Touchstone Strategic Income Opportunities ETF (SIO) To Go Ex-Dividend on October 29th

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) declared a monthly dividend on Wednesday, October 28th. Shareholders of record on Thursday, October 29th will be paid a dividend of $0.1048 per share on Friday, October 30th. This represents a $1.26 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Thursday, October 29th. This is a 10.0% decrease from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.1164.

Touchstone Strategic Income Opportunities ETF Stock Performance

Shares of SIO stock opened at $24.90 on Friday. The stock’s fifty day moving average is $24.99 and its two-hundred day moving average is $25.57. The firm has a market capitalization of $301.79 million, a P/E ratio of 18.97 and a beta of 0.28. Touchstone Strategic Income Opportunities ETF has a fifty-two week low of $24.46 and a fifty-two week high of $26.64.

Hedge Funds Weigh In On Touchstone Strategic Income Opportunities ETF

Several hedge funds and other institutional investors have recently modified their holdings of SIO. Janney Montgomery Scott LLC grew its stake in Touchstone Strategic Income Opportunities ETF by 16.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 361,625 shares of the company’s stock valued at $9,268,000 after acquiring an additional 50,581 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Touchstone Strategic Income Opportunities ETF by 1,582.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 278,546 shares of the company’s stock worth $7,153,000 after purchasing an additional 261,994 shares in the last quarter. Fort Washington Investment Advisors Inc. OH lifted its stake in Touchstone Strategic Income Opportunities ETF by 15.2% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 6,652,036 shares of the company’s stock worth $163,574,000 after purchasing an additional 879,882 shares in the last quarter. Baer Investment Advisory LLC acquired a new position in shares of Touchstone Strategic Income Opportunities ETF during the 1st quarter worth approximately $1,795,000. Finally, Victory Financial Group LLC boosted its holdings in shares of Touchstone Strategic Income Opportunities ETF by 5.8% during the 3rd quarter. Victory Financial Group LLC now owns 79,861 shares of the company’s stock worth $1,964,000 after purchasing an additional 4,407 shares during the last quarter.

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.