Goldman Sachs Sees Stakeholder Shifts Amid Earnings Beat
Acorn Wealth Advisors LLC reduced its stake in The Goldman Sachs Group Inc. (NYSE:GS) by selling 5,110 shares in the second quarter, according to its latest Form 13F filing with the Securities & Exchange Commission.
The fund owned 12,203 shares of the investment management company's stock after the sale and valued its holdings at $551,000 as of the most recent SEC filing.
This is not an isolated instance; other institutional investors have also adjusted their stakes in Goldman Sachs. For example, BOK Financial Private Wealth Inc. increased its position by 188.9% during the second quarter and now owns 26 shares worth approximately $26,000.