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Treasury yields surge as U.S.-Iran tensions lift oil prices. These ETFs could help investors navigate a rising-rate environment.
Virtus Seix Senior Loan ETF offers classic leveraged loan exposure, overweight single-B credits, and has demonstrated consistent outperformance versus BKLN. SEIX maintains low volatility and drawdowns outside of COVID, but currently yields a modest 6.5% SEC yield. Leveraged loan spreads are at long-term averages, offering no clear buy or sell signal; fundamental deterioration is a growing concern.
Virtus Seix Senior Loan ETF (NYSEARCA:SEIX - Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 228,095 shares, a growth of 514.4% from the November 30th total of 37,126 shares. Approximately 1.7% of the company's stock are
AdvisorNet Financial Inc raised its position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 43.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 199,440 shares of the company's stock after purchasing an additional 60,536 shares during
B. Riley Wealth Advisors Inc. acquired a new stake in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 23,410 shares of the company's stock, valued at approximately $552,000. B. Riley Wealth
The Virtus Seix Senior Loan ETF (Fund) returned 2.02% in the third quarter, bettering its benchmark, the S&P UBS Leveraged Loan Index, which returned 1.68%. The Fund's top positive contributors by sector were automotive, food/tobacco, and financials. The Fund's top negative contributors by sector were information technology, healthcare, and consumer durables.
Allworth Financial LP cut its position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 37.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,515 shares of the company's stock after selling 9,171 shares during the period.
An upbeat job market and moderately cooling inflation may prevent the Fed from opting for significant rate cuts in the near future.