Coppell Advisory Solutions LLC Invests $3 Million in Touchstone Ultra Short Income ETF $TUSI

Coppell Advisory Solutions LLC acquired a new stake in Touchstone Ultra Short Income ETF (BATS:TUSI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 118,646 shares of the company’s stock, valued at approximately $2,997,000. Coppell Advisory Solutions LLC owned about 1.74% of Touchstone Ultra Short Income ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TUSI. LPL Financial LLC lifted its holdings in Touchstone Ultra Short Income ETF by 80.8% during the 4th quarter. LPL Financial LLC now owns 1,063,342 shares of the company’s stock worth $26,940,000 after buying an additional 475,275 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Touchstone Ultra Short Income ETF by 98.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 804,791 shares of the company’s stock worth $20,389,000 after acquiring an additional 399,892 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Touchstone Ultra Short Income ETF by 48.4% in the 4th quarter. Royal Bank of Canada now owns 600,383 shares of the company’s stock valued at $15,211,000 after acquiring an additional 195,826 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Touchstone Ultra Short Income ETF by 242.2% in the 3rd quarter. Raymond James Financial Inc. now owns 548,671 shares of the company’s stock valued at $13,914,000 after acquiring an additional 388,336 shares during the last quarter. Finally, Allen Capital Group LLC acquired a new stake in shares of Touchstone Ultra Short Income ETF during the 1st quarter valued at approximately $12,149,000.

Touchstone Ultra Short Income ETF Price Performance

TUSI stock opened at $25.31 on Thursday. The stock’s 50 day simple moving average is $25.32 and its 200 day simple moving average is $25.35. Touchstone Ultra Short Income ETF has a 12-month low of $25.23 and a 12-month high of $25.55.

Touchstone Ultra Short Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 28th were paid a dividend of $0.0865 per share. The ex-dividend date was Friday, August 28th. This represents a c) annualized dividend and a yield of 4.1%.

About Touchstone Ultra Short Income ETF

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.