Thrivent Financial for Lutherans Purchases 112,669 Shares of Touchstone Strategic Income Opportunities ETF $SIO

Thrivent Financial for Lutherans increased its position in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) by 8.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,503,484 shares of the company’s stock after acquiring an additional 112,669 shares during the quarter. Thrivent Financial for Lutherans owned about 0.17% of Touchstone Strategic Income Opportunities ETF worth $39,038,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in shares of Touchstone Strategic Income Opportunities ETF by 3.9% in the third quarter. Envestnet Asset Management Inc. now owns 13,365 shares of the company’s stock valued at $352,000 after acquiring an additional 498 shares during the period. Raymond James Financial Inc. boosted its position in shares of Touchstone Strategic Income Opportunities ETF by 10.8% in the second quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock valued at $1,030,000 after acquiring an additional 3,852 shares during the period. Victory Financial Group LLC boosted its position in shares of Touchstone Strategic Income Opportunities ETF by 12.2% in the third quarter. Victory Financial Group LLC now owns 66,925 shares of the company’s stock valued at $1,762,000 after acquiring an additional 7,302 shares during the period. Fort Washington Investment Advisors Inc. OH raised its stake in Touchstone Strategic Income Opportunities ETF by 0.3% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 5,687,357 shares of the company’s stock valued at $147,587,000 after purchasing an additional 18,674 shares in the last quarter. Finally, Acorn Wealth Advisors LLC raised its stake in Touchstone Strategic Income Opportunities ETF by 42.4% in the third quarter. Acorn Wealth Advisors LLC now owns 94,322 shares of the company’s stock valued at $2,483,000 after purchasing an additional 28,099 shares in the last quarter.

Touchstone Strategic Income Opportunities ETF Price Performance

Shares of SIO opened at $25.56 on Friday. The firm’s 50 day simple moving average is $25.80 and its 200 day simple moving average is $26.06. The company has a market capitalization of $247.93 million, a P/E ratio of 18.97 and a beta of 0.28. Touchstone Strategic Income Opportunities ETF has a 1-year low of $25.49 and a 1-year high of $27.38.

Touchstone Strategic Income Opportunities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a $0.0978 dividend. This is an increase from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Thursday, February 26th.

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.