Virtus Seix Senior Loan ETF $SEIX Stock Holdings Lifted by AdvisorNet Financial Inc

AdvisorNet Financial Inc lifted its stake in shares of Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 21.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,859 shares of the company’s stock after acquiring an additional 42,419 shares during the quarter. AdvisorNet Financial Inc owned 2.09% of Virtus Seix Senior Loan ETF worth $5,646,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Richardson Capital Management LLC acquired a new stake in Virtus Seix Senior Loan ETF during the 3rd quarter worth about $30,000. Geneos Wealth Management Inc. purchased a new position in shares of Virtus Seix Senior Loan ETF during the third quarter valued at $52,000. Tower Research Capital LLC TRC acquired a new position in Virtus Seix Senior Loan ETF during the second quarter valued at $159,000. Silver Oak Securities Incorporated purchased a new stake in Virtus Seix Senior Loan ETF in the 3rd quarter worth about $211,000. Finally, Tactive Advisors LLC acquired a new stake in Virtus Seix Senior Loan ETF during the 2nd quarter worth about $267,000.

Virtus Seix Senior Loan ETF Price Performance

NYSEARCA:SEIX opened at $23.04 on Friday. The stock’s 50-day moving average is $23.14 and its two-hundred day moving average is $23.34. Virtus Seix Senior Loan ETF has a fifty-two week low of $22.91 and a fifty-two week high of $23.76.

Virtus Seix Senior Loan ETF Increases Dividend

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

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.