20,817 Shares of Touchstone Strategic Income Opportunities ETF $SIO Acquired by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC bought a new position in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) in the third quarter, HoldingsChannel reports. The fund bought 20,817 shares of the company’s stock, valued at approximately $512,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SIO. Insight Wealth Partners LLC bought a new position in Touchstone Strategic Income Opportunities ETF during the 3rd quarter valued at about $219,000. Victory Financial Group LLC grew its position in Touchstone Strategic Income Opportunities ETF by 5.8% in 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 period. FFG Retirement Advisors LLC grew its position in Touchstone Strategic Income Opportunities ETF by 4.5% in the 2nd quarter. FFG Retirement Advisors LLC now owns 208,811 shares of the company’s stock worth $5,362,000 after purchasing an additional 8,932 shares during the period. Envestnet Asset Management Inc. grew its position 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 during the period. Finally, Fort Washington Investment Advisors Inc. OH raised its stake in Touchstone Strategic Income Opportunities ETF by 15.2% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 6,652,036 shares of the company’s stock valued at $163,574,000 after buying an additional 879,882 shares during the last quarter.

Touchstone Strategic Income Opportunities ETF Price Performance

NYSEARCA SIO opened at $25.00 on Tuesday. The business’s fifty day moving average price is $24.92 and its 200-day moving average price is $25.54. The stock has a market capitalization of $311.25 million, a price-to-earnings ratio of 18.97 and a beta of 0.28. Touchstone Strategic Income Opportunities ETF has a 1-year low of $24.46 and a 1-year high of $26.64.

Touchstone Strategic Income Opportunities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Thursday, October 29th were issued a $0.1048 dividend. The ex-dividend date of this dividend was Thursday, October 29th. This is a decrease from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.1164. This represents a $1.26 annualized dividend and a dividend yield of 5.0%.

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.