In a saute pan over medium-high heat melt the butter. When the butter is melted add the diced peaches and saute for 2 minutes. Add in the honey and cinnamon and saute another minute. Remove from the heat and let the peaches cool completely.
In a blender, add the yogurt, half and half, diced peach, honey, and vanilla bean paste. Blend until smooth.
Pour the mixture into an ice cream maker and freeze per the manufacturer's instructions. Remove the frozen yogurt from the machine and put it into a tupperware or glass dish. Stir the sauteed peaches into the frozen yogurt. Freeze for 1-2 hours before serving.
Notes
Because this is low fat frozen yogurt it will freeze hard. Let the frozen yogurt sit out for 10-15 minutes before scooping.