LPL Financial LLC Raises Stock Position in Virtus Seix Senior Loan ETF $SEIX

LPL Financial LLC increased its holdings in shares of Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 669.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,750 shares of the company’s stock after purchasing an additional 64,170 shares during the quarter. LPL Financial LLC owned 0.53% of Virtus Seix Senior Loan ETF worth $1,741,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers increased its position in shares of Virtus Seix Senior Loan ETF by 6.3% during the 1st quarter. Cetera Investment Advisers now owns 154,608 shares of the company’s stock worth $3,650,000 after purchasing an additional 9,203 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Virtus Seix Senior Loan ETF by 67.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 211,504 shares of the company’s stock worth $4,994,000 after purchasing an additional 85,168 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Virtus Seix Senior Loan ETF by 455.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 387,091 shares of the company’s stock worth $9,139,000 after purchasing an additional 317,445 shares during the last quarter. Wealthstar Advisors LLC increased its position in shares of Virtus Seix Senior Loan ETF by 13.3% during the 1st quarter. Wealthstar Advisors LLC now owns 17,214 shares of the company’s stock worth $406,000 after purchasing an additional 2,025 shares during the last quarter. Finally, Kestra Private Wealth Services LLC increased its position in shares of Virtus Seix Senior Loan ETF by 113.2% during the 1st quarter. Kestra Private Wealth Services LLC now owns 99,280 shares of the company’s stock worth $2,344,000 after purchasing an additional 52,709 shares during the last quarter.

Virtus Seix Senior Loan ETF Price Performance

Shares of NYSEARCA:SEIX opened at $23.52 on Friday. The business has a 50-day moving average price of $23.61 and a 200 day moving average price of $23.58. Virtus Seix Senior Loan ETF has a 12-month low of $22.97 and a 12-month high of $24.12.

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.