VanEck Uranium and Nuclear ETF $NLR Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its holdings in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 41.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 153,659 shares of the company’s stock after acquiring an additional 45,212 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.43% of VanEck Uranium and Nuclear ETF worth $17,821,000 as of its most recent SEC filing.

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

VanEck Uranium and Nuclear ETF Stock Up 1.1%

NLR stock opened at $117.03 on Thursday. VanEck Uranium and Nuclear ETF has a fifty-two week low of $101.92 and a fifty-two week high of $168.12. The company has a market capitalization of $4.16 billion, a P/E ratio of 26.00 and a beta of 0.85. The company has a 50-day simple moving average of $114.06 and a 200 day simple moving average of $128.48.

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.