Northwestern Mutual Ups Stake in Goldman Sachs Group Inc.
The Goldman Sachs Group, Inc. (GS) saw its shares acquired by Northwestern Mutual Wealth Management Co., which increased its holdings in GS by 5.2% during the second quarter.
Northwestern Mutual Wealth Management Co. bought an additional 4,811 shares of GS' stock, bringing its total holdings to 97,699 shares with a value of $98,810,000 at the end of the most recent quarter.
This move is part of a broader trend in which various institutional investors have been buying and selling shares of GS. Audent Global Asset Management LLC boosted its holdings by 10.1% in the fourth quarter, while Wealthfront Advisers LLC bought a new position worth approximately $53,720,000 during the second quarter.