Touchstone Dynamic International ETF (NASDAQ:TDI) Stock Price Up 0.4% – Still a Buy?

Shares of Touchstone Dynamic International ETF (NASDAQ:TDI) traded up 0.4% on Thursday . The stock traded as high as $41.30 and last traded at $41.14. 34,340 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 51,881 shares. The stock had previously closed at $40.98.

Touchstone Dynamic International ETF Price Performance

The firm has a fifty day simple moving average of $39.14 and a two-hundred day simple moving average of $37.25. The firm has a market capitalization of $96.81 million, a P/E ratio of 15.15 and a beta of 0.52.

Touchstone Dynamic International ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.7495 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 193.0%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Moody National Bank Trust Division raised its stake in Touchstone Dynamic International ETF by 1.5% in the third quarter. Moody National Bank Trust Division now owns 59,936 shares of the company’s stock worth $2,234,000 after buying an additional 860 shares in the last quarter. Cornerstone Wealth Management LLC purchased a new stake in Touchstone Dynamic International ETF during the 3rd quarter valued at $279,000. Finally, Private Advisor Group LLC increased its holdings in shares of Touchstone Dynamic International ETF by 13.9% in the 3rd quarter. Private Advisor Group LLC now owns 8,584 shares of the company’s stock worth $320,000 after purchasing an additional 1,047 shares in the last quarter.

About Touchstone Dynamic International ETF

The Touchstone Dynamic International ETF (TDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in non-US companies from around the globe selected using a proprietary quantitative model. TDI was launched on Dec 8, 2023 and is issued by Touchstone.