Touchstone Ultra Short Income ETF $TUSI Stock Holdings Reduced by RHL Group LLC

RHL Group LLC reduced its stake in Touchstone Ultra Short Income ETF (BATS:TUSI) by 97.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,637 shares of the company’s stock after selling 498,622 shares during the period. RHL Group LLC’s holdings in Touchstone Ultra Short Income ETF were worth $319,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH grew its stake in shares of Touchstone Ultra Short Income ETF by 32.9% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 3,406,996 shares of the company’s stock valued at $85,924,000 after buying an additional 844,096 shares during the period. Integrated Wealth Concepts LLC boosted its position in shares of Touchstone Ultra Short Income ETF by 216.2% during the second quarter. Integrated Wealth Concepts LLC now owns 992,948 shares of the company’s stock valued at $25,082,000 after buying an additional 678,915 shares during the last quarter. Allen Capital Group LLC purchased a new position in shares of Touchstone Ultra Short Income ETF during the first quarter valued at approximately $12,149,000. Parkway Wealth Management Group LLC grew its holdings in Touchstone Ultra Short Income ETF by 33.6% during the third quarter. Parkway Wealth Management Group LLC now owns 338,250 shares of the company’s stock worth $8,531,000 after buying an additional 85,051 shares in the last quarter. Finally, FFG Retirement Advisors LLC grew its holdings in Touchstone Ultra Short Income ETF by 67.4% during the second quarter. FFG Retirement Advisors LLC now owns 192,840 shares of the company’s stock worth $4,871,000 after buying an additional 77,651 shares in the last quarter.

Touchstone Ultra Short Income ETF Price Performance

BATS TUSI opened at $25.29 on Monday. The business has a fifty day simple moving average of $25.28 and a 200 day simple moving average of $25.33. Touchstone Ultra Short Income ETF has a 12 month low of $25.19 and a 12 month high of $25.50.

Touchstone Ultra Short Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 29th were paid a $0.0937 dividend. This represents a $1.12 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Thursday, October 29th. This is a negative change from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.0972.

Touchstone Ultra Short Income ETF Profile

The Touchstone Ultra Short Income ETF (TUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to select a broad portfolio of attractively priced fixed income securities of ultra-short term maturities and varied credit ratings. TUSI was launched on Aug 4, 2022 and is managed by Touchstone.