EverSource Wealth Advisors LLC Acquires 4,188 Shares of Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT)

EverSource Wealth Advisors LLC boosted its holdings in Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) by 4,408.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 4,283 shares of the company’s stock after purchasing an additional 4,188 shares during the period. EverSource Wealth Advisors LLC’s holdings in Virtus Newfleet Multi-Sector Bond ETF were worth $97,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Fifth Third Securities Inc. acquired a new position in shares of Virtus Newfleet Multi-Sector Bond ETF during the second quarter valued at about $1,854,000. Farmers & Merchants Investments Inc. acquired a new position in Virtus Newfleet Multi-Sector Bond ETF in the 2nd quarter valued at approximately $30,000. Finally, Rockport Wealth LLC acquired a new position in Virtus Newfleet Multi-Sector Bond ETF in the 1st quarter valued at approximately $283,000.

Virtus Newfleet Multi-Sector Bond ETF Price Performance

Shares of NYSEARCA:NFLT opened at $22.99 on Friday. Virtus Newfleet Multi-Sector Bond ETF has a 1-year low of $21.05 and a 1-year high of $23.32. The business’s 50 day moving average is $22.81 and its 200-day moving average is $22.50.

About Virtus Newfleet Multi-Sector Bond ETF

The Virtus Newfleet Multi-Sector Bond ETF (NFLT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of bonds. The portfolio managers can invest in domestic, international and emerging market bonds, USD- or non-USD denominated, investment grade or high yield and in any sector.