Thrivent Financial for Lutherans Acquires 19,853 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Thrivent Financial for Lutherans grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 195,152 shares of the exchange traded fund’s stock after buying an additional 19,853 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares 20+ Year Treasury Bond ETF were worth $17,223,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in TLT. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock worth $3,576,394,000 after purchasing an additional 2,508,650 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 84.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after purchasing an additional 3,632,572 shares during the period. Harvest Portfolios Group Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the first quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock valued at $331,229,000 after purchasing an additional 599,149 shares in the last quarter. Alliancebernstein L.P. grew its stake in iShares 20+ Year Treasury Bond ETF by 2.3% in the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after purchasing an additional 63,442 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 3.3% in the second quarter. Hantz Financial Services Inc. now owns 2,669,542 shares of the exchange traded fund’s stock worth $235,587,000 after purchasing an additional 86,013 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5%

Shares of TLT stock opened at $87.88 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $94.09. The stock has a market cap of $48.14 billion, a PE ratio of -6.75 and a beta of 0.53. The company’s fifty day moving average price is $89.79 and its 200-day moving average price is $88.19.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a $0.3206 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, December 1st.

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.