Fort Washington Investment Advisors Inc. OH Buys 208,569 Shares of Touchstone Strategic Income Opportunities ETF $SIO

Fort Washington Investment Advisors Inc. OH raised its stake in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) by 3.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,668,683 shares of the company’s stock after buying an additional 208,569 shares during the period. Touchstone Strategic Income Opportunities ETF makes up about 0.8% of Fort Washington Investment Advisors Inc. OH’s investment portfolio, making the stock its 29th biggest position. Fort Washington Investment Advisors Inc. OH owned approximately 0.69% of Touchstone Strategic Income Opportunities ETF worth $149,256,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SIO. Janney Montgomery Scott LLC increased its position in shares of Touchstone Strategic Income Opportunities ETF by 10.4% during the second quarter. Janney Montgomery Scott LLC now owns 263,282 shares of the company’s stock worth $6,881,000 after acquiring an additional 24,814 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of 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 period. Victory Financial Group LLC grew its stake in Touchstone Strategic Income Opportunities ETF by 20.9% in the second quarter. Victory Financial Group LLC now owns 59,623 shares of the company’s stock worth $1,558,000 after purchasing an additional 10,315 shares in the last quarter. Acorn Wealth Advisors LLC grew its stake in Touchstone Strategic Income Opportunities ETF by 15.1% in the second quarter. Acorn Wealth Advisors LLC now owns 66,223 shares of the company’s stock worth $1,731,000 after purchasing an additional 8,693 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Touchstone Strategic Income Opportunities ETF by 10.8% during the 2nd quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock worth $1,030,000 after purchasing an additional 3,852 shares during the period.

Touchstone Strategic Income Opportunities ETF Stock Down 0.9%

Shares of NYSEARCA SIO opened at $26.10 on Tuesday. Touchstone Strategic Income Opportunities ETF has a twelve month low of $25.15 and a twelve month high of $27.38. The firm has a market cap of $214.80 million, a PE ratio of 18.97 and a beta of 0.31. The business has a fifty day simple moving average of $26.35 and a two-hundred day simple moving average of $26.26.

Touchstone Strategic Income Opportunities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a $0.4442 dividend. The ex-dividend date was Thursday, December 11th. This is an increase from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 20.4%.

About Touchstone Strategic Income Opportunities ETF

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.