Goldman Sachs Sees New Investment from Stonebridge Capital Management

Stonebridge Capital Management Inc., a financial services firm, has acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS), according to its recent disclosure with the Securities and Exchange Commission (SEC).

The company purchased 1,075 shares of The Goldman Sachs Group's stock valued at approximately $1,087,000 during the second quarter.

This acquisition comes as other large investors have also modified their holdings in the investment management company. Pure Financial Advisors LLC bought a new position in shares of The Goldman Sachs Group in the second quarter worth approximately $1,625,000.

The Goldman Sachs Group has seen significant growth in its revenue and earnings per share, with a 39.4% increase in quarterly revenue compared to the same period last year.