Thrivent Financial for Lutherans Boosts Stock Position in Thrivent Ultra Short Bond ETF $TUSB

Thrivent Financial for Lutherans lifted its position in shares of Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) by 78.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 854,251 shares of the company’s stock after buying an additional 374,251 shares during the period. Thrivent Financial for Lutherans owned about 23.73% of Thrivent Ultra Short Bond ETF worth $42,967,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Thrivent Ultra Short Bond ETF during the second quarter valued at about $27,000. Modern Wealth Management LLC purchased a new stake in Thrivent Ultra Short Bond ETF during the 2nd quarter valued at about $501,000. Jane Street Group LLC bought a new position in Thrivent Ultra Short Bond ETF during the 2nd quarter worth approximately $2,510,000. Finally, Envestnet Asset Management Inc. purchased a new position in Thrivent Ultra Short Bond ETF in the 2nd quarter worth approximately $88,731,000.

Thrivent Ultra Short Bond ETF Trading Down 0.0%

Shares of TUSB stock opened at $50.49 on Tuesday. Thrivent Ultra Short Bond ETF has a fifty-two week low of $49.99 and a fifty-two week high of $50.92. The stock has a 50 day moving average price of $50.47 and a two-hundred day moving average price of $50.42.

About Thrivent Ultra Short Bond ETF

The Thrivent Ultra Short Bond ETF (TUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of debt securities with exposure to the US fixed income market. It holds various investment-grade debt investments while maintaining an average effective maturity of two years or less.