Thrivent Financial for Lutherans Boosts Holdings in Touchstone Strategic Income Opportunities ETF $SIO

Thrivent Financial for Lutherans increased its stake in shares of Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,503,484 shares of the company’s stock after buying an additional 112,669 shares during the period. Thrivent Financial for Lutherans owned about 16.67% of Touchstone Strategic Income Opportunities ETF worth $39,038,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SIO. Envestnet Asset Management Inc. increased its holdings in Touchstone Strategic Income Opportunities ETF by 3.9% during the third quarter. Envestnet Asset Management Inc. now owns 13,365 shares of the company’s stock worth $352,000 after buying an additional 498 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Touchstone Strategic Income Opportunities ETF by 10.8% during the 2nd quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock valued at $1,030,000 after buying an additional 3,852 shares during the last quarter. Citadel Advisors LLC grew its stake in shares of Touchstone Strategic Income Opportunities ETF by 223.2% during the 3rd quarter. Citadel Advisors LLC now owns 57,599 shares of the company’s stock worth $1,517,000 after acquiring an additional 39,776 shares during the period. Victory Financial Group LLC grew its stake in shares of Touchstone Strategic Income Opportunities ETF by 12.2% during the 3rd quarter. Victory Financial Group LLC now owns 66,925 shares of the company’s stock worth $1,762,000 after acquiring an additional 7,302 shares during the period. Finally, Acorn Wealth Advisors LLC grew its stake in shares of Touchstone Strategic Income Opportunities ETF by 42.4% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 94,322 shares of the company’s stock worth $2,483,000 after acquiring an additional 28,099 shares during the period.

Touchstone Strategic Income Opportunities ETF Stock Performance

SIO stock opened at $25.56 on Friday. The company has a market capitalization of $247.93 million, a price-to-earnings ratio of 18.97 and a beta of 0.28. Touchstone Strategic Income Opportunities ETF has a fifty-two week low of $25.49 and a fifty-two week high of $27.38. The stock has a fifty day moving average of $25.80 and a 200-day moving average of $26.06.

Touchstone Strategic Income Opportunities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a dividend of $0.0978 per share. This is a boost from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Thursday, February 26th.

Touchstone Strategic Income Opportunities ETF Company Profile

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.