Citadel Advisors LLC Buys 24,475 Shares of Touchstone Securitized Income ETF $TSEC

Citadel Advisors LLC raised its stake in Touchstone Securitized Income ETF (NYSEARCA:TSEC) by 248.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,325 shares of the company’s stock after buying an additional 24,475 shares during the period. Citadel Advisors LLC owned 0.54% of Touchstone Securitized Income ETF worth $886,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Retirement Planning Group LLC increased its holdings in shares of Touchstone Securitized Income ETF by 367.3% during the first quarter. Retirement Planning Group LLC now owns 366,584 shares of the company’s stock worth $9,454,000 after buying an additional 288,144 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Touchstone Securitized Income ETF during the 1st quarter valued at $412,000. Fort Washington Investment Advisors Inc. OH grew its position in Touchstone Securitized Income ETF by 0.6% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 3,900,413 shares of the company’s stock worth $100,592,000 after acquiring an additional 25,000 shares during the last quarter. Atlas Wealth LLC bought a new stake in Touchstone Securitized Income ETF during the 4th quarter worth $286,000. Finally, Jane Street Group LLC increased its holdings in Touchstone Securitized Income ETF by 181.7% in the 2nd 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 in the last quarter.

Touchstone Securitized Income ETF Stock Down 0.2%

Shares of TSEC opened at $25.39 on Friday. Touchstone Securitized Income ETF has a 12-month low of $25.39 and a 12-month high of $26.48. The business has a 50-day simple moving average of $25.60 and a two-hundred day simple moving average of $25.79.

Touchstone Securitized Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 30th were issued a dividend of $0.1638 per share. This represents a c) annualized dividend and a dividend yield of 7.7%. This is an increase from Touchstone Securitized Income ETF’s previous monthly dividend of $0.16. The ex-dividend date was Thursday, July 30th.

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.