Thrivent Financial for Lutherans Invests $36.62 Million in Touchstone Strategic Income Opportunities ETF $SIO

Thrivent Financial for Lutherans purchased a new position in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,390,815 shares of the company’s stock, valued at approximately $36,620,000. Thrivent Financial for Lutherans owned about 16.90% of Touchstone Strategic Income Opportunities ETF as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Janney Montgomery Scott LLC increased its holdings 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 valued at $6,881,000 after acquiring an additional 24,814 shares in the last quarter. Acorn Wealth Advisors LLC raised its holdings in Touchstone Strategic Income Opportunities ETF by 42.4% in the third quarter. Acorn Wealth Advisors LLC now owns 94,322 shares of the company’s stock worth $2,483,000 after buying an additional 28,099 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its stake in shares of Touchstone Strategic Income Opportunities ETF by 3.8% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 5,668,683 shares of the company’s stock worth $149,256,000 after buying an additional 208,569 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Touchstone Strategic Income Opportunities ETF by 10.8% during the second quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock valued at $1,030,000 after buying an additional 3,852 shares during the last quarter. Finally, Victory Financial Group LLC increased its position in shares of 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 acquiring an additional 10,315 shares in the last quarter.

Touchstone Strategic Income Opportunities ETF Stock Down 0.2%

Shares of NYSEARCA SIO opened at $25.98 on Tuesday. The firm has a market cap of $232.00 million, a P/E ratio of 18.97 and a beta of 0.31. Touchstone Strategic Income Opportunities ETF has a twelve month low of $25.17 and a twelve month high of $27.38. The company has a 50 day moving average of $26.13 and a 200 day moving average of $26.26.

Touchstone Strategic Income Opportunities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a $0.0965 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Thursday, January 29th.

Touchstone Strategic Income Opportunities ETF Company 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.