GMUB Institutional Ownership & Shareholders
GS MUNICIPAL INCOME ETF (GMUB) is currently held by 69 institutional investors tracked by InsiderSet, with a combined reported market value of approximately $426.48M based on the latest available SEC Form 13F filings for the quarter ended September 30, 2026.
Wealth Enhancement Advisory Services, Llc is currently the largest disclosed institutional shareholder of GMUB tracked by InsiderSet, reporting ownership valued at approximately $97.24M in its September 30, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $100.15M, representing an estimated gain of +3.00% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 72% of the total disclosed GMUB value among the investors covered in this analysis. Major shareholders include Wealth Enhancement Advisory Services, Llc, Betterment Llc, Composition Wealth, Llc, and several other long-term asset managers with concentrated positions in GS MUNICIPAL INCOME ETF (GMUB).
This page ranks the largest institutional GMUB shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
Institutional Holders
69
Total Reported Value
$426.48M
Largest Holder
Wealth Enhancement Advisory Services, Llc
Largest Position
$97.24M
Insider Transactions (90d)
0
Latest Filing Quarter
Q3 2026
New Institutional Positions
88
Funds Exiting Positions
0
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Wealth Enhancement Advisory Services, Llc | 0.15% | 1,995,871 | $97,238,814 | $100,152,807 | +$2,913,993 | +3.00% | |
| Betterment Llc | 0.09% | 1,004,401 | $51,666,000 | $50,400,842 | -$1,265,158 | -2.45% | |
| Composition Wealth, Llc | 0.52% | 854,388 | $43,949,723 | $42,873,190 | -$1,076,533 | -2.45% | |
| Heartwood Wealth Advisors Llc | 1.93% | 501,612 | $24,478,666 | $25,170,890 | +$692,224 | +2.83% | |
| Stifel Financial Corp | 0.02% | 362,252 | $18,634,238 | $18,177,805 | -$456,433 | -2.45% | |
| Goalvest Advisory Llc | 3.03% | 358,646 | $17,501,925 | $17,996,856 | +$494,931 | +2.83% | |
| Envestnet Asset Management Inc | 0.00% | 288,016 | $14,815,559 | $14,452,643 | -$362,916 | -2.45% | |
| United Capital Financial Advisors, Llc | 0.08% | 282,139 | $14,513,246 | $14,157,735 | -$355,511 | -2.45% | |
| Peak Financial Advisors Llc | 5.42% | 257,560 | $12,568,946 | $12,924,361 | +$355,415 | +2.83% | |
| Asio Capital, Llc | 1.50% | 249,982 | $12,199,122 | $12,544,097 | +$344,975 | +2.83% | |
| Jpmorgan Chase & Co | 0.00% | 174,326 | $8,981,296 | $8,747,679 | -$233,617 | -2.60% | |
| Keudell/Morrison Wealth Management | 1.57% | 181,280 | $8,846,464 | $9,096,630 | +$250,166 | +2.83% | |
| Private Advisor Group, Llc | 0.04% | 171,806 | $8,837,720 | $8,621,225 | -$216,495 | -2.45% | |
| Capital Advisors Wealth Management, Llc | 0.99% | 179,717 | $8,770,182 | $9,018,199 | +$248,017 | +2.83% | |
| Pinion Investment Advisors, Llc | 1.51% | 174,264 | $8,504,083 | $8,744,568 | +$240,485 | +2.83% | |
| Retirement Planning Group, Llc | 0.20% | 161,773 | $7,894,542 | $8,117,769 | +$223,227 | +2.83% | |
| Gentry Private Wealth, Llc | 2.95% | 111,366 | $5,728,667 | $5,588,346 | -$140,321 | -2.45% | |
| Goldman Sachs Group Inc | 0.00% | 98,419 | $5,062,674 | $4,938,665 | -$124,009 | -2.45% | |
| Berger Financial Group, Inc | 0.19% | 74,142 | $3,813,857 | $3,720,446 | -$93,411 | -2.45% | |
| Sowell Financial Services Llc | 0.12% | 74,804 | $3,650,420 | $3,753,665 | +$103,245 | +2.83% | |
| First American Trust, Fsb | 0.21% | 67,742 | $3,484,649 | $3,399,294 | -$85,355 | -2.45% | |
| Lpl Financial Llc | 0.00% | 64,226 | $3,303,804 | $3,222,861 | -$80,943 | -2.45% | |
| Farther Finance Advisors, Llc | 0.02% | 63,998 | $3,123,102 | $3,211,420 | +$88,318 | +2.83% | |
| Integrated Wealth Concepts Llc | 0.02% | 50,301 | $2,587,468 | $2,524,104 | -$63,364 | -2.45% | |
| Fourth Dimension Wealth, Llc | 0.74% | 45,776 | $2,354,709 | $2,297,040 | -$57,669 | -2.45% | |
| Ggm Financial Llc | 0.87% | 44,732 | $2,301,037 | $2,244,652 | -$56,385 | -2.45% | |
| Diversified Portfolios, Inc. | 0.14% | 40,523 | $1,977,522 | $2,033,444 | +$55,922 | +2.83% | |
| Breakwater Capital Group | 0.23% | 39,828 | $1,943,600 | $1,998,569 | +$54,969 | +2.83% | |
| Atria Investments, Inc | 0.02% | 39,216 | $1,913,741 | $1,967,859 | +$54,118 | +2.83% | |
| Catalyst Investment Management Llc | 1.66% | 38,422 | $1,874,980 | $1,928,016 | +$53,036 | +2.83% | |
| Landmark Wealth Management, Llc | 0.41% | 34,891 | $1,702,671 | $1,750,830 | +$48,159 | +2.83% | |
| Syntegra Private Wealth Group, Llc | 0.11% | 29,607 | $1,444,819 | $1,485,679 | +$40,860 | +2.83% | |
| Verus Capital Partners, Llc | 0.07% | 28,195 | $1,375,916 | $1,414,825 | +$38,909 | +2.83% | |
| Summit Financial, Llc | 0.01% | 26,101 | $1,342,635 | $1,309,748 | -$32,887 | -2.45% | |
| Wealthplan Investment Management, Llc | 0.06% | 24,487 | $1,194,951 | $1,228,758 | +$33,807 | +2.83% | |
| &Partners | 0.00% | 22,799 | $1,172,781 | $1,144,054 | -$28,727 | -2.45% | |
| Fiduciary Financial Group, Llc | 0.13% | 23,521 | $1,147,825 | $1,180,284 | +$32,459 | +2.83% | |
| Jane Street Group, Llc | 0.00% | 20,504 | $1,054,726 | $1,028,891 | -$25,835 | -2.45% | |
| Johnson Bixby & Associates, Llc | 0.11% | 20,714 | $1,010,843 | $1,039,429 | +$28,586 | +2.83% | |
| Colton Groome Financial Advisors, Llc | 0.22% | 18,940 | $924,272 | $950,409 | +$26,137 | +2.83% | |
| Perigon Wealth Management, Llc | 0.01% | 17,917 | $874,325 | $899,075 | +$24,750 | +2.83% | |
| Equitable Holdings, Inc. | 0.01% | 16,838 | $866,147 | $844,931 | -$21,216 | -2.45% | |
| Commonwealth Equity Services, Llc | 0.00% | 16,926 | $825,995 | $849,347 | +$23,352 | +2.83% | |
| Laurel Oak Wealth Management, Llc | 0.10% | 14,893 | $726,778 | $747,331 | +$20,553 | +2.83% | |
| Citadel Advisors Llc | 0.00% | 12,648 | $650,613 | $634,677 | -$15,936 | -2.45% | |
| Sanctuary Advisors, Llc | 0.00% | 12,443 | $640,088 | $624,390 | -$15,698 | -2.45% | |
| Miller Capital Partners, Inc. | 0.24% | 11,880 | $611,108 | $596,138 | -$14,970 | -2.45% | |
| World Investment Advisors | 0.01% | 11,688 | $595,504 | $586,504 | -$9,000 | -1.51% | |
| Weaver Consulting Group | 0.10% | 10,850 | $529,480 | $544,453 | +$14,973 | +2.83% | |
| Fifth Third Bancorp | 0.00% | 10,246 | $527,054 | $514,144 | -$12,910 | -2.45% |
Frequently asked questions about GMUB
Who are the largest institutional holders of GMUB?
The largest institutional holders of GMUB reported in the latest SEC Form 13F filings include Wealth Enhancement Advisory Services, Llc, Betterment Llc, Composition Wealth, Llc, Heartwood Wealth Advisors Llc, and Stifel Financial Corp. InsiderSet ranks institutional holders by their latest reported GMUB position.
What is GMUB institutional ownership?
This page tracks GMUB positions reported by institutional investment managers through SEC Form 13F. GS MUNICIPAL INCOME ETF (GMUB) institutional ownership on InsiderSet reflects disclosed 13F holdings among the managers we analyze, not every shareholder of the stock.
How many institutions own GMUB?
InsiderSet currently tracks 69 institutional managers reporting GMUB holdings in the latest available 13F data. This count reflects institutions included in the SEC Form 13F filings analyzed by InsiderSet and should not be interpreted as the total number of GMUB shareholders.
How much GMUB stock do institutions own?
Institutional investment managers disclosed approximately $426.48M in GMUB holdings for Q3 2026. This figure is reported 13F value as of the filing period, not necessarily today's market value.
When was GMUB institutional ownership last updated?
The latest GMUB institutional ownership data on InsiderSet is based on SEC Form 13F filings for the quarter ended September 30, 2026. Form 13F filings are generally reported after the quarter ends, so the holdings shown represent the latest publicly disclosed positions rather than real-time institutional holdings.
Are institutional GMUB holdings real-time?
No. Form 13F data is not real-time. It represents positions reported by institutional investment managers as of the end of the reporting quarter. An institution may have changed its GMUB position after the reporting date.
Are institutions buying or selling GMUB?
Institutional buying and selling can be analyzed by comparing GMUB positions across consecutive 13F reporting periods. InsiderSet's GMUB Ownership Changes page shows institutions that increased, reduced, initiated, or exited positions based on reported 13F holdings. View GMUB ownership changes.
How has GMUB institutional ownership changed over time?
InsiderSet tracks GMUB institutional holdings across multiple 13F reporting periods, allowing investors to compare institutional holder counts, reported value, and reported shares over time.