Thrivent Financial for Lutherans Decreases Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Thrivent Financial for Lutherans lowered its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 34.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 365,137 shares of the exchange traded fund’s stock after selling 194,619 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares 20+ Year Treasury Bond ETF were worth $33,513,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Motco purchased a new position in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $34,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $35,000. Palisade Asset Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth $37,000. Finally, Anfield Capital Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $36,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $98.67 on Tuesday. The stock’s 50-day moving average is $97.08 and its two-hundred day moving average is $93.65. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $101.64. The firm has a market cap of $58.49 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 20+ Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.