Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Increases Dividend to $0.44 Per Share

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) announced a monthly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be paid a dividend of 0.4442 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 20.5%. The ex-dividend date is Thursday, December 11th. This is a 325.1% increase from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.10.

Touchstone Strategic Income Opportunities ETF Stock Performance

SIO stock opened at $26.00 on Thursday. The firm’s fifty day moving average is $26.44 and its 200 day moving average is $26.23. Touchstone Strategic Income Opportunities ETF has a one year low of $25.15 and a one year high of $27.38. The firm has a market cap of $213.95 million, a PE ratio of 18.97 and a beta of 0.31.

Hedge Funds Weigh In On Touchstone Strategic Income Opportunities ETF

A number of hedge funds have recently modified their holdings of the business. Capital Analysts LLC purchased a new stake in Touchstone Strategic Income Opportunities ETF in the first quarter valued at approximately $40,000. Envestnet Asset Management Inc. increased its stake in Touchstone Strategic Income Opportunities ETF by 9.3% during the second quarter. Envestnet Asset Management Inc. now owns 12,867 shares of the company’s stock worth $336,000 after purchasing an additional 1,098 shares during the period. Raymond James Financial Inc. lifted its position in shares of Touchstone Strategic Income Opportunities ETF by 10.8% during the second quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock worth $1,030,000 after purchasing an additional 3,852 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of Touchstone Strategic Income Opportunities ETF by 223.2% in the third quarter. Citadel Advisors LLC now owns 57,599 shares of the company’s stock valued at $1,517,000 after purchasing an additional 39,776 shares in the last quarter. Finally, Victory Financial Group LLC boosted its position in Touchstone Strategic Income Opportunities ETF by 20.9% in the 2nd quarter. Victory Financial Group LLC now owns 59,623 shares of the company’s stock valued at $1,558,000 after buying an additional 10,315 shares during the period.

Touchstone Strategic Income Opportunities ETF Company Profile

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.