Goldman Sachs Stake Reduced by Major Investment Firm
J.L. Bainbridge & Co. Inc., an investment management firm, has made adjustments to its stock holdings in The Goldman Sachs Group, Inc.
The company trimmed its position by 1.7% in the second quarter, selling 1,471 shares of GS, which is valued at approximately $84.54 million.
This adjustment makes up about 6.7% of J.L. Bainbridge & Co. Inc.'s total holdings, with The Goldman Sachs Group being its fourth-largest position.