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Exchange Traded Concepts LLC Buys 13,970 Shares of The Goldman Sachs Group, Inc. $GS
Exchange Traded Concepts LLC significantly increased its stake in The Goldman Sachs Group, purchasing 13,970 shares in Q4 to own a total of 19,274 shares valued at $16.94 million. The Goldman Sachs Group also announced an increase in its quarterly dividend to $4.50, totaling an annualized $18.00. Despite these positive indicators, the article notes substantial insider selling, with corporate insiders divesting approximately 117,283 shares valued at about $112 million over the past 90 days, which could negatively impact investor confidence.