907,649 Shares in Touchstone Securitized Income ETF $TSEC Purchased by Retirement Planning Group LLC

Retirement Planning Group LLC acquired a new stake in shares of Touchstone Securitized Income ETF (NYSEARCA:TSEC) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 907,649 shares of the company’s stock, valued at approximately $22,782,000. Touchstone Securitized Income ETF makes up about 0.5% of Retirement Planning Group LLC’s investment portfolio, making the stock its 26th biggest position. Retirement Planning Group LLC owned 0.13% of Touchstone Securitized Income ETF at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of TSEC. Integrated Wealth Concepts LLC bought a new position in shares of Touchstone Securitized Income ETF during the second quarter worth $26,000. Citadel Advisors LLC grew its stake in Touchstone Securitized Income ETF by 248.5% during the second quarter. Citadel Advisors LLC now owns 34,325 shares of the company’s stock valued at $886,000 after acquiring an additional 24,475 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in Touchstone Securitized Income ETF during the first quarter valued at $412,000. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in Touchstone Securitized Income ETF by 0.6% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 3,900,413 shares of the company’s stock valued at $100,592,000 after acquiring an additional 25,000 shares in the last quarter.

Touchstone Securitized Income ETF Trading Down 0.0%

Shares of NYSEARCA TSEC opened at $25.16 on Tuesday. The firm’s fifty day moving average is $25.36 and its two-hundred day moving average is $25.63. Touchstone Securitized Income ETF has a 52-week low of $24.89 and a 52-week high of $26.47.

Touchstone Securitized Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were issued a dividend of $0.1673 per share. This is a boost from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1439. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.01 annualized dividend and a dividend yield of 8.0%.

Touchstone Securitized Income ETF Company Profile

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.