EverSource Wealth Advisors LLC Purchases 5,186 Shares of Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT)

EverSource Wealth Advisors LLC raised its position in shares of Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) by 119.8% in the fourth quarter, HoldingsChannel reports. The fund owned 9,514 shares of the company’s stock after acquiring an additional 5,186 shares during the period. EverSource Wealth Advisors LLC’s holdings in Virtus Newfleet Multi-Sector Bond ETF were worth $214,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Fifth Third Securities Inc. raised its position in shares of Virtus Newfleet Multi-Sector Bond ETF by 42.5% in the fourth quarter. Fifth Third Securities Inc. now owns 114,187 shares of the company’s stock valued at $2,563,000 after buying an additional 34,069 shares in the last quarter.

Virtus Newfleet Multi-Sector Bond ETF Stock Performance

NYSEARCA NFLT opened at $22.61 on Monday. Virtus Newfleet Multi-Sector Bond ETF has a 1-year low of $21.97 and a 1-year high of $23.32. The company has a 50 day moving average of $22.61 and a 200-day moving average of $22.73.

Virtus Newfleet Multi-Sector Bond ETF Profile

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.