Touchstone Ultra Short Income ETF (BATS:TUSI) Declares Dividend Increase – $0.11 Per Share

Touchstone Ultra Short Income ETF (BATS:TUSI) declared a monthly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.1109 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 756.5% increase from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.01.

Touchstone Ultra Short Income ETF Trading Down 0.3%

Shares of TUSI opened at $25.32 on Tuesday. The business’s 50-day moving average is $25.38 and its 200-day moving average is $25.38. Touchstone Ultra Short Income ETF has a fifty-two week low of $25.02 and a fifty-two week high of $25.57.

Institutional Investors Weigh In On Touchstone Ultra Short Income ETF

A number of institutional investors have recently modified their holdings of the stock. Family Legacy Financial Solutions LLC acquired a new stake in Touchstone Ultra Short Income ETF during the second quarter valued at $51,000. Tectonic Advisors LLC purchased a new stake in shares of Touchstone Ultra Short Income ETF during the 3rd quarter worth about $323,000. Gladstone Institutional Advisory LLC purchased a new stake in shares of Touchstone Ultra Short Income ETF during the 3rd quarter worth about $336,000. Stratos Wealth Partners LTD. lifted its holdings in shares of Touchstone Ultra Short Income ETF by 2.6% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 25,780 shares of the company’s stock valued at $653,000 after buying an additional 660 shares during the last quarter. Finally, Western Wealth Management LLC bought a new stake in shares of Touchstone Ultra Short Income ETF in the 3rd quarter valued at approximately $718,000.

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.