Goldman Sachs Stake Boosted by NFJ Investment Group
NFJ Investment Group LLC has increased its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 202.3% in the second quarter, according to its latest 13F filing with the Securities and Exchange Commission. This translates to an additional 26,440 shares of the investment management company's stock.
The institutional investor now owns approximately 39,512 shares of GS, valued at around $39,961,000 as of its most recent SEC filing. The Goldman Sachs Group makes up about 1.4% of NFJ Investment Group LLC's portfolio, making it the company's 21st largest holding.
Other institutional investors have also modified their holdings in GS during the same period. For instance, Audent Global Asset Management LLC raised its position by 10.1% and now owns 5,238 shares valued at $4,604,000.