Touchstone Ultra Short Income ETF $TUSI Position Trimmed by Retirement Planning Group LLC

Retirement Planning Group LLC lowered its position in Touchstone Ultra Short Income ETF (BATS:TUSI) by 52.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 587,018 shares of the company’s stock after selling 644,870 shares during the quarter. Retirement Planning Group LLC owned about 8.63% of Touchstone Ultra Short Income ETF worth $14,805,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Parkway Wealth Management Group LLC boosted its stake in shares of Touchstone Ultra Short Income ETF by 11.9% during the 1st quarter. Parkway Wealth Management Group LLC now owns 209,260 shares of the company’s stock worth $5,304,000 after purchasing an additional 22,309 shares during the period. Integrated Wealth Concepts LLC grew its holdings in Touchstone Ultra Short Income ETF by 216.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 992,948 shares of the company’s stock valued at $25,082,000 after purchasing an additional 678,915 shares during the last quarter. Puff Wealth Management LLC bought a new position in Touchstone Ultra Short Income ETF during the 2nd quarter valued at about $1,078,000. Janney Montgomery Scott LLC grew its holdings in Touchstone Ultra Short Income ETF by 10.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 280,016 shares of the company’s stock valued at $7,090,000 after purchasing an additional 27,378 shares during the last quarter. Finally, Coppell Advisory Solutions LLC purchased a new stake in Touchstone Ultra Short Income ETF in the 2nd quarter worth about $2,997,000.

Touchstone Ultra Short Income ETF Price Performance

Touchstone Ultra Short Income ETF stock opened at $25.28 on Tuesday. Touchstone Ultra Short Income ETF has a 1-year low of $25.19 and a 1-year high of $25.50. The company’s 50-day moving average is $25.30 and its 200 day moving average is $25.32.

Touchstone Ultra Short Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a dividend of $0.0972 per share. This is a positive change from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.0865. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, September 29th.

Touchstone Ultra Short Income ETF 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.