Northwestern Mutual Boosts IBM Stake to Over $65 Million
Northwestern Mutual Wealth Management Co. has increased its stake in International Business Machines (NYSE:IBM) by 11.8% in the second quarter, according to a recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 230,347 shares of IBM's stock after buying an additional 24,265 shares during the quarter.
The total value of Northwestern Mutual Wealth Management Co.'s holdings in International Business Machines was $64,776,000 as of its most recent SEC filing.