Concurrent Investment Advisors LLC Sells 1,144 Shares of Touchstone Ultra Short Income ETF $TUSI

Concurrent Investment Advisors LLC trimmed its position in shares of Touchstone Ultra Short Income ETF (BATS:TUSI) by 1.7% in the second quarter, Holdings Channel reports. The fund owned 65,370 shares of the company’s stock after selling 1,144 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Touchstone Ultra Short Income ETF were worth $1,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in Touchstone Ultra Short Income ETF during the 1st quarter valued at approximately $6,533,000. Janney Montgomery Scott LLC boosted its position in shares of Touchstone Ultra Short Income ETF by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 162,336 shares of the company’s stock valued at $4,111,000 after acquiring an additional 21,643 shares during the period. Coppell Advisory Solutions LLC bought a new stake in shares of Touchstone Ultra Short Income ETF in the first quarter valued at approximately $3,440,000. LPL Financial LLC boosted its position in shares of Touchstone Ultra Short Income ETF by 56.2% in the first quarter. LPL Financial LLC now owns 87,003 shares of the company’s stock valued at $2,203,000 after acquiring an additional 31,310 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Touchstone Ultra Short Income ETF by 52.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 59,700 shares of the company’s stock valued at $1,512,000 after acquiring an additional 20,440 shares during the period.

Touchstone Ultra Short Income ETF Price Performance

Shares of Touchstone Ultra Short Income ETF stock opened at $25.39 on Wednesday. Touchstone Ultra Short Income ETF has a fifty-two week low of $25.02 and a fifty-two week high of $25.57. The firm has a fifty day moving average price of $25.39 and a two-hundred day moving average price of $25.36.

Touchstone Ultra Short Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were paid a $0.1092 dividend. The ex-dividend date was Monday, September 29th. This is a boost from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 5.2%.

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.