1,191,584 Shares of Virtus Seix Senior Loan ETF $SEIX Bought by Sound Income Strategies LLC

Sound Income Strategies LLC acquired a new position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,191,584 shares of the company’s stock, valued at approximately $27,591,000. Virtus Seix Senior Loan ETF makes up about 0.6% of Sound Income Strategies LLC’s investment portfolio, making the stock its 16th largest holding. Sound Income Strategies LLC owned about 9.33% of Virtus Seix Senior Loan ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc lifted its position in shares of Virtus Seix Senior Loan ETF by 3.8% during the 1st quarter. AdvisorNet Financial Inc now owns 251,060 shares of the company’s stock worth $5,790,000 after buying an additional 9,201 shares in the last quarter. Illumine Investment Management LLC grew its holdings in shares of Virtus Seix Senior Loan ETF by 2.1% in the first quarter. Illumine Investment Management LLC now owns 165,937 shares of the company’s stock valued at $3,827,000 after acquiring an additional 3,334 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Virtus Seix Senior Loan ETF by 1.4% in the first quarter. Cetera Investment Advisers now owns 153,359 shares of the company’s stock valued at $3,537,000 after acquiring an additional 2,180 shares in the last quarter. Triad Wealth Partners LLC increased its position in shares of Virtus Seix Senior Loan ETF by 257.6% during the first quarter. Triad Wealth Partners LLC now owns 132,219 shares of the company’s stock valued at $3,049,000 after acquiring an additional 95,250 shares during the last quarter. Finally, Cassady Wealth & Retirement Planning LLC increased its position in shares of Virtus Seix Senior Loan ETF by 75.3% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 102,698 shares of the company’s stock valued at $2,386,000 after acquiring an additional 44,100 shares during the last quarter.

Virtus Seix Senior Loan ETF Stock Performance

Virtus Seix Senior Loan ETF stock traded up $0.03 during mid-day trading on Friday, reaching $23.19. 74,928 shares of the company’s stock were exchanged, compared to its average volume of 103,102. The business’s fifty day simple moving average is $23.26 and its 200 day simple moving average is $23.22. Virtus Seix Senior Loan ETF has a one year low of $22.91 and a one year high of $23.65.

Virtus Seix Senior Loan ETF Profile

The Virtus Seix Senior Loan ETF (SEIX) is an exchange-traded fund that is based on the Credit Suisse Leveraged Loan index. The fund provides actively-managed exposure to noninvestment-grade, floating-rate loans made by banks to US corporations. SEIX was launched on Apr 24, 2019 and is managed by Virtus.