Touchstone Securitized Income ETF (NYSEARCA:TSEC) Shareholders Set to Receive $0.15 Monthly Dividend

Touchstone Securitized Income ETF (NYSEARCA:TSEC) declared a monthly dividend on Wednesday, October 28th. Shareholders of record on Thursday, October 29th will be given a dividend of $0.1454 per share on Friday, October 30th. This represents a $1.74 annualized dividend and a yield of 6.9%. The ex-dividend date is Thursday, October 29th. This is a 13.1% decrease from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1673.

Touchstone Securitized Income ETF Stock Down 0.3%

Shares of NYSEARCA TSEC opened at $25.19 on Thursday. The firm’s 50-day moving average price is $25.31 and its 200-day moving average price is $25.76. Touchstone Securitized Income ETF has a 52-week low of $24.89 and a 52-week high of $26.40.

Institutional Investors Weigh In On Touchstone Securitized Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in TSEC. Integrated Wealth Concepts LLC purchased a new position in shares of Touchstone Securitized Income ETF in the 2nd quarter worth $26,000. Victory Financial Group LLC increased its holdings in Touchstone Securitized Income ETF by 13.0% in the 3rd quarter. Victory Financial Group LLC now owns 10,710 shares of the company’s stock valued at $269,000 after acquiring an additional 1,231 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Touchstone Securitized Income ETF during the 1st quarter worth approximately $412,000. Citadel Advisors LLC raised its position in shares of Touchstone Securitized Income ETF by 248.5% during the 2nd quarter. Citadel Advisors LLC now owns 34,325 shares of the company’s stock valued at $886,000 after buying an additional 24,475 shares in the last quarter. Finally, Retirement Planning Group LLC lifted its position in Touchstone Securitized Income ETF by 367.3% in the first quarter. Retirement Planning Group LLC now owns 366,584 shares of the company’s stock worth $9,454,000 after buying an additional 288,144 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.