Sound Income Strategies LLC Buys 1,191,584 Shares of Virtus Seix Senior Loan ETF $SEIX

Sound Income Strategies LLC purchased a new position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) in the third quarter, Holdings Channel reports. The institutional investor purchased 1,191,584 shares of the company’s stock, valued at approximately $27,591,000. Virtus Seix Senior Loan ETF comprises 0.6% of Sound Income Strategies LLC’s investment portfolio, making the stock its 16th largest holding. Sound Income Strategies LLC owned approximately 0.09% of Virtus Seix Senior Loan ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Cassady Wealth & Retirement Planning LLC grew its holdings in Virtus Seix Senior Loan ETF by 75.3% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 102,698 shares of the company’s stock valued at $2,386,000 after buying an additional 44,100 shares in the last quarter. Triad Wealth Partners LLC raised its position in shares of Virtus Seix Senior Loan ETF by 257.6% during the 1st quarter. Triad Wealth Partners LLC now owns 132,219 shares of the company’s stock valued at $3,049,000 after buying an additional 95,250 shares in the last quarter. Independent Financial Group LLC bought a new stake in Virtus Seix Senior Loan ETF during the first quarter worth about $498,000. Allworth Financial LP lifted its position in Virtus Seix Senior Loan ETF by 22.6% in the 2nd quarter. Allworth Financial LP now owns 5,911 shares of the company’s stock worth $137,000 after buying an additional 1,091 shares during the last quarter. Finally, Tactive Advisors LLC lifted its holdings in shares of Virtus Seix Senior Loan ETF by 66.3% in the 3rd quarter. Tactive Advisors LLC now owns 34,631 shares of the company’s stock worth $803,000 after acquiring an additional 13,810 shares during the last quarter.

Virtus Seix Senior Loan ETF Stock Performance

NYSEARCA SEIX traded up $0.03 during trading on Friday, hitting $23.19. 74,928 shares of the company’s stock traded hands, compared to its average volume of 103,102. Virtus Seix Senior Loan ETF has a 12-month low of $22.91 and a 12-month high of $23.65. The stock has a fifty day moving average of $23.26 and a two-hundred day moving average of $23.22.

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.