Sheets Smith Wealth Management Decreases Holdings in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX)

Sheets Smith Wealth Management reduced its position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 2.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 58,519 shares of the company’s stock after selling 1,564 shares during the period. Sheets Smith Wealth Management’s holdings in Virtus Seix Senior Loan ETF were worth $1,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Transcendent Capital Group LLC purchased a new position in shares of Virtus Seix Senior Loan ETF in the first quarter worth approximately $101,000. Cetera Investment Advisers bought a new stake in Virtus Seix Senior Loan ETF during the first quarter valued at about $2,481,000. Diversify Advisory Services LLC increased its position in Virtus Seix Senior Loan ETF by 17.6% in the second quarter. Diversify Advisory Services LLC now owns 11,410 shares of the company’s stock worth $272,000 after buying an additional 1,709 shares in the last quarter. Ignite Planners LLC increased its position in Virtus Seix Senior Loan ETF by 19.0% in the second quarter. Ignite Planners LLC now owns 259,988 shares of the company’s stock worth $6,201,000 after buying an additional 41,509 shares in the last quarter. Finally, OxenFree Capital LLC raised its stake in shares of Virtus Seix Senior Loan ETF by 7.3% in the second quarter. OxenFree Capital LLC now owns 34,915 shares of the company’s stock worth $832,000 after buying an additional 2,381 shares during the period.

Virtus Seix Senior Loan ETF Trading Up 0.1 %

Shares of NYSEARCA:SEIX opened at $23.96 on Friday. The stock has a 50 day moving average of $23.88 and a 200 day moving average of $23.88. Virtus Seix Senior Loan ETF has a 12-month low of $23.68 and a 12-month high of $24.50.

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.