Kestra Private Wealth Services LLC Makes New $1.12 Million Investment in Touchstone Dynamic International ETF $TDI

Kestra Private Wealth Services LLC purchased a new stake in shares of Touchstone Dynamic International ETF (NASDAQ:TDI) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 23,863 shares of the company’s stock, valued at approximately $1,120,000.

Other large investors have also added to or reduced their stakes in the company. MGO One Seven LLC purchased a new position in shares of Touchstone Dynamic International ETF in the third quarter valued at about $519,000. Envestnet Asset Management Inc. purchased a new position in Touchstone Dynamic International ETF during the 2nd quarter valued at about $7,014,000. NewEdge Advisors LLC increased its holdings in Touchstone Dynamic International ETF by 6,373.6% during the 2nd quarter. NewEdge Advisors LLC now owns 50,300 shares of the company’s stock valued at $2,260,000 after purchasing an additional 49,523 shares during the period. Citadel Advisors LLC bought a new position in Touchstone Dynamic International ETF during the 2nd quarter valued at approximately $5,176,000. Finally, Moody National Bank Trust Division raised its position in Touchstone Dynamic International ETF by 9.1% during the 2nd quarter. Moody National Bank Trust Division now owns 86,072 shares of the company’s stock valued at $3,867,000 after purchasing an additional 7,159 shares during the last quarter.

Touchstone Dynamic International ETF Trading Up 0.1%

NASDAQ TDI traded up $0.05 on Friday, hitting $43.30. The company’s stock had a trading volume of 51,889 shares, compared to its average volume of 76,604. Touchstone Dynamic International ETF has a 52-week low of $36.42 and a 52-week high of $47.90. The company’s 50-day simple moving average is $46.31 and its 200 day simple moving average is $44.62. The firm has a market cap of $513.10 million, a P/E ratio of 13.97 and a beta of 0.67.

Touchstone Dynamic International ETF announced that its Board of Directors has approved a share repurchase program on Friday, November 6th that allows the company to repurchase $250 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 48.7% of its shares through open market purchases. Share repurchase programs are typically an indication that the company’s leadership believes its shares are undervalued.

Touchstone Dynamic International ETF Company Profile

The Touchstone Dynamic International ETF (TDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in non-US companies from around the globe selected using a proprietary quantitative model. TDI was launched on Dec 8, 2023 and is issued by Touchstone.