Puff Wealth Management LLC Purchases 40,029 Shares of Touchstone Ultra Short Income ETF $TUSI

Puff Wealth Management LLC raised its position in shares of Touchstone Ultra Short Income ETF (BATS:TUSI) by 123.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 72,439 shares of the company’s stock after purchasing an additional 40,029 shares during the quarter. Touchstone Ultra Short Income ETF accounts for about 2.4% of Puff Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Puff Wealth Management LLC’s holdings in Touchstone Ultra Short Income ETF were worth $1,835,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in TUSI. Hamilton Wealth LLC bought a new position in shares of Touchstone Ultra Short Income ETF during the third quarter valued at about $1,207,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Touchstone Ultra Short Income ETF by 78.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 71,490 shares of the company’s stock worth $1,814,000 after purchasing an additional 31,365 shares during the last quarter. Cornerstone Wealth Management LLC bought a new stake in shares of Touchstone Ultra Short Income ETF in the third quarter worth about $1,123,000. Steward Partners Investment Advisory LLC increased its holdings in Touchstone Ultra Short Income ETF by 46,908.5% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 277,350 shares of the company’s stock valued at $7,024,000 after purchasing an additional 276,760 shares during the period. Finally, Western Wealth Management LLC purchased a new position in Touchstone Ultra Short Income ETF during the 3rd quarter valued at about $718,000.

Touchstone Ultra Short Income ETF Stock Down 0.1%

TUSI opened at $25.35 on Friday. Touchstone Ultra Short Income ETF has a one year low of $25.02 and a one year high of $25.55. The business has a 50 day simple moving average of $25.38 and a two-hundred day simple moving average of $25.38.

Touchstone Ultra Short Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a dividend of $0.0857 per share. This is a boost from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Thursday, February 26th.

Touchstone Ultra Short Income ETF Profile

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.