US banks Fifth Third and Goldman Sachs see institutional stake adjustments

Capital Research Global Investors increased its holding in Fifth Third Bancorp by 12.8% in the fourth quarter, taking its total to 6,450,801 shares, roughly 0.98% of the bank and valued at about $302 million. Other major investors, including Vanguard and Bank of America, also lifted their stakes in Fifth Third during recent quarters.

Strategic Wealth Investment Group LLC reduced its position in The Goldman Sachs Group by 30% in the fourth quarter, selling 7,444 shares and ending the period with 17,398 shares worth roughly $15.3 million. Insider sales at Goldman Sachs were also reported, with the chief accounting officer and another insider collectively selling over 11,000 shares in recent months.