Thrivent Financial for Lutherans Has $1.35 Million Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Thrivent Financial for Lutherans lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 92.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,079 shares of the exchange traded fund’s stock after selling 180,073 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares 20+ Year Treasury Bond ETF were worth $1,347,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Davis Rea LTD. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $4,468,000. WestEnd Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 17.1% during the 3rd quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock valued at $82,518,000 after purchasing an additional 134,792 shares during the period. First Horizon Corp acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $5,510,000. Global Retirement Partners LLC increased its position in iShares 20+ Year Treasury Bond ETF by 439.2% in the 3rd quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock worth $4,174,000 after buying an additional 38,043 shares during the period. Finally, Intrua Financial LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 43.3% during the third quarter. Intrua Financial LLC now owns 31,920 shares of the exchange traded fund’s stock worth $2,853,000 after buying an additional 9,638 shares during 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%

TLT opened at $89.71 on Friday. The business has a 50 day moving average of $87.72 and a 200-day moving average of $88.57. The stock has a market capitalization of $46.55 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.3319 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, February 2nd.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.