Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) to Issue $0.13 Monthly Dividend

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) announced a monthly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.1303 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date is Tuesday, December 30th.

Touchstone Strategic Income Opportunities ETF Stock Down 0.5%

Shares of SIO traded down $0.13 during trading hours on Tuesday, hitting $25.97. The company had a trading volume of 2,954 shares, compared to its average volume of 12,037. The business has a fifty day moving average of $26.35 and a 200-day moving average of $26.26. The firm has a market cap of $213.70 million, a price-to-earnings ratio of 18.97 and a beta of 0.31. Touchstone Strategic Income Opportunities ETF has a 12 month low of $25.15 and a 12 month high of $27.38.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Victory Financial Group LLC boosted its stake in shares of Touchstone Strategic Income Opportunities ETF by 12.2% in the third quarter. Victory Financial Group LLC now owns 66,925 shares of the company’s stock valued at $1,762,000 after buying an additional 7,302 shares during the period. Citadel Advisors LLC raised its holdings in Touchstone Strategic Income Opportunities ETF by 223.2% in the 3rd quarter. Citadel Advisors LLC now owns 57,599 shares of the company’s stock valued at $1,517,000 after acquiring an additional 39,776 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Touchstone Strategic Income Opportunities ETF by 43.1% during the 3rd quarter. Raymond James Financial Inc. now owns 56,396 shares of the company’s stock valued at $1,485,000 after acquiring an additional 16,980 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Touchstone Strategic Income Opportunities ETF by 3.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 13,365 shares of the company’s stock valued at $352,000 after acquiring an additional 498 shares during the period. Finally, Thrivent Financial for Lutherans acquired a new stake in shares of Touchstone Strategic Income Opportunities ETF during the 3rd quarter worth $36,620,000.

About Touchstone Strategic Income Opportunities ETF

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.