Northwestern Mutual Wealth Management Co. Purchases 4,068,053 Shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF $GLOV

Northwestern Mutual Wealth Management Co. raised its position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) by 8,716.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,114,724 shares of the company’s stock after acquiring an additional 4,068,053 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 17.11% of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF worth $237,584,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. TD Waterhouse Canada Inc. lifted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 89.0% in the third quarter. TD Waterhouse Canada Inc. now owns 705 shares of the company’s stock valued at $40,000 after acquiring an additional 332 shares during the period. Osaic Holdings Inc. lifted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 17.0% in the second quarter. Osaic Holdings Inc. now owns 4,781 shares of the company’s stock valued at $262,000 after acquiring an additional 694 shares during the period. Royal Bank of Canada lifted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 18.8% in the first quarter. Royal Bank of Canada now owns 5,482 shares of the company’s stock valued at $282,000 after acquiring an additional 868 shares during the period. LifePlan Investment Advisors Inc. increased its position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 18.7% in the third quarter. LifePlan Investment Advisors Inc. now owns 7,806 shares of the company’s stock worth $445,000 after buying an additional 1,232 shares in the last quarter. Finally, Founders Financial Alliance LLC purchased a new stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the third quarter worth about $80,000.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

The stock has a 50 day moving average of $59.32 and a 200-day moving average of $58.46. The stock has a market capitalization of $1.43 billion, a PE ratio of 19.52 and a beta of 0.74. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF has a 1 year low of $50.70 and a 1 year high of $59.53.

About Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.