Northwestern Mutual Wealth Management Co. Has $17.82 Million Stock Holdings in VanEck Uranium and Nuclear ETF $NLR

Northwestern Mutual Wealth Management Co. raised its position in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 41.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 153,659 shares of the company’s stock after buying an additional 45,212 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in VanEck Uranium and Nuclear ETF were worth $17,821,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Nvest Financial LLC purchased a new stake in VanEck Uranium and Nuclear ETF in the 4th quarter worth about $553,000. Dogwood Wealth Management LLC acquired a new stake in VanEck Uranium and Nuclear ETF in the fourth quarter valued at approximately $2,447,000. UBS Group AG boosted its holdings in VanEck Uranium and Nuclear ETF by 14.4% in the fourth quarter. UBS Group AG now owns 374,621 shares of the company’s stock worth $46,528,000 after purchasing an additional 47,222 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of VanEck Uranium and Nuclear ETF by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 117,133 shares of the company’s stock worth $15,601,000 after acquiring an additional 12,866 shares in the last quarter. Finally, Stonebridge Financial Planning Group LLC boosted its position in VanEck Uranium and Nuclear ETF by 45.2% during the fourth quarter. Stonebridge Financial Planning Group LLC now owns 18,952 shares of the company’s stock worth $2,354,000 after purchasing an additional 5,902 shares during the period.

VanEck Uranium and Nuclear ETF Trading Up 1.1%

NYSEARCA:NLR opened at $117.03 on Thursday. VanEck Uranium and Nuclear ETF has a 1 year low of $101.92 and a 1 year high of $168.12. The firm’s fifty day simple moving average is $114.06 and its 200 day simple moving average is $128.48. The firm has a market capitalization of $4.16 billion, a PE ratio of 26.00 and a beta of 0.85.

VanEck Uranium and Nuclear ETF Profile

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.