Thrivent Financial for Lutherans Buys 867,465 Shares of Thrivent Ultra Short Bond ETF $TUSB

Thrivent Financial for Lutherans raised its stake in Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) by 7,975.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 878,342 shares of the company’s stock after purchasing an additional 867,465 shares during the period. Thrivent Financial for Lutherans owned 21.42% of Thrivent Ultra Short Bond ETF worth $44,224,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its stake in Thrivent Ultra Short Bond ETF by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,851,993 shares of the company’s stock valued at $93,350,000 after purchasing an additional 87,871 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Thrivent Ultra Short Bond ETF during the second quarter valued at about $2,510,000. Citadel Advisors LLC grew its holdings in shares of Thrivent Ultra Short Bond ETF by 274.3% during the third quarter. Citadel Advisors LLC now owns 30,676 shares of the company’s stock valued at $1,546,000 after buying an additional 22,481 shares during the last quarter. Modern Wealth Management LLC acquired a new position in shares of Thrivent Ultra Short Bond ETF during the second quarter valued at about $501,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Thrivent Ultra Short Bond ETF during the third quarter valued at about $342,000.

Thrivent Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA TUSB opened at $50.44 on Friday. The company has a 50-day moving average price of $50.40 and a 200-day moving average price of $50.44. Thrivent Ultra Short Bond ETF has a 1 year low of $50.05 and a 1 year high of $51.17.

Thrivent Ultra Short Bond ETF Company Profile

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. TUSB was launched on Feb 19, 2025 and is issued by Thrivent.