Raymond James Financial Inc. Purchases Shares of 258,008 Touchstone Ultra Short Income ETF $TUSI

Raymond James Financial Inc. acquired a new position in shares of Touchstone Ultra Short Income ETF (BATS:TUSI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 258,008 shares of the company’s stock, valued at approximately $6,533,000. Raymond James Financial Inc. owned about 4.65% of Touchstone Ultra Short Income ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Jane Street Group LLC acquired a new stake in shares of Touchstone Ultra Short Income ETF in the 4th quarter worth about $288,000. Private Advisor Group LLC bought a new stake in Touchstone Ultra Short Income ETF during the 1st quarter worth approximately $293,000. Stratos Wealth Partners LTD. raised its stake in shares of Touchstone Ultra Short Income ETF by 51.5% in the first quarter. Stratos Wealth Partners LTD. now owns 25,120 shares of the company’s stock worth $636,000 after purchasing an additional 8,540 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Touchstone Ultra Short Income ETF in the fourth quarter valued at approximately $993,000. Finally, Concurrent Investment Advisors LLC boosted its position in shares of Touchstone Ultra Short Income ETF by 121.9% during the first quarter. Concurrent Investment Advisors LLC now owns 66,514 shares of the company’s stock valued at $1,684,000 after buying an additional 36,544 shares during the last quarter.

Touchstone Ultra Short Income ETF Stock Down 0.2%

Shares of BATS:TUSI opened at $25.36 on Wednesday. The business’s 50 day moving average is $25.37 and its 200 day moving average is $25.36. Touchstone Ultra Short Income ETF has a 12-month low of $25.02 and a 12-month high of $25.57.

Touchstone Ultra Short Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 28th were paid a $0.0976 dividend. The ex-dividend date was Thursday, August 28th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Touchstone Ultra Short Income ETF Company 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.