Coppell Advisory Solutions LLC Makes New $3 Million Investment in Touchstone Ultra Short Income ETF $TUSI

Coppell Advisory Solutions LLC bought a new stake in Touchstone Ultra Short Income ETF (BATS:TUSI) in the second quarter, HoldingsChannel.com reports. The fund bought 118,646 shares of the company’s stock, valued at approximately $2,997,000.

Several other institutional investors also recently made changes to their positions in TUSI. LPL Financial LLC lifted its holdings in shares of Touchstone Ultra Short Income ETF by 80.8% in the 4th quarter. LPL Financial LLC now owns 1,063,342 shares of the company’s stock worth $26,940,000 after purchasing an additional 475,275 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in Touchstone Ultra Short Income ETF by 98.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 804,791 shares of the company’s stock valued at $20,389,000 after purchasing an additional 399,892 shares during the period. Royal Bank of Canada grew its stake in Touchstone Ultra Short Income ETF by 48.4% during the 4th quarter. Royal Bank of Canada now owns 600,383 shares of the company’s stock worth $15,211,000 after buying an additional 195,826 shares during the last quarter. Raymond James Financial Inc. grew its stake in Touchstone Ultra Short Income ETF by 242.2% during the 3rd quarter. Raymond James Financial Inc. now owns 548,671 shares of the company’s stock worth $13,914,000 after buying an additional 388,336 shares during the last quarter. Finally, Allen Capital Group LLC bought a new position in Touchstone Ultra Short Income ETF during the 1st quarter worth $12,149,000.

Touchstone Ultra Short Income ETF Stock Up 0.1%

Shares of BATS TUSI opened at $25.31 on Thursday. Touchstone Ultra Short Income ETF has a 1-year low of $25.23 and a 1-year high of $25.55. The business’s fifty day moving average price is $25.32 and its two-hundred day moving average price is $25.35.

Touchstone Ultra Short Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 28th were issued a $0.0865 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, August 28th.

About Touchstone Ultra Short Income ETF

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.