Virtus Seix Senior Loan ETF $SEIX Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 393,966 shares of the company’s stock after acquiring an additional 27,876 shares during the quarter. Envestnet Asset Management Inc. owned 2.91% of Virtus Seix Senior Loan ETF worth $9,294,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SEIX. Illumine Investment Management LLC boosted its stake in shares of Virtus Seix Senior Loan ETF by 4.2% in the third quarter. Illumine Investment Management LLC now owns 160,049 shares of the company’s stock valued at $3,776,000 after purchasing an additional 6,468 shares during the period. Thrivent Financial for Lutherans boosted its position in Virtus Seix Senior Loan ETF by 661.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 126,200 shares of the company’s stock valued at $2,977,000 after buying an additional 109,632 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in Virtus Seix Senior Loan ETF by 5.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 219,707 shares of the company’s stock valued at $5,183,000 after buying an additional 10,995 shares during the last quarter. AE Wealth Management LLC grew its stake in shares of Virtus Seix Senior Loan ETF by 12.9% during the third quarter. AE Wealth Management LLC now owns 374,782 shares of the company’s stock valued at $8,841,000 after acquiring an additional 42,893 shares in the last quarter. Finally, James Investment Research Inc. increased its position in shares of Virtus Seix Senior Loan ETF by 6.2% during the third quarter. James Investment Research Inc. now owns 31,163 shares of the company’s stock worth $735,000 after acquiring an additional 1,824 shares during the last quarter.

Virtus Seix Senior Loan ETF Trading Up 0.1%

NYSEARCA:SEIX opened at $23.26 on Thursday. Virtus Seix Senior Loan ETF has a one year low of $22.97 and a one year high of $24.02. The business’s 50-day simple moving average is $23.34 and its 200 day simple moving average is $23.47.

Virtus Seix Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, January 27th. Stockholders of record on Tuesday, January 20th were given a dividend of $0.074 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Virtus Seix Senior Loan ETF Company 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.