Retirement Planning Group LLC Cuts Stock Position in Touchstone Ultra Short Income ETF $TUSI

Retirement Planning Group LLC lessened its holdings in Touchstone Ultra Short Income ETF (BATS:TUSI) by 2.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 154,054 shares of the company’s stock after selling 4,002 shares during the period. Retirement Planning Group LLC owned 2.27% of Touchstone Ultra Short Income ETF worth $3,901,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in Touchstone Ultra Short Income ETF in the 1st quarter worth $6,533,000. Janney Montgomery Scott LLC boosted its holdings in shares of Touchstone Ultra Short Income ETF by 15.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 162,336 shares of the company’s stock valued at $4,111,000 after purchasing an additional 21,643 shares during the last quarter. Coppell Advisory Solutions LLC bought a new position in shares of Touchstone Ultra Short Income ETF during the 1st quarter valued at about $3,440,000. LPL Financial LLC boosted its holdings in shares of Touchstone Ultra Short Income ETF by 56.2% during the 1st quarter. LPL Financial LLC now owns 87,003 shares of the company’s stock valued at $2,203,000 after purchasing an additional 31,310 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of Touchstone Ultra Short Income ETF by 121.9% during the 1st quarter. Concurrent Investment Advisors LLC now owns 66,514 shares of the company’s stock valued at $1,684,000 after purchasing an additional 36,544 shares during the last quarter.

Touchstone Ultra Short Income ETF Price Performance

TUSI opened at $25.43 on Wednesday. The firm has a 50-day simple moving average of $25.39 and a two-hundred day simple moving average of $25.36. Touchstone Ultra Short Income ETF has a 52 week low of $25.02 and a 52 week high of $25.57.

Touchstone Ultra Short Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were issued a dividend of $0.1092 per share. This is a boost from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, September 29th. This represents a c) annualized dividend and a dividend yield of 5.2%.

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.