Goldman Sachs Sees New Investment Amid Market Volatility
Meeder Advisory Services Inc., an institutional investor, has acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the second quarter. According to its most recent disclosure with the Securities and Exchange Commission, Meeder purchased 9,522 shares of the investment management company's stock valued at approximately $9,630,000.
Meeder is not the only institutional investor that has recently added to or reduced their stakes in Goldman Sachs. Vanguard Group Inc., BlackRock Inc., State Street Corp, Fisher Asset Management LLC, and Geode Capital Management LLC have all made significant changes to their holdings of Goldman's stock in the fourth quarter.
Goldman Sachs' core businesses include investment banking, global markets, asset and wealth management, and consumer banking. The company has a one year low of $718.58 and a one year high of $1,153.99, with a market capitalization of $303.21 billion.