Northwestern Mutual Increases Stake in The Home Depot Amid Housing Market Uncertainty

Northwestern Mutual Wealth Management Co., a major investor, has increased its stake in The Home Depot, Inc. by 5.7% in the second quarter.

The company acquired an additional 18,005 shares of Home Depot's stock during this period, bringing its total holdings to 336,110 shares worth approximately $118,539,000.

This is not an isolated incident, as other large investors have also modified their holdings in Home Depot. BlackRock Inc., for example, bought a new position in the company in the second quarter valued at around $28,771,247,000.