JPMorgan Chase & Co. Has $3.81 Million Position in Virtus Seix Senior Loan ETF $SEIX

JPMorgan Chase & Co. grew its position in shares of Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 822.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 161,455 shares of the company’s stock after purchasing an additional 143,955 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.19% of Virtus Seix Senior Loan ETF worth $3,809,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. bought a new position in shares of Virtus Seix Senior Loan ETF in the 2nd quarter worth about $552,000. AE Wealth Management LLC boosted its position in shares of Virtus Seix Senior Loan ETF by 12.9% during the 3rd quarter. AE Wealth Management LLC now owns 374,782 shares of the company’s stock valued at $8,841,000 after purchasing an additional 42,893 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Virtus Seix Senior Loan ETF by 7.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 393,966 shares of the company’s stock valued at $9,294,000 after purchasing an additional 27,876 shares in the last quarter. AdvisorNet Financial Inc grew its stake in Virtus Seix Senior Loan ETF by 43.6% during the third quarter. AdvisorNet Financial Inc now owns 199,440 shares of the company’s stock worth $4,705,000 after purchasing an additional 60,536 shares during the period. Finally, Thrivent Financial for Lutherans grew its stake in Virtus Seix Senior Loan ETF by 661.7% during the third quarter. Thrivent Financial for Lutherans now owns 126,200 shares of the company’s stock worth $2,977,000 after purchasing an additional 109,632 shares during the period.

Virtus Seix Senior Loan ETF Stock Performance

NYSEARCA:SEIX opened at $23.04 on Friday. Virtus Seix Senior Loan ETF has a twelve month low of $22.91 and a twelve month high of $23.76. The company has a fifty day moving average of $23.14 and a 200-day moving average of $23.34.

Virtus Seix Senior Loan ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a $0.1334 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. This is a positive change from Virtus Seix Senior Loan ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 20th.

About Virtus Seix Senior Loan ETF

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.