Northwestern Mutual Wealth Management Portfolio holdings

AUM $122B

AUM

$122B

AUM Growth

+$3.76B (+3%)

Cap. Flow

+$5.26B

Cap. Flow % of AUM

4.3%

Top 10 Holdings %Top 10 Hldgs %

50.22%

Holding

4,057

New

469

Increased

1,568

Reduced

1,127

Closed

409

Top Buys

1	iShares Core S&P 500 ETF IVV	$432M
2	Fidelity Total Bond ETF FBND	$355M
3	Schwab International Equity ETF SCHF	$258M
4	iShares Core S&P Mid-Cap ETF IJH	$199M
5	Vanguard S&P 500 ETF VOO	$156M

Top Sells

1	iShares Short Treasury Bond ETF SHV	$101M
2	Avantis International Small Cap Value ETF AVDV	$79.6M
3	Pacer US Cash Cows 100 ETF COWZ	$55.8M
4	Nextra Energy NEE	$50.5M
5	Pacer US Small Cap Cash Cows 100 ETF CALF	$48.7M

Sector Composition

1	Technology	3.14%
2	Financials	1.31%
3	Consumer Discretionary	1.06%
4	Communication Services	0.95%
5	Healthcare	0.84%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 iShares Core S&P 500 ETF IVV $586B	$17.6B	14.38%	31,297,509 +768,618	+3%	+$432M
2	2 Vanguard Total Bond Market BND $127B	$8.73B	7.14%	118,916,992 +1,988,719	+2%	+$146M
3	3 Schwab International Equity ETF SCHF $47.4B	$6.89B	5.63%	348,092,210 +13,021,873	+4%	+$258M
4	4 iShares Core S&P Mid-Cap ETF IJH $92.4B	$6.66B	5.44%	114,080,884 +3,403,689	+3%	+$199M
5	5 iShares Core S&P Small-Cap ETF IJR $77.3B	$4.08B	3.34%	39,050,599 +923,688	+2%	+$96.6M
6	6 Invesco S&P 500 Equal Weight ETF RSP $71.9B	$4.08B	3.34%	23,554,043 +396,957	+2%	+$68.8M
7	7 Fidelity Total Bond ETF FBND $18.6B	$3.71B	3.03%	81,162,777 +7,778,802	+11%	+$355M
8	8 iShares 20+ Year Treasury Bond ETF TLT $50.8B	$3.46B	2.83%	38,017,057 +374,811	+1%	+$34.1M
9	9 SPDR S&P 500 ETF Trust SPY $630B	$3.12B	2.55%	5,570,066 +173,114	+3%	+$96.8M
10	10 Vanguard FTSE Emerging Markets ETF VWO $86.2B	$3.1B	2.54%	68,520,193 +2,276,593	+3%	+$103M
11	11 Vanguard FTSE Developed Markets ETF VEA $157B	$3.03B	2.48%	59,628,214 +1,840,640	+3%	+$93.6M
12	12 iShares Core MSCI EAFE ETF IEFA $136B	$2.58B	2.11%	34,156,332 +1,668,799	+5%	+$126M
13	13 iShare MSCI Eurozone ETF EZU $7.65B	$2.25B	1.84%	42,290,494 +1,149,097	+3%	+$61.2M
14	14 iShares MSCI USA Value Factor ETF VLUE $6.49B	$2.21B	1.8%	20,677,629 +536,413	+3%	+$57.2M
15	15 Vanguard Tax-Exempt Bond Index Fund VTEB $35.6B	$1.71B	1.4%	34,497,385 +857,098	+3%	+$42.5M
16	16 Vanguard Mid-Cap ETF VO $80.5B	$1.62B	1.32%	6,251,149 +458,676	+8%	+$119M
17	17 Invesco QQQ Trust QQQ $339B	$1.5B	1.23%	3,201,107 +52,234	+2%	+$24.5M
18	18 Vanguard S&P 500 ETF VOO $663B	$1.15B	0.94%	2,239,644 +303,314	+16%	+$156M
19	19 iShares Core US Aggregate Bond ETF AGG $125B	$1.14B	0.93%	11,545,869 +1,116,545	+11%	+$110M
20	20 iShares Core Total USD Bond Market ETF IUSB $32.5B	$1.06B	0.87%	22,986,670 +1,127,521	+5%	+$52M
21	21 iShares Core MSCI Emerging Markets ETF IEMG $88.8B	$987M	0.81%	18,285,595 +773,487	+4%	+$41.7M
22	22 Vanguard Real Estate ETF VNQ $33.7B	$864M	0.71%	9,543,037 +492,425	+5%	+$44.6M
23	23 iShares National Muni Bond ETF MUB $38.8B	$800M	0.65%	7,588,089 +550,570	+8%	+$58.1M
24	24 Apple AAPL $3T	$789M	0.65%	3,551,206 +84,990	+2%	+$18.9M
25	25 Goldman Sachs ActiveBeta US Large Cap Equity ETF GSLC $13.3B	$765M	0.63%	6,949,758 -138,442	-2%	-$15.2M