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CIBC Trims Goldman Sachs Stake

Guavy AI Editorial Team
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GS
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CIBC World Market Inc., a financial institution, reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 16.8% during the second quarter, according to the latest filing with the Securities and Exchange Commission.

The fund owned approximately 186,608 shares of the investment management company's stock after selling 37,699 shares during the period.

CIBC World Market Inc.'s holdings in Goldman Sachs are valued at $188.7 million as of its most recent filing with the SEC.

This is not the only change to institutional investors' positions in Goldman Sachs; other funds have also made adjustments to their holdings in the company during the second quarter.

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