GOLDMAN SACHS ETF TR GMUB
MUNI INCOME ETF · ETP · CUSIP 38149W549
61
institutional holders
+8 vs Q1 2026
5.8m
shares reported held*
$297.0mreported value*
17 new
36 added
4 reduced
9 sold out
net bought ≈ $34.9m (+678.5k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $51.44.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2024 | 5 |
| Q4 2024 | 4 |
| Q1 2025 | 6 |
| Q2 2025 | 9 |
| Q3 2025 | 22 |
| Q4 2025 | 40 |
| Q1 2026 | 53 |
| Q2 2026 | 61 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2024 | 3 | 1 |
| Q1 2025 | 3 | 2 |
| Q2 2025 | 6 | 3 |
| Q3 2025 | 19 | 3 |
| Q4 2025 | 30 | 7 |
| Q1 2026 | 42 | 8 |
| Q2 2026 | 53 | 13 |
Biggest buyers
| Private Advisor Group, LLC | New | +171.8k |
| Composition Wealth, LLC | Added | +136.8k |
| JPMORGAN CHASE & CO | Added | +88.8k |
| Betterment LLC | Added | +66.7k |
| Heartwood Wealth Advisors LLC | Added | +55.2k |
| Integrated Wealth Concepts LLC | New | +50.3k |
| Fourth Dimension Wealth, LLC | New | +45.8k |
| Asio Capital, LLC | Added | +42.9k |
| GoalVest Advisory LLC | Added | +41.2k |
| Capital Advisors Wealth Management, LLC | Added | +37.0k |
Biggest sellers
| Mariner, LLC | Sold out | -163.3k |
| MIRAE ASSET SECURITIES (USA) INC. | Sold out | -100.0k |
| FLOW TRADERS U.S. LLC | Sold out | -83.9k |
| JANE STREET GROUP, LLC | Reduced | -61.5k |
| Redhawk Wealth Advisors, Inc. | Sold out | -34.5k |
| Thompson David Blair | Reduced | -7.2k |
| Rosenberg Matthew Hamilton | Sold out | -1.8k |
| AE Wealth Management LLC | Reduced | -357 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Sold out | -67 |
| JONES FINANCIAL COMPANIES LLLP | Sold out | -57 |
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Betterment LLC 0.09% of their portfolio | 1.0m $51.7m | Added +66.7k |
| Composition Wealth, LLC 0.52% of their portfolio | 854.4k $43.9m | Added +136.8k |
| Heartwood Wealth Advisors LLC 1.99% of their portfolio | 497.6k $25.6m | Added +55.2k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 362.3k $18.6m | Added +28.4k |
| GoalVest Advisory LLC 3.33% of their portfolio | 348.6k $17.9m | Added +41.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 288.0k $14.8m | Added +23.4k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.08% of their portfolio | 282.1k $14.5m | Added +17.6k |
| Asio Capital, LLC 1.45% of their portfolio | 220.6k $11.3m | Added +42.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 174.3k $9.0m | Added +88.8k |
| Private Advisor Group, LLC 0.04% of their portfolio | 171.8k $8.8m | New |
| Capital Advisors Wealth Management, LLC 0.97% of their portfolio | 159.7k $8.2m | Added +37.0k |
| Pinion Investment Advisors, LLC 1.53% of their portfolio | 157.2k $8.1m | Added +14.9k |
| Retirement Planning Group, LLC 0.19% of their portfolio | 145.5k $7.5m | Added +23.4k |
| GENTRY PRIVATE WEALTH, LLC 2.95% of their portfolio | 111.4k $5.7m | Added +7.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 98.4k $5.1m | Added +7.9k |
| Berger Financial Group, Inc 0.19% of their portfolio | 74.1k $3.8m | Added +6.1k |
| Sowell Financial Services LLC 0.12% of their portfolio | 71.7k $3.7m | Added +1.3k |
| Farther Finance Advisors, LLC 0.03% of their portfolio | 69.1k $3.6m | Added +2.9k |
| FIRST AMERICAN TRUST, FSB 0.21% of their portfolio | 67.7k $3.5m | Added +35.5k |
| LPL Financial LLC 0.00% of their portfolio | 64.2k $3.3m | Added +34.0k |
| Integrated Wealth Concepts LLC 0.01% of their portfolio | 50.3k $2.6m | New |
| Fourth Dimension Wealth, LLC 0.74% of their portfolio | 45.8k $2.4m | New |
| GGM Financial LLC 0.87% of their portfolio | 44.7k $2.3m | Added +28.8k |
| Syntegra Private Wealth Group, LLC 0.11% of their portfolio | 27.1k $1.4m | New |
| WealthPlan Investment Management, LLC 0.07% of their portfolio | 26.8k $1.4m | Added +12.4k |
| Summit Financial, LLC 0.01% of their portfolio | 26.1k $1.3m | New |
| Thompson David Blair 0.59% of their portfolio | 22.9k $1.2m | Reduced -7.2k |
| &PARTNERS 0.00% of their portfolio | 22.8k $1.2m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 20.5k $1.1m | Reduced -61.5k |
| Perigon Wealth Management, LLC 0.02% of their portfolio | 19.9k $1.0m | Added +1.5k |
| COLTON GROOME FINANCIAL ADVISORS, LLC 0.22% of their portfolio | 17.7k $912.0k | Added +5.9k |
| Landmark Wealth Management, LLC 0.21% of their portfolio | 17.4k $893.0k | Added +3.1k |
| Johnson Bixby & Associates, LLC 0.10% of their portfolio | 17.1k $880.4k | Added +449 |
| Equitable Holdings, Inc. 0.01% of their portfolio | 16.8k $866.1k | Added +2.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 12.6k $650.6k | New |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 12.4k $640.1k | Added +1.2k |
| Miller Capital Partners, Inc. 0.24% of their portfolio | 11.9k $611.1k | Added +610 |
| World Investment Advisors 0.01% of their portfolio | 11.7k $595.5k | Unchanged |
| Weaver Consulting Group 0.11% of their portfolio | 10.8k $558.1k | Added +350 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 10.2k $527.1k | Added +25 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 9.9k $510.0k | New |
| Providence Financial Advisors, LLC 0.28% of their portfolio | 9.6k $494.6k | New |
| WNY Asset Management, LLC 0.04% of their portfolio | 9.3k $480.9k | Added +2.6k |
| MATAURO, LLC 0.05% of their portfolio | 8.0k $411.3k | New |
| AE Wealth Management LLC 0.00% of their portfolio | 7.4k $381.5k | Reduced -357 |
| MGO ONE SEVEN LLC 0.01% of their portfolio | 7.4k $379.0k | Added +1.9k |
| Breakwater Capital Group 0.04% of their portfolio | 6.5k $332.1k | New |
| CASCADE INVESTMENT GROUP, INC. 0.19% of their portfolio | 6.4k $329.9k | New |
| WealthPLAN Partners, LLC 0.06% of their portfolio | 6.3k $323.5k | New |
| Gateway Wealth Partners, LLC 0.02% of their portfolio | 5.9k $303.2k | Added +2.0k |
| Atria Investments, Inc 0.00% of their portfolio | 5.5k $283.5k | New |
| Magnus Financial Group LLC 0.02% of their portfolio | 4.6k $236.0k | Reduced -16 |
| LAUREL OAK WEALTH MANAGEMENT, LLC 0.03% of their portfolio | 4.2k $213.8k | New |
| Ducere Wealth Management LLC 0.06% of their portfolio | 4.0k $207.4k | Added +22 |
| Platform Technology Partners 0.03% of their portfolio | 4.0k $205.8k | New |
| IFP Advisors, Inc 0.00% of their portfolio | 2.9k $150.1k | Added +196 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.0k $53.8k | New |
| Elequin Capital, LP 0.00% of their portfolio | 719 $37.0k | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 204 $10.5k | Added +165 |
| MASECO LLP 0.00% of their portfolio | 43 $2.2k | Unchanged |
| HFM Investment Advisors, LLC 0.00% of their portfolio | 1 $42 | Unchanged |