Fort Washington Investment Advisors Inc. OH Grows Stock Position in Touchstone Strategic Income Opportunities ETF $SIO

Fort Washington Investment Advisors Inc. OH increased its stake in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) by 3.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,668,683 shares of the company’s stock after buying an additional 208,569 shares during the quarter. Touchstone Strategic Income Opportunities ETF comprises approximately 0.8% of Fort Washington Investment Advisors Inc. OH’s holdings, making the stock its 29th largest holding. Fort Washington Investment Advisors Inc. OH owned approximately 69.30% of Touchstone Strategic Income Opportunities ETF worth $149,256,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of Touchstone Strategic Income Opportunities ETF by 9.3% in the second quarter. Envestnet Asset Management Inc. now owns 12,867 shares of the company’s stock valued at $336,000 after acquiring an additional 1,098 shares during the period. Raymond James Financial Inc. grew its holdings in Touchstone Strategic Income Opportunities ETF by 10.8% during the 2nd quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock valued at $1,030,000 after purchasing an additional 3,852 shares during the last quarter. Acorn Wealth Advisors LLC raised its position in Touchstone Strategic Income Opportunities ETF by 15.1% in the 2nd quarter. Acorn Wealth Advisors LLC now owns 66,223 shares of the company’s stock worth $1,731,000 after purchasing an additional 8,693 shares during the period. Victory Financial Group LLC raised its position in Touchstone Strategic Income Opportunities ETF by 20.9% in the 2nd quarter. Victory Financial Group LLC now owns 59,623 shares of the company’s stock worth $1,558,000 after purchasing an additional 10,315 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in Touchstone Strategic Income Opportunities ETF by 10.4% in the second quarter. Janney Montgomery Scott LLC now owns 263,282 shares of the company’s stock worth $6,881,000 after purchasing an additional 24,814 shares during the last quarter.

Touchstone Strategic Income Opportunities ETF Price Performance

Shares of NYSEARCA:SIO opened at $26.10 on Tuesday. The firm has a market capitalization of $214.80 million, a PE ratio of 18.97 and a beta of 0.31. The business has a 50 day simple moving average of $26.35 and a two-hundred day simple moving average of $26.26. Touchstone Strategic Income Opportunities ETF has a 1 year low of $25.15 and a 1 year high of $27.38.

Touchstone Strategic Income Opportunities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a dividend of $0.4442 per share. This represents a c) dividend on an annualized basis and a yield of 20.4%. The ex-dividend date was Thursday, December 11th. This is an increase from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.10.

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.