Flynn Zito Capital Management LLC Purchases 20,817 Shares of Touchstone Strategic Income Opportunities ETF $SIO

Flynn Zito Capital Management LLC purchased a new position in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 20,817 shares of the company’s stock, valued at approximately $512,000. Flynn Zito Capital Management LLC owned about 0.17% of Touchstone Strategic Income Opportunities ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Fort Washington Investment Advisors Inc. OH increased its stake in Touchstone Strategic Income Opportunities ETF by 15.2% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 6,652,036 shares of the company’s stock valued at $163,574,000 after purchasing an additional 879,882 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Touchstone Strategic Income Opportunities ETF by 1,582.9% in the second quarter. Envestnet Asset Management Inc. now owns 278,546 shares of the company’s stock worth $7,153,000 after buying an additional 261,994 shares in the last quarter. FFG Retirement Advisors LLC lifted its stake in shares of Touchstone Strategic Income Opportunities ETF by 4.5% in the second quarter. FFG Retirement Advisors LLC now owns 208,811 shares of the company’s stock worth $5,362,000 after buying an additional 8,932 shares in the last quarter. Victory Financial Group LLC grew its holdings in shares of Touchstone Strategic Income Opportunities ETF by 5.8% during the third quarter. Victory Financial Group LLC now owns 79,861 shares of the company’s stock valued at $1,964,000 after buying an additional 4,407 shares during the last quarter. Finally, Insight Wealth Partners LLC purchased a new stake in shares of Touchstone Strategic Income Opportunities ETF during the third quarter valued at approximately $219,000.

Touchstone Strategic Income Opportunities ETF Stock Up 0.0%

Shares of SIO opened at $25.00 on Tuesday. The company has a market capitalization of $311.25 million, a P/E ratio of 18.97 and a beta of 0.28. The firm has a 50 day moving average of $24.92 and a 200 day moving average of $25.54. Touchstone Strategic Income Opportunities ETF has a twelve month low of $24.46 and a twelve month high of $26.64.

Touchstone Strategic Income Opportunities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 29th were paid a dividend of $0.1048 per share. The ex-dividend date was Thursday, October 29th. This represents a $1.26 annualized dividend and a yield of 5.0%. This is a negative change from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.1164.

About Touchstone Strategic Income Opportunities ETF

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.