Aviance Capital Management LLC lowered its stake in shares of Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NYSEARCA:NFLT) by 8.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,953,218 shares of the company’s stock after selling 464,991 shares during the period. Virtus Newfleet Multi-Sector Unconstrained Bond ETF comprises approximately 8.9% of Aviance Capital Management LLC’s investment portfolio, making the stock its biggest holding. Aviance Capital Management LLC owned 0.79% of Virtus Newfleet Multi-Sector Unconstrained Bond ETF worth $124,970,000 as of its most recent SEC filing.

Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NYSEARCA NFLT) opened at $24.84 on Wednesday. Virtus Newfleet Multi-Sector Unconstrained Bond ETF has a 1 year low of $24.78 and a 1 year high of $25.95.

The business also recently declared a monthly dividend, which was paid on Tuesday, January 30th. Investors of record on Tuesday, January 23rd were given a dividend of $0.0661 per share. The ex-dividend date was Monday, January 22nd. This represents a $0.79 annualized dividend and a yield of 3.19%.

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Want to see what other hedge funds are holding NFLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NYSEARCA:NFLT).

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