Parkway Wealth Management Group LLC Acquires 85,051 Shares of Touchstone Ultra Short Income ETF $TUSI

by · The Markets Daily

Parkway Wealth Management Group LLC lifted its holdings in Touchstone Ultra Short Income ETF (BATS:TUSI – Free Report) by 33.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 338,250 shares of the company’s stock after purchasing an additional 85,051 shares during the quarter. Touchstone Ultra Short Income ETF makes up 1.0% of Parkway Wealth Management Group LLC’s portfolio, making the stock its 28th largest holding. Parkway Wealth Management Group LLC’s holdings in Touchstone Ultra Short Income ETF were worth $8,531,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of TUSI. Fort Washington Investment Advisors Inc. OH increased its holdings in shares of Touchstone Ultra Short Income ETF by 32.9% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 3,406,996 shares of the company’s stock valued at $85,924,000 after purchasing an additional 844,096 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Touchstone Ultra Short Income ETF by 216.2% during the second quarter. Integrated Wealth Concepts LLC now owns 992,948 shares of the company’s stock valued at $25,082,000 after purchasing an additional 678,915 shares in the last quarter. Allen Capital Group LLC bought a new stake in shares of Touchstone Ultra Short Income ETF during the first quarter valued at about $12,149,000. Private Advisor Group LLC lifted its holdings in Touchstone Ultra Short Income ETF by 25.8% in the first quarter. Private Advisor Group LLC now owns 296,812 shares of the company’s stock worth $7,515,000 after purchasing an additional 60,909 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in Touchstone Ultra Short Income ETF by 10.8% in the first quarter. Janney Montgomery Scott LLC now owns 280,016 shares of the company’s stock worth $7,090,000 after purchasing an additional 27,378 shares during the period.

Touchstone Ultra Short Income ETF Price Performance

TUSI stock opened at $25.28 on Tuesday. The company has a 50-day simple moving average of $25.30 and a 200 day simple moving average of $25.32. Touchstone Ultra Short Income ETF has a fifty-two week low of $25.19 and a fifty-two week high of $25.50.

Touchstone Ultra Short Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were given a dividend of $0.0972 per share. This is a positive change from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.0865. The ex-dividend date was Tuesday, September 29th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.6%.

Touchstone Ultra Short Income ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding TUSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Touchstone Ultra Short Income ETF (BATS:TUSI – Free Report).