Acorn Wealth Advisors LLC Acquires 28,099 Shares of Touchstone Strategic Income Opportunities ETF $SIO

Acorn Wealth Advisors LLC boosted its holdings in shares of Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) by 42.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,322 shares of the company’s stock after buying an additional 28,099 shares during the quarter. Acorn Wealth Advisors LLC owned approximately 1.15% of Touchstone Strategic Income Opportunities ETF worth $2,483,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Fort Washington Investment Advisors Inc. OH boosted its position in Touchstone Strategic Income Opportunities ETF by 3.8% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 5,668,683 shares of the company’s stock valued at $149,256,000 after acquiring an additional 208,569 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Touchstone Strategic Income Opportunities ETF by 10.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 263,282 shares of the company’s stock worth $6,881,000 after purchasing an additional 24,814 shares during the last quarter. Victory Financial Group LLC boosted its position in Touchstone Strategic Income Opportunities ETF by 20.9% during the second quarter. Victory Financial Group LLC now owns 59,623 shares of the company’s stock valued at $1,558,000 after purchasing an additional 10,315 shares in the last quarter. Raymond James Financial Inc. grew its stake in Touchstone Strategic Income Opportunities ETF by 10.8% in the second quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock valued at $1,030,000 after purchasing an additional 3,852 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Touchstone Strategic Income Opportunities ETF by 9.3% in the second quarter. Envestnet Asset Management Inc. now owns 12,867 shares of the company’s stock valued at $336,000 after purchasing an additional 1,098 shares during the last quarter.

Touchstone Strategic Income Opportunities ETF Stock Performance

SIO stock opened at $26.02 on Friday. The firm has a market cap of $231.06 million, a price-to-earnings ratio of 18.97 and a beta of 0.31. The firm has a 50-day simple moving average of $26.17 and a two-hundred day simple moving average of $26.25. Touchstone Strategic Income Opportunities ETF has a one year low of $25.17 and a one year high of $27.38.

Touchstone Strategic Income Opportunities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.1303 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Touchstone Strategic Income Opportunities ETF Profile

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.