Drake & Associates LLC Has $17.72 Million Stock Holdings in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX)

Drake & Associates LLC boosted its position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 1.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 750,349 shares of the company’s stock after buying an additional 9,644 shares during the quarter. Virtus Seix Senior Loan ETF makes up about 5.0% of Drake & Associates LLC’s holdings, making the stock its 9th biggest position. Drake & Associates LLC owned about 0.05% of Virtus Seix Senior Loan ETF worth $17,716,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. increased its position in Virtus Seix Senior Loan ETF by 67.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 211,504 shares of the company’s stock worth $4,994,000 after buying an additional 85,168 shares during the period. Wealthstar Advisors LLC grew its stake in shares of Virtus Seix Senior Loan ETF by 13.3% in the first quarter. Wealthstar Advisors LLC now owns 17,214 shares of the company’s stock worth $406,000 after acquiring an additional 2,025 shares during the last quarter. US Bancorp DE acquired a new stake in shares of Virtus Seix Senior Loan ETF in the fourth quarter worth $244,000. Commonwealth Equity Services LLC increased its position in Virtus Seix Senior Loan ETF by 685.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 147,644 shares of the company’s stock worth $3,533,000 after acquiring an additional 128,854 shares during the period. Finally, RDA Financial Network raised its stake in Virtus Seix Senior Loan ETF by 2.5% during the 1st quarter. RDA Financial Network now owns 58,111 shares of the company’s stock valued at $1,372,000 after purchasing an additional 1,444 shares during the last quarter.

Virtus Seix Senior Loan ETF Price Performance

Shares of Virtus Seix Senior Loan ETF stock opened at $23.63 on Friday. The firm has a fifty day moving average price of $23.50 and a two-hundred day moving average price of $23.65. Virtus Seix Senior Loan ETF has a fifty-two week low of $22.97 and a fifty-two week high of $24.12.

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.