Touchstone Securitized Income ETF (NYSEARCA:TSEC) Declares Dividend Increase – $0.17 Per Share

Touchstone Securitized Income ETF (NYSEARCA:TSEC) declared a monthly dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.1679 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Tuesday, December 30th. This is a 159.5% increase from Touchstone Securitized Income ETF’s previous monthly dividend of $0.06.

Touchstone Securitized Income ETF Stock Performance

TSEC traded down $0.13 during trading on Tuesday, hitting $26.19. The stock had a trading volume of 5,517 shares, compared to its average volume of 7,408. Touchstone Securitized Income ETF has a 12 month low of $25.58 and a 12 month high of $26.65. The company has a 50 day simple moving average of $26.24 and a 200-day simple moving average of $26.25.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TSEC. Integrated Wealth Concepts LLC grew its stake in shares of Touchstone Securitized Income ETF by 93.1% in the first quarter. Integrated Wealth Concepts LLC now owns 144,737 shares of the company’s stock worth $3,786,000 after acquiring an additional 69,788 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in Touchstone Securitized Income ETF by 1.3% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 3,875,413 shares of the company’s stock worth $101,265,000 after purchasing an additional 50,000 shares during the last quarter. Retirement Planning Group LLC grew its position in Touchstone Securitized Income ETF by 5.6% in the 2nd quarter. Retirement Planning Group LLC now owns 49,339 shares of the company’s stock worth $1,289,000 after purchasing an additional 2,627 shares during the last quarter. Winebrenner Capital Management LLC increased its holdings in shares of Touchstone Securitized Income ETF by 55.9% during the 2nd quarter. Winebrenner Capital Management LLC now owns 27,580 shares of the company’s stock worth $721,000 after purchasing an additional 9,887 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Touchstone Securitized Income ETF by 604.3% during the second quarter. JPMorgan Chase & Co. now owns 13,480 shares of the company’s stock valued at $352,000 after buying an additional 11,566 shares during the last quarter.

About Touchstone Securitized Income ETF

The Touchstone Securitized Income ETF (TSEC) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively managed, broad portfolio of securitized fixed income securities. The fund may tilt towards short-term, investment grade paper but the portfolio managers are not held to those requirements. TSEC was launched on Jul 17, 2023 and is issued by Touchstone.