Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Short Interest Update

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,703 shares, a decrease of 79.3% from the August 31st total of 22,746 shares. Based on an average trading volume of 33,989 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Touchstone Strategic Income Opportunities ETF

A number of large investors have recently bought and sold shares of SIO. Baer Investment Advisory LLC purchased a new position in Touchstone Strategic Income Opportunities ETF during the 1st quarter worth approximately $1,795,000. FFG Retirement Advisors LLC increased its stake in shares of Touchstone Strategic Income Opportunities ETF by 4.5% in the second quarter. FFG Retirement Advisors LLC now owns 208,811 shares of the company’s stock worth $5,362,000 after acquiring an additional 8,932 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Touchstone Strategic Income Opportunities ETF by 1,582.9% during the second 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 last quarter. Janney Montgomery Scott LLC lifted its position in Touchstone Strategic Income Opportunities ETF by 16.3% during the first quarter. Janney Montgomery Scott LLC now owns 361,625 shares of the company’s stock valued at $9,268,000 after purchasing an additional 50,581 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in Touchstone Strategic Income Opportunities ETF by 0.5% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 5,712,970 shares of the company’s stock valued at $146,423,000 after purchasing an additional 25,613 shares during the last quarter.

Touchstone Strategic Income Opportunities ETF Stock Performance

SIO stock traded down $0.03 during midday trading on Friday, reaching $24.81. The stock had a trading volume of 12,919 shares, compared to its average volume of 31,821. The stock has a market cap of $291.02 million, a PE ratio of 18.97 and a beta of 0.28. The firm has a fifty day simple moving average of $25.29 and a two-hundred day simple moving average of $25.57. Touchstone Strategic Income Opportunities ETF has a 52-week low of $24.75 and a 52-week high of $27.38.

Touchstone Strategic Income Opportunities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 30th were issued a $0.1206 dividend. This is a boost from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.1159. This represents a $1.45 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend was Thursday, July 30th.

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. SIO was launched on Jul 21, 2022 and is managed by Touchstone.