Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC cut its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 8.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,758 shares of the company’s stock after selling 1,190 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $345,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. UMB Bank n.a. purchased a new stake in Invesco Variable Rate Investment Grade ETF in the first quarter valued at approximately $26,000. JPMorgan Chase & Co. raised its position in Invesco Variable Rate Investment Grade ETF by 485.9% in the 4th quarter. JPMorgan Chase & Co. now owns 3,451 shares of the company’s stock valued at $87,000 after purchasing an additional 2,862 shares during the last quarter. Mpwm Advisory Solutions LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF during the 4th quarter worth $87,000. NBC Securities Inc. grew its position in Invesco Variable Rate Investment Grade ETF by 105,360.0% during the 1st quarter. NBC Securities Inc. now owns 5,273 shares of the company’s stock worth $132,000 after purchasing an additional 5,268 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in Invesco Variable Rate Investment Grade ETF by 6,365.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,465 shares of the company’s stock valued at $162,000 after purchasing an additional 6,365 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Up 0.0%

Shares of NASDAQ:VRIG opened at $25.12 on Wednesday. Invesco Variable Rate Investment Grade ETF has a one year low of $24.79 and a one year high of $25.24. The company has a 50-day simple moving average of $25.03 and a 200-day simple moving average of $25.09.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 19th were paid a dividend of $0.1102 per share. The ex-dividend date was Monday, May 19th. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.09.

Invesco Variable Rate Investment Grade ETF Profile

The Invesco Variable Rate Investment Grade ETF (VRIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities.