Touchstone Ultra Short Income ETF $TUSI Shares Sold by RHL Group LLC

RHL Group LLC reduced its position in shares of Touchstone Ultra Short Income ETF (BATS:TUSI) by 97.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,637 shares of the company’s stock after selling 498,622 shares during the period. RHL Group LLC owned about 0.19% of Touchstone Ultra Short Income ETF worth $319,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC boosted its position in Touchstone Ultra Short Income ETF by 72.9% in the 1st quarter. Kestra Advisory Services LLC now owns 16,482 shares of the company’s stock valued at $417,000 after buying an additional 6,951 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new stake in Touchstone Ultra Short Income ETF in the 2nd quarter valued at approximately $535,000. Arkadios Wealth Advisors acquired a new stake in shares of Touchstone Ultra Short Income ETF in the first quarter valued at approximately $552,000. Citadel Advisors LLC lifted its position in shares of Touchstone Ultra Short Income ETF by 28.2% in the second quarter. Citadel Advisors LLC now owns 27,913 shares of the company’s stock worth $705,000 after purchasing an additional 6,140 shares in the last quarter. Finally, Puff Wealth Management LLC acquired a new position in Touchstone Ultra Short Income ETF during the second quarter worth $1,078,000.

Touchstone Ultra Short Income ETF Stock Performance

Shares of Touchstone Ultra Short Income ETF stock opened at $25.29 on Monday. The business’s 50 day moving average is $25.28 and its 200-day moving average is $25.33. Touchstone Ultra Short Income ETF has a 12-month low of $25.19 and a 12-month high of $25.50.

Touchstone Ultra Short Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 29th were issued a dividend of $0.0937 per share. This is a drop from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.0972. The ex-dividend date of this dividend was Thursday, October 29th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.4%.

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.