879,882 Touchstone Strategic Income Opportunities ETF $SIO Shares Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH raised its position in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) by 15.2% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 6,652,036 shares of the company’s stock after buying an additional 879,882 shares during the period. Touchstone Strategic Income Opportunities ETF comprises approximately 0.8% of Fort Washington Investment Advisors Inc. OH’s holdings, making the stock its 27th largest holding. Fort Washington Investment Advisors Inc. OH owned about 56.52% of Touchstone Strategic Income Opportunities ETF worth $163,574,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in shares of Touchstone Strategic Income Opportunities ETF by 1,582.9% during the second quarter. Envestnet Asset Management Inc. now owns 278,546 shares of the company’s stock worth $7,153,000 after purchasing an additional 261,994 shares during the period. FFG Retirement Advisors LLC lifted its stake in 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 valued at $5,362,000 after buying an additional 8,932 shares during the period. Baer Investment Advisory LLC bought a new position in Touchstone Strategic Income Opportunities ETF during the 1st quarter worth approximately $1,795,000. Finally, Janney Montgomery Scott LLC boosted its stake in Touchstone Strategic Income Opportunities ETF by 16.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 361,625 shares of the company’s stock worth $9,268,000 after acquiring an additional 50,581 shares during the last quarter.

Touchstone Strategic Income Opportunities ETF Stock Performance

Shares of NYSEARCA SIO opened at $24.71 on Thursday. The stock has a market cap of $290.84 million, a P/E ratio of 18.97 and a beta of 0.28. The firm has a 50 day moving average price of $25.10 and a 200 day moving average price of $25.46. Touchstone Strategic Income Opportunities ETF has a 52-week low of $24.46 and a 52-week high of $27.38.

Touchstone Strategic Income Opportunities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were given a dividend of $0.1164 per share. This is a positive change from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.0979. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Tuesday, September 29th.

Touchstone Strategic Income Opportunities ETF Company Profile

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.