Bryn Mawr Trust Acquires New Stake in The Goldman Sachs Group

Bryn Mawr Trust Advisors LLC acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor purchased 5,571 shares of the investment management company's stock, valued at approximately $5,635,000.

Other hedge funds and institutional investors also recently added to or reduced their stakes in The Goldman Sachs Group. Vanguard Group Inc. boosted its stake in shares of The Goldman Sachs Group by 1.5% during the 4th quarter, while State Street Corp grew its position in shares of The Goldman Sachs Group by 2.1%.

Goldman Sachs' core businesses include investment banking, global markets, asset and wealth management. The company reported $20.98 earnings per share for the quarter, topping analysts' consensus estimates of $14.47 by $6.51.