Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.78 and traded as low as $7.33. Goldman Sachs MLP Income Opportun Fund shares last traded at $7.38, with a volume of 87,470 shares.
The stock has a fifty day moving average of $7.77.
In other Goldman Sachs MLP Income Opportun Fund news, EVP Dane E. Holmes sold 2,406 shares of the business’s stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $212.11, for a total value of $510,336.66. Following the completion of the transaction, the executive vice president now owns 7,855 shares of the company’s stock, valued at approximately $1,666,124.05. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Goldman Sachs Group Inc sold 1,785,715 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $14.00, for a total transaction of $25,000,010.00. The disclosure for this sale can be found here.
About Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ)
Goldman Sachs MLP Income Opportunities Fund is a closed ended equity mutual fund launched and managed by Goldman Sachs Asset Management, L.P. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy sector. It primarily invests in "midstream" master limited partnerships that are engaged in the treatment, gathering, compression, processing, transportation, transmission, fractionation, storage, and termination of natural gas, natural gas liquids, crude oil, refined products or coal.
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