Thrivent Financial for Lutherans Increases Portfolio Allocation

Thrivent Financial for Lutherans, a financial services organization that specializes in financial planning and retirement, recently increased its portfolio allocation in several stocks. The firm increased its portfolio allocation in CPS by 122.46% over the last quarter and in TDUP by 84.72%. The firm also invested a total of $27,282,000 in the purchase of shares of various stocks during the second quarter of the fiscal year.

Charles Schwab Investment Management holds 1,351,124 shares of CPS, and T. Rowe Price Investment Management holds 3,254,503 shares of TDUP. Following the purchase of additional shares during the quarter, Thrivent Financial for Lutherans now owns 54,015 shares of CPS worth $447,000 and 403,554 shares of TDUP worth $47,050,000.

During the second quarter, Thrivent Financial for Lutherans made a 15.8 percent increase in their portfolio allocation of Teleflex stock. This follows the purchase of an additional 268 shares of the company during the quarter. Furthermore, the firm added a combined 170.8 percent to the Teleflex stock it held in the first quarter.

Several other institutional investors have also recently added to or reduced their stakes in CASY. Thrivent Financial for Lutherans grew its stake in CASY by 8.8 percent during the second quarter. This follows the purchase of an additional 24,832 shares in the company.

The organization also added to its portfolio allocations in BX, AGO, and UNM during the second quarter. Thrivent Financial for Lutherans increased its stake in BX by 4.3 percent, its stake in AGO by 3.3 percent, and its stake in UNM by 8.3 percent.

In conclusion, Thrivent Financial for Lutherans has significantly increased its portfolio allocation in various stocks during the second quarter of the fiscal year. This is a sign of confidence in the organization's financial planning strategies and a testament to their commitment to helping their customers achieve financial success.