Touchstone Securitized Income ETF $TSEC Stake Trimmed by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH reduced its holdings in Touchstone Securitized Income ETF (NYSEARCA:TSEC) by 1.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 3,885,408 shares of the company’s stock after selling 40,000 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.56% of Touchstone Securitized Income ETF worth $97,524,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Citadel Advisors LLC increased its stake in shares of Touchstone Securitized Income ETF by 248.5% during the second quarter. Citadel Advisors LLC now owns 34,325 shares of the company’s stock valued at $886,000 after buying an additional 24,475 shares during the period. Retirement Planning Group LLC lifted its stake in Touchstone Securitized Income ETF by 367.3% in the first quarter. Retirement Planning Group LLC now owns 366,584 shares of the company’s stock worth $9,454,000 after acquiring an additional 288,144 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Touchstone Securitized Income ETF in the second quarter worth $26,000. Finally, Elevation Point Wealth Partners LLC bought a new position in Touchstone Securitized Income ETF in the 1st quarter worth $412,000.

Touchstone Securitized Income ETF Stock Performance

Shares of TSEC opened at $25.13 on Thursday. Touchstone Securitized Income ETF has a one year low of $24.89 and a one year high of $26.47. The company has a 50-day simple moving average of $25.39 and a two-hundred day simple moving average of $25.64.

Touchstone Securitized Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were given a dividend of $0.1673 per share. This is an increase from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1439. This represents a $2.01 annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend was Tuesday, September 29th.

Touchstone Securitized Income ETF 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.