Stratos Wealth Partners LTD. raised its position in Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) by 80.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,274 shares of the investment management company’s stock after buying an additional 9,500 shares during the period. Stratos Wealth Partners LTD.’s holdings in Goldman Sachs MLP and Energy Renassnc Fd were worth $153,000 as of its most recent SEC filing.
Shares of Goldman Sachs MLP and Energy Renassnc Fd (GER) opened at 6.70 on Friday. Goldman Sachs MLP and Energy Renassnc Fd has a 52 week low of $6.29 and a 52 week high of $8.90. The stock’s 50 day moving average price is $7.18 and its 200-day moving average price is $7.76.
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Monday, August 21st will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 9.55%. The ex-dividend date is Thursday, August 17th.
In other Goldman Sachs MLP and Energy Renassnc Fd news, Director Lawrence W. Stranghoener bought 4,900 shares of the business’s stock in a transaction dated Monday, May 15th. The shares were acquired at an average price of $8.19 per share, with a total value of $40,131.00. Following the transaction, the director now owns 17,400 shares of the company’s stock, valued at $142,506. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Ganesh Jois bought 10,450 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The shares were acquired at an average cost of $7.99 per share, for a total transaction of $83,495.50. Following the transaction, the insider now directly owns 33,135 shares in the company, valued at approximately $264,748.65. The disclosure for this purchase can be found here. Insiders have bought a total of 101,350 shares of company stock worth $146,097 in the last three months.
About Goldman Sachs MLP and Energy Renassnc Fd
Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company. It seeks a high level of total return with an emphasis on current distributions to shareholders. It seeks to achieve its investment objective by investing primarily in master limited partnership (MLP) and other energy investments.
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