Goldman Sachs Stake Rises as Northwestern Mutual Invests Heavily

Northwestern Mutual Wealth Management Co. has increased its stake in The Goldman Sachs Group by 5.2% over the second quarter, according to recent SEC filings.

The firm acquired an additional 4,811 shares during this period, bringing its total holdings in GS to 97,699 shares valued at $98,810,000 as of the most recent reporting period.

This move is part of a larger trend where institutional investors and hedge funds have been adjusting their positions in The Goldman Sachs Group. In the second quarter alone, several other firms raised or lowered their stakes in GS, with some notable increases coming from Gamco Investors INC. ET AL, CFO4Life Group LLC, and Madison Wealth Partners Inc.