Virtus Seix Senior Loan ETF $SEIX Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC grew its position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 12.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 374,782 shares of the company’s stock after purchasing an additional 42,893 shares during the period. AE Wealth Management LLC owned approximately 2.77% of Virtus Seix Senior Loan ETF worth $8,841,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of SEIX. Jane Street Group LLC purchased a new stake in Virtus Seix Senior Loan ETF in the first quarter valued at approximately $635,000. Ameritas Advisory Services LLC lifted its stake in Virtus Seix Senior Loan ETF by 33.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 45,188 shares of the company’s stock valued at $1,065,000 after acquiring an additional 11,427 shares during the period. USAdvisors Wealth Management LLC boosted its holdings in shares of Virtus Seix Senior Loan ETF by 0.5% in the 2nd quarter. USAdvisors Wealth Management LLC now owns 123,349 shares of the company’s stock valued at $2,905,000 after acquiring an additional 607 shares during the last quarter. Drake & Associates LLC boosted its holdings in shares of Virtus Seix Senior Loan ETF by 1.2% in the 2nd quarter. Drake & Associates LLC now owns 759,105 shares of the company’s stock valued at $17,885,000 after acquiring an additional 8,756 shares during the last quarter. Finally, Ignite Planners LLC increased its stake in shares of Virtus Seix Senior Loan ETF by 7.3% in the second quarter. Ignite Planners LLC now owns 343,004 shares of the company’s stock worth $8,146,000 after acquiring an additional 23,431 shares during the period.

Virtus Seix Senior Loan ETF Stock Performance

NYSEARCA SEIX opened at $23.24 on Friday. Virtus Seix Senior Loan ETF has a 1 year low of $22.97 and a 1 year high of $24.03. The company has a fifty day moving average of $23.39 and a 200 day moving average of $23.51.

Virtus Seix Senior Loan ETF Cuts Dividend

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