Citadel Advisors LLC Has $886,000 Stock Position in Touchstone Securitized Income ETF $TSEC

Citadel Advisors LLC grew its holdings in shares of Touchstone Securitized Income ETF (NYSEARCA:TSEC) by 248.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 34,325 shares of the company’s stock after purchasing an additional 24,475 shares during the period. Citadel Advisors LLC’s holdings in Touchstone Securitized Income ETF were worth $886,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of TSEC. Atlas Wealth LLC bought a new stake in shares of Touchstone Securitized Income ETF in the fourth quarter worth $286,000. JPMorgan Chase & Co. lifted its holdings in Touchstone Securitized Income ETF by 604.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 13,480 shares of the company’s stock worth $352,000 after buying an additional 11,566 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in Touchstone Securitized Income ETF during the 1st quarter worth about $412,000. Jane Street Group LLC increased its stake in shares of Touchstone Securitized Income ETF by 181.7% in the second quarter. Jane Street Group LLC now owns 73,966 shares of the company’s stock valued at $1,933,000 after buying an additional 47,707 shares during the period. Finally, Retirement Planning Group LLC increased its stake in shares of Touchstone Securitized Income ETF by 367.3% in the first quarter. Retirement Planning Group LLC now owns 366,584 shares of the company’s stock valued at $9,454,000 after buying an additional 288,144 shares during the period.

Touchstone Securitized Income ETF Stock Performance

Shares of TSEC opened at $25.39 on Friday. Touchstone Securitized Income ETF has a 1 year low of $25.39 and a 1 year high of $26.48. The business has a 50-day moving average of $25.60 and a 200-day moving average of $25.79.

Touchstone Securitized Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Thursday, July 30th were given a dividend of $0.1638 per share. The ex-dividend date of this dividend was Thursday, July 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%. This is a boost 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.