Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ) was up 0.1% during trading on Friday . The company traded as high as $7.82 and last traded at $7.79, approximately 900 shares were traded during trading. A decline of 99% from the average daily volume of 147,695 shares. The stock had previously closed at $7.78.
The company’s 50-day simple moving average is $7.72.
In related news, EVP Dane E. Holmes sold 2,406 shares of the stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $212.11, for a total transaction of $510,336.66. Following the sale, the executive vice president now owns 7,855 shares of the company’s stock, valued at approximately $1,666,124.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Goldman Sachs MLP Income Opportun Fund Company Profile (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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