Baer Investment Advisory LLC Purchases New Holdings in Touchstone Strategic Income Opportunities ETF $SIO

Baer Investment Advisory LLC acquired a new stake in shares of Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) in the 1st quarter, HoldingsChannel reports. The firm acquired 70,043 shares of the company’s stock, valued at approximately $1,795,000.

Other hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its stake in shares of Touchstone Strategic Income Opportunities ETF by 8.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,503,484 shares of the company’s stock worth $39,038,000 after purchasing an additional 112,669 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in Touchstone Strategic Income Opportunities ETF by 0.5% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 5,712,970 shares of the company’s stock valued at $146,423,000 after buying an additional 25,613 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Touchstone Strategic Income Opportunities ETF by 16.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 361,625 shares of the company’s stock valued at $9,268,000 after buying an additional 50,581 shares during the period. MML Investors Services LLC increased its stake in Touchstone Strategic Income Opportunities ETF by 7.9% in the 4th quarter. MML Investors Services LLC now owns 23,400 shares of the company’s stock valued at $607,000 after buying an additional 1,709 shares during the period. Finally, Jane Street Group LLC purchased a new position in Touchstone Strategic Income Opportunities ETF during the 4th quarter worth $240,000.

Touchstone Strategic Income Opportunities ETF Stock Performance

Shares of Touchstone Strategic Income Opportunities ETF stock opened at $25.67 on Friday. Touchstone Strategic Income Opportunities ETF has a one year low of $25.28 and a one year high of $27.38. The company has a market cap of $267.74 million, a P/E ratio of 18.97 and a beta of 0.27. The firm has a fifty day moving average of $25.70 and a two-hundred day moving average of $25.89.

Touchstone Strategic Income Opportunities ETF 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.