839 $1.0M
Asio Capital, LLC 0.10% New 13,611 $697K
Equitable Holdings, Inc. 0.00% New 11,827 $605K
Colton Groome Financial Advisors, LLC 0.17% New 11,405 $584K
Magnus Financial Group LLC 0.04% New 10,940 $560K
Landmark Wealth Management, LLC 0.21% Reduce -4.0% 10,904 $558K
LPL Financial LLC 0.00% New 10,561 $541K
Weaver Consulting Group 0.13% New 10,500 $537K
Sanctuary Advisors, LLC 0.00% New 8,800 $450K
World Investment Advisors 0.01% New 7,318 $375K
WealthPlan Investment Management, LLC 0.02% Add +69.0% 7,317 $375K
Miller Capital Partners, Inc. 0.16% — 5,960 $305K
Ducere Wealth Management LLC 0.09% — 4,498 $230K
Signaturefd, LLC 0.00% New 2,653 $136K
AE Wealth Management LLC 0.00% New 2,257 $116K
GGM Financial LLC 0.05% New 1,977 $101K
UBS Group AG 0.00% Reduce -50.4% 282 $14K
Bank of America Corp. 0.00% New 272 $14K
Maseco LLP 0.00% No change 43 $2K
Rockefeller Capital Management L.P. 0.00% New 39 $2K
O'shaughnessy Asset Management, LLC 0.00% New 1 $51
HFM Investment Advisors, LLC 0.00% New 1 $28

"% of holder's portfolio" is GMUB's weight in each manager's 13F, not the share of GS Municipal Income ETF the manager owns.