Fort Washington Investment Advisors Inc. OH Has $60.22 Million Position in Touchstone Ultra Short Income ETF $TUSI

Fort Washington Investment Advisors Inc. OH raised its stake in shares of Touchstone Ultra Short Income ETF (BATS:TUSI) by 8.0% in the fourth quarter, Holdings Channel reports. The fund owned 2,377,112 shares of the company’s stock after acquiring an additional 176,320 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 0.35% of Touchstone Ultra Short Income ETF worth $60,224,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Tectonic Advisors LLC bought a new stake in shares of Touchstone Ultra Short Income ETF in the 3rd quarter worth about $323,000. Gladstone Institutional Advisory LLC bought a new position in Touchstone Ultra Short Income ETF during the 3rd quarter valued at about $336,000. Stratos Wealth Partners LTD. boosted its position in Touchstone Ultra Short Income ETF by 4.5% in the third quarter. Stratos Wealth Partners LTD. now owns 26,945 shares of the company’s stock valued at $683,000 after buying an additional 1,165 shares in the last quarter. Western Wealth Management LLC acquired a new position in Touchstone Ultra Short Income ETF in the third quarter valued at about $718,000. Finally, NewEdge Advisors LLC grew its stake in Touchstone Ultra Short Income ETF by 42.5% during the first quarter. NewEdge Advisors LLC now owns 28,712 shares of the company’s stock worth $727,000 after buying an additional 8,559 shares during the last quarter.

Touchstone Ultra Short Income ETF Price Performance

BATS TUSI opened at $25.36 on Friday. The company has a 50 day moving average of $25.38 and a 200-day moving average of $25.38. Touchstone Ultra Short Income ETF has a 1-year low of $25.02 and a 1-year high of $25.55.

Touchstone Ultra Short Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a dividend of $0.0857 per share. This is a boost from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.