44,935 Shares in Touchstone Dynamic International ETF $TDI Purchased by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. purchased a new stake in shares of Touchstone Dynamic International ETF (NASDAQ:TDI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 44,935 shares of the company’s stock, valued at approximately $2,109,000. Cabot Wealth Management Inc. owned 0.39% of Touchstone Dynamic International ETF as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in TDI. Envestnet Asset Management Inc. purchased a new position in Touchstone Dynamic International ETF in the second quarter worth approximately $7,014,000. Citadel Advisors LLC acquired a new position in shares of Touchstone Dynamic International ETF in the 2nd quarter valued at $5,176,000. Trilogy Capital Inc. purchased a new position in shares of Touchstone Dynamic International ETF during the 2nd quarter worth $3,143,000. NewEdge Advisors LLC grew its holdings in shares of Touchstone Dynamic International ETF by 6,373.6% during the 2nd quarter. NewEdge Advisors LLC now owns 50,300 shares of the company’s stock worth $2,260,000 after purchasing an additional 49,523 shares during the period. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of Touchstone Dynamic International ETF during the 3rd quarter worth $1,120,000.

Touchstone Dynamic International ETF Trading Up 1.2%

Shares of NASDAQ:TDI opened at $44.66 on Thursday. The business has a 50-day moving average price of $46.16 and a 200 day moving average price of $44.67. The company has a market capitalization of $538.15 million, a price-to-earnings ratio of 13.97 and a beta of 0.67. Touchstone Dynamic International ETF has a 12-month low of $36.42 and a 12-month high of $47.90.

Touchstone Dynamic International ETF declared that its board has approved a share buyback plan on Friday, November 6th that authorizes the company to buy back $250 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 48.7% of its shares through open market purchases. Share repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Touchstone Dynamic International ETF Profile

The Touchstone Dynamic International ETF (TDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in non-US companies from around the globe selected using a proprietary quantitative model. TDI was launched on Dec 8, 2023 and is issued by Touchstone.