Wedbush Securities Inc. Takes $3.04 Million Position in Touchstone Ultra Short Income ETF $TUSI

Wedbush Securities Inc. acquired a new position in Touchstone Ultra Short Income ETF (BATS:TUSI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 120,000 shares of the company’s stock, valued at approximately $3,039,000. Wedbush Securities Inc. owned about 1.76% of Touchstone Ultra Short Income ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TUSI. Stratos Wealth Partners LTD. lifted its holdings in Touchstone Ultra Short Income ETF by 51.5% during the 1st quarter. Stratos Wealth Partners LTD. now owns 25,120 shares of the company’s stock worth $636,000 after buying an additional 8,540 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Touchstone Ultra Short Income ETF by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 162,336 shares of the company’s stock valued at $4,111,000 after buying an additional 21,643 shares during the period. LPL Financial LLC raised its position in shares of Touchstone Ultra Short Income ETF by 56.2% during the first quarter. LPL Financial LLC now owns 87,003 shares of the company’s stock worth $2,203,000 after acquiring an additional 31,310 shares during the last quarter. Private Advisor Group LLC bought a new position in shares of Touchstone Ultra Short Income ETF during the first quarter worth about $293,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Touchstone Ultra Short Income ETF in the first quarter worth approximately $6,533,000.

Touchstone Ultra Short Income ETF Trading Down 0.2%

Shares of TUSI stock opened at $25.36 on Friday. The business’s 50 day simple moving average is $25.39 and its 200 day simple moving average is $25.37. Touchstone Ultra Short Income ETF has a one year low of $25.02 and a one year high of $25.57.

Touchstone Ultra Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 31st. Stockholders of record on Thursday, October 30th were paid a $0.1076 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Thursday, October 30th.

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.