Coppell Advisory Solutions LLC Trims Stake in Touchstone Ultra Short Income ETF $TUSI

Coppell Advisory Solutions LLC lowered its position in Touchstone Ultra Short Income ETF (BATS:TUSI) by 39.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 82,947 shares of the company’s stock after selling 53,092 shares during the quarter. Coppell Advisory Solutions LLC owned about 1.22% of Touchstone Ultra Short Income ETF worth $2,099,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. raised its holdings in shares of Touchstone Ultra Short Income ETF by 2.6% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 25,780 shares of the company’s stock valued at $653,000 after acquiring an additional 660 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Touchstone Ultra Short Income ETF by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 162,336 shares of the company’s stock worth $4,111,000 after purchasing an additional 21,643 shares during the last quarter. LPL Financial LLC increased its position in shares of Touchstone Ultra Short Income ETF by 56.2% in the first quarter. LPL Financial LLC now owns 87,003 shares of the company’s stock worth $2,203,000 after purchasing an additional 31,310 shares during the last quarter. RPS Advisory Solutions LLC purchased a new stake in Touchstone Ultra Short Income ETF in the second quarter valued at approximately $4,203,000. Finally, Atlas Wealth LLC bought a new stake in Touchstone Ultra Short Income ETF during the second quarter valued at approximately $790,000.

Touchstone Ultra Short Income ETF Stock Performance

Touchstone Ultra Short Income ETF stock opened at $25.37 on Friday. Touchstone Ultra Short Income ETF has a fifty-two week low of $25.02 and a fifty-two week high of $25.57. The firm’s fifty day moving average price is $25.38 and its 200-day moving average price is $25.37.

Touchstone Ultra Short Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a $0.013 dividend. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, December 11th.

Touchstone Ultra Short Income ETF Profile

The Touchstone Ultra Short Income ETF (TUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to select a broad portfolio of attractively priced fixed income securities of ultra-short term maturities and varied credit ratings. TUSI was launched on Aug 4, 2022 and is managed by Touchstone.