Touchstone Securitized Income ETF (NYSEARCA:TSEC – Get Free Report) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 12,465 shares, a decline of 81.4% from the May 14th total of 66,964 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 14,956 shares, the days-to-cover ratio is currently 0.8 days.
Touchstone Securitized Income ETF Trading Up 0.1%
Shares of TSEC stock traded up $0.02 on Wednesday, reaching $25.78. 10,331 shares of the stock were exchanged, compared to its average volume of 19,311. Touchstone Securitized Income ETF has a one year low of $25.61 and a one year high of $26.48. The stock has a 50 day moving average price of $25.82 and a 200 day moving average price of $26.06.
Institutional Investors Weigh In On Touchstone Securitized Income ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. Atlas Wealth LLC bought a new stake in shares of Touchstone Securitized Income ETF during the fourth quarter worth $286,000. JPMorgan Chase & Co. raised its position in shares of Touchstone Securitized Income ETF by 604.3% during the second quarter. JPMorgan Chase & Co. now owns 13,480 shares of the company’s stock worth $352,000 after acquiring an additional 11,566 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Touchstone Securitized Income ETF during the first quarter worth $412,000. Winebrenner Capital Management LLC raised its position in shares of Touchstone Securitized Income ETF by 52.8% during the fourth quarter. Winebrenner Capital Management LLC now owns 55,294 shares of the company’s stock worth $1,447,000 after acquiring an additional 19,100 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Touchstone Securitized Income ETF by 181.7% during the second quarter. Jane Street Group LLC now owns 73,966 shares of the company’s stock worth $1,933,000 after purchasing an additional 47,707 shares during the period.
Touchstone Securitized Income ETF Company Profile
The Touchstone Securitized Income ETF (TSEC) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively managed, broad portfolio of securitized fixed income securities. The fund may tilt towards short-term, investment grade paper but the portfolio managers are not held to those requirements. TSEC was launched on Jul 17, 2023 and is issued by Touchstone.
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