Bank of America Corp DE Trims Position in Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER)

Bank of America Corp DE reduced its stake in Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) by 9.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 567,455 shares of the investment management company’s stock after selling 57,996 shares during the period. Bank of America Corp DE’s holdings in Goldman Sachs MLP and Energy Renassnc Fd were worth $2,996,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Zazove Associates LLC lifted its holdings in shares of Goldman Sachs MLP and Energy Renassnc Fd by 17.8% in the second quarter. Zazove Associates LLC now owns 331,058 shares of the investment management company’s stock worth $1,748,000 after acquiring an additional 49,991 shares during the last quarter. Ellis Investment Partners LLC increased its position in Goldman Sachs MLP and Energy Renassnc Fd by 26.2% during the 2nd quarter. Ellis Investment Partners LLC now owns 479,231 shares of the investment management company’s stock valued at $2,549,000 after purchasing an additional 99,582 shares during the period. H D Vest Advisory Services acquired a new stake in Goldman Sachs MLP and Energy Renassnc Fd during the 2nd quarter valued at approximately $100,000. Advisor Group Inc. increased its position in Goldman Sachs MLP and Energy Renassnc Fd by 20.7% during the 2nd quarter. Advisor Group Inc. now owns 17,463 shares of the investment management company’s stock valued at $93,000 after purchasing an additional 3,000 shares during the period. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Goldman Sachs MLP and Energy Renassnc Fd during the 2nd quarter valued at approximately $27,000.

NYSE:GER traded up $0.01 on Friday, reaching $4.52. 548,523 shares of the stock traded hands, compared to its average volume of 304,145. The company’s 50 day moving average is $4.71 and its 200-day moving average is $5.08. Goldman Sachs MLP and Energy Renassnc Fd has a 1-year low of $3.88 and a 1-year high of $5.92.

Goldman Sachs MLP and Energy Renassnc Fd Profile

Goldman Sachs MLP and Energy Renaissance Fund is a closed-ended equity mutual fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector. The fund primarily invests in growth stocks of Master Limited Partnerships and related energy companies across all market capitalizations, with a focus on midstream MLP investments.

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Institutional Ownership by Quarter for Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER)

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