Touchstone Dynamic International ETF (NASDAQ:TDI) Stock Price Up 0.7% – Here’s Why

Touchstone Dynamic International ETF (NASDAQ:TDI)’s stock price shot up 0.7% during mid-day trading on Friday . The company traded as high as $43.90 and last traded at $43.32. 81,331 shares changed hands during mid-day trading, an increase of 83% from the average session volume of 44,481 shares. The stock had previously closed at $43.02.

Touchstone Dynamic International ETF Trading Up 0.7%

The company has a market capitalization of $105.27 million, a PE ratio of 15.15 and a beta of 0.52. The stock’s fifty day moving average is $40.56 and its two-hundred day moving average is $38.17.

Touchstone Dynamic International ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.7495 per share. This represents a dividend yield of 193.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Cornerstone Wealth Management LLC bought a new stake in Touchstone Dynamic International ETF in the 3rd quarter valued at about $279,000. Private Advisor Group LLC raised its position in shares of Touchstone Dynamic International ETF by 13.9% in the third quarter. Private Advisor Group LLC now owns 8,584 shares of the company’s stock valued at $320,000 after purchasing an additional 1,047 shares during the period. Steward Partners Investment Advisory LLC raised its position in shares of Touchstone Dynamic International ETF by 23.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,785 shares of the company’s stock valued at $649,000 after purchasing an additional 3,156 shares during the period. LPL Financial LLC lifted its stake in shares of Touchstone Dynamic International ETF by 27.2% during the 4th quarter. LPL Financial LLC now owns 55,683 shares of the company’s stock valued at $2,154,000 after buying an additional 11,915 shares in the last quarter. Finally, Moody National Bank Trust Division boosted its holdings in Touchstone Dynamic International ETF by 1.5% in the 3rd quarter. Moody National Bank Trust Division now owns 59,936 shares of the company’s stock worth $2,234,000 after buying an additional 860 shares during the period.

About Touchstone Dynamic International ETF

The Touchstone Dynamic International ETF (TDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in non-US companies from around the globe selected using a proprietary quantitative model. TDI was launched on Dec 8, 2023 and is issued by Touchstone.