Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Plans Monthly Dividend of $0.10

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) declared a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be paid a dividend of 0.0965 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, January 29th.

Touchstone Strategic Income Opportunities ETF Stock Down 0.5%

Shares of SIO stock traded down $0.12 on Thursday, reaching $25.96. 643 shares of the stock were exchanged, compared to its average volume of 13,978. The stock has a market cap of $230.52 million, a P/E ratio of 18.97 and a beta of 0.31. The firm has a 50 day moving average of $26.15 and a two-hundred day moving average of $26.26. Touchstone Strategic Income Opportunities ETF has a 1-year low of $25.17 and a 1-year high of $27.38.

Hedge Funds Weigh In On Touchstone Strategic Income Opportunities ETF

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

About Touchstone Strategic Income Opportunities ETF

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.