Todays Report: Today, Goldman Sachs MLP and Energy Renassnc Fd (GER) Insider Buys $140,800.00 in Stock

Today, Goldman Sachs MLP and Energy Renassnc Fd (GER) Insider Buys $140,800.00 in Stock

Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) insider Kyri Loupis acquired 20,000 shares of the company’s stock in a transaction dated Monday, November 21st. The stock was acquired at an average price of $7.04 per share, for a total transaction of $140,800.00. Following the acquisition, the insider now owns 201,000 shares in the company, valued at approximately $1,415,040. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) opened at 7.00 on Friday. Goldman Sachs MLP and Energy Renassnc Fd has a 1-year low of $3.21 and a 1-year high of $7.85. The company’s 50-day moving average price is $6.90 and its 200-day moving average price is $7.01.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 29th. Shareholders of record on Tuesday, November 22nd will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 9.14%. The ex-dividend date is Friday, November 18th.

About Goldman Sachs MLP and Energy Renassnc Fd

Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with an emphasis on current distributions to shareholders. The Fund seeks to achieve its investment objective by investing in master limited partnerships (MLPs) and other energy investments.

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