Royal London Cuts Goldman Stake Amid Market Volatility

Royal London Asset Management Ltd., an investment firm, has decreased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.9% in the second quarter. This is according to the company's most recent 13F filing with the Securities and Exchange Commission (SEC). Royal London Asset Management Ltd. owned approximately 0.09% of The Goldman Sachs Group worth $252,617,000 at the end of the most recent reporting period.

The firm sold 4,904 shares during the quarter, resulting in a total of 249,777 shares of The Goldman Sachs Group's stock being owned by Royal London Asset Management Ltd. This decrease in holdings is one of several changes to investments made by hedge funds and institutional investors in the second quarter.