Touchstone Securitized Income ETF (NYSEARCA:TSEC) Short Interest Down 39.7% in August

Touchstone Securitized Income ETF (NYSEARCA:TSEC) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 5,969 shares, a decline of 39.7% from the August 15th total of 9,906 shares. Based on an average daily volume of 34,704 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TSEC. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Touchstone Securitized Income ETF by 0.6% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 3,900,413 shares of the company’s stock valued at $100,592,000 after purchasing an additional 25,000 shares during the last quarter. Retirement Planning Group LLC boosted its stake in Touchstone Securitized Income ETF by 367.3% in the 1st quarter. Retirement Planning Group LLC now owns 366,584 shares of the company’s stock worth $9,454,000 after purchasing an additional 288,144 shares during the period. Citadel Advisors LLC grew its position in Touchstone Securitized Income ETF by 248.5% during the 2nd quarter. Citadel Advisors LLC now owns 34,325 shares of the company’s stock worth $886,000 after purchasing an additional 24,475 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Touchstone Securitized Income ETF during the 1st quarter valued at $412,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Touchstone Securitized Income ETF during the 2nd quarter valued at $26,000.

Touchstone Securitized Income ETF Stock Performance

NYSEARCA TSEC remained flat at $25.38 on Wednesday. The company’s stock had a trading volume of 13,437 shares, compared to its average volume of 24,923. The stock’s 50 day moving average price is $25.59 and its two-hundred day moving average price is $25.77. Touchstone Securitized Income ETF has a 52-week low of $25.34 and a 52-week high of $26.48.

Touchstone Securitized Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were issued a $0.1638 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date was Thursday, July 30th. This is an increase from Touchstone Securitized Income ETF’s previous monthly dividend of $0.16.

About Touchstone Securitized Income ETF

The Touchstone Securitized Income ETF (TSEC) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively managed, broad portfolio of securitized fixed income securities. The fund may tilt towards short-term, investment grade paper but the portfolio managers are not held to those requirements. TSEC was launched on Jul 17, 2023 and is issued by Touchstone.