RPS Advisory Solutions LLC Makes New Investment in Touchstone Ultra Short Income ETF $TUSI

RPS Advisory Solutions LLC purchased a new stake in Touchstone Ultra Short Income ETF (BATS:TUSI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 165,959 shares of the company’s stock, valued at approximately $4,203,000. Touchstone Ultra Short Income ETF makes up 2.3% of RPS Advisory Solutions LLC’s holdings, making the stock its 8th biggest holding. RPS Advisory Solutions LLC owned 2.44% of Touchstone Ultra Short Income ETF as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in Touchstone Ultra Short Income ETF during the first quarter worth about $6,533,000. Janney Montgomery Scott LLC lifted its position in shares of Touchstone Ultra Short Income ETF by 15.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 162,336 shares of the company’s stock valued at $4,111,000 after acquiring an additional 21,643 shares during the period. Coppell Advisory Solutions LLC purchased a new stake in shares of Touchstone Ultra Short Income ETF during the 1st quarter worth approximately $3,440,000. LPL Financial LLC grew its holdings in shares of Touchstone Ultra Short Income ETF by 56.2% in the 1st 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 period. Finally, Mission Creek Capital Partners Inc. increased its stake in Touchstone Ultra Short Income ETF by 32.7% in the 1st quarter. Mission Creek Capital Partners Inc. now owns 52,096 shares of the company’s stock valued at $1,319,000 after purchasing an additional 12,833 shares in the last quarter.

Touchstone Ultra Short Income ETF Stock Down 0.2%

Shares of TUSI stock opened at $25.35 on Friday. The stock has a fifty day moving average price of $25.39 and a 200 day moving average price of $25.37. Touchstone Ultra Short Income ETF has a 1 year low of $25.02 and a 1 year high of $25.57.

Touchstone Ultra Short Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 31st. Shareholders of record on Thursday, October 30th were given a dividend of $0.1076 per share. The ex-dividend date was Thursday, October 30th. This represents a c) dividend on an annualized basis and a yield of 5.1%.

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.