California State Teachers Retirement System reduced its holdings in National Western Life Group, Inc. (NASDAQ:NWLI) by 9.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,028 shares of the financial services provider’s stock after selling 400 shares during the quarter. California State Teachers Retirement System owned about 0.11% of National Western Life Group worth $1,287,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of NWLI. Dimensional Fund Advisors LP lifted its holdings in shares of National Western Life Group by 4.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 195,854 shares of the financial services provider’s stock valued at $62,599,000 after buying an additional 7,820 shares during the period. First Trust Advisors LP acquired a new position in National Western Life Group during the second quarter worth $1,749,000. Vanguard Group Inc. raised its holdings in National Western Life Group by 2.2% during the second quarter. Vanguard Group Inc. now owns 185,503 shares of the financial services provider’s stock worth $59,290,000 after purchasing an additional 3,907 shares during the last quarter. Fiera Capital Corp raised its holdings in National Western Life Group by 38.2% during the second quarter. Fiera Capital Corp now owns 13,274 shares of the financial services provider’s stock worth $4,242,000 after purchasing an additional 3,669 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its holdings in National Western Life Group by 60.3% during the second quarter. Parametric Portfolio Associates LLC now owns 8,083 shares of the financial services provider’s stock worth $2,583,000 after purchasing an additional 3,042 shares during the last quarter. 79.13% of the stock is owned by institutional investors and hedge funds.

National Western Life Group, Inc. (NWLI) opened at $344.66 on Thursday. The stock has a market capitalization of $1,271.00, a price-to-earnings ratio of 14.42 and a beta of 1.47. National Western Life Group, Inc. has a 1-year low of $233.20 and a 1-year high of $368.00.

The company also recently disclosed an annual dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 8th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, November 7th. This represents a yield of 0.1%. National Western Life Group’s dividend payout ratio is presently 1.35%.

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Separately, BidaskClub raised National Western Life Group from a “hold” rating to a “buy” rating in a report on Thursday, August 10th.

National Western Life Group Profile

National Western Life Insurance Company (National Western) is a stock life insurance company. The Company operates in two segments: Domestic Insurance Operations and International Insurance Operations. The products marketed under domestic insurance operations are annuities, universal life insurance and traditional life insurance, which include both term and whole life products.

Institutional Ownership by Quarter for National Western Life Group (NASDAQ:NWLI)

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