Concurrent Investment Advisors LLC Purchases Shares of 29,970 Touchstone Ultra Short Income ETF (BATS:TUSI)

Concurrent Investment Advisors LLC acquired a new stake in shares of Touchstone Ultra Short Income ETF (BATS:TUSI) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 29,970 shares of the company’s stock, valued at approximately $758,000.

A number of other hedge funds also recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its holdings in Touchstone Ultra Short Income ETF by 171.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 109,065 shares of the company’s stock worth $2,770,000 after buying an additional 68,898 shares during the period. Integrated Wealth Concepts LLC bought a new position in Touchstone Ultra Short Income ETF in the 3rd quarter worth $2,028,000. Fort Washington Investment Advisors Inc. OH boosted its stake in shares of Touchstone Ultra Short Income ETF by 2.4% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 2,107,157 shares of the company’s stock worth $53,322,000 after acquiring an additional 50,005 shares during the period. FFG Retirement Advisors LLC bought a new position in shares of Touchstone Ultra Short Income ETF in the fourth quarter worth about $3,097,000. Finally, Stratos Wealth Partners LTD. bought a new position in shares of Touchstone Ultra Short Income ETF in the fourth quarter worth about $420,000.

Touchstone Ultra Short Income ETF Stock Up 0.2 %

TUSI stock opened at $25.39 on Monday. The business has a fifty day simple moving average of $25.36 and a 200 day simple moving average of $25.39.

Touchstone Ultra Short Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were paid a dividend of $0.1145 per share. The ex-dividend date was Monday, December 30th.

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.