Retirement Planning Group LLC Purchases 907,649 Shares of Touchstone Securitized Income ETF $TSEC

Retirement Planning Group LLC purchased a new position in shares of Touchstone Securitized Income ETF (NYSEARCA:TSEC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 907,649 shares of the company’s stock, valued at approximately $22,782,000. Touchstone Securitized Income ETF comprises approximately 0.5% of Retirement Planning Group LLC’s portfolio, making the stock its 26th biggest holding. Retirement Planning Group LLC owned approximately 12.97% of Touchstone Securitized Income ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of TSEC. Integrated Wealth Concepts LLC purchased a new stake in shares of Touchstone Securitized Income ETF in the 2nd quarter worth $26,000. Elevation Point Wealth Partners LLC bought a new position in Touchstone Securitized Income ETF in the 1st quarter worth $412,000. Citadel Advisors LLC raised its holdings in Touchstone Securitized Income ETF by 248.5% in the 2nd quarter. Citadel Advisors LLC now owns 34,325 shares of the company’s stock worth $886,000 after purchasing an additional 24,475 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH lifted its position in Touchstone Securitized Income ETF by 0.6% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 3,900,413 shares of the company’s stock valued at $100,592,000 after purchasing an additional 25,000 shares in the last quarter.

Touchstone Securitized Income ETF Trading Down 0.0%

NYSEARCA TSEC opened at $25.16 on Tuesday. The business’s fifty day moving average is $25.36 and its 200 day moving average is $25.63. Touchstone Securitized Income ETF has a fifty-two week low of $24.89 and a fifty-two week high of $26.47.

Touchstone Securitized Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a $0.1673 dividend. This represents a $2.01 annualized dividend and a dividend yield of 8.0%. This is an increase from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1439. The ex-dividend date of this dividend was Tuesday, September 29th.

Touchstone Securitized Income ETF Profile

The Touchstone Securitized Income ETF (TSEC) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively managed, broad portfolio of securitized fixed income securities. The fund may tilt towards short-term, investment grade paper but the portfolio managers are not held to those requirements. TSEC was launched on Jul 17, 2023 and is issued by Touchstone.