Wagner Wealth Management LLC Sells 2,782 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Wagner Wealth Management LLC cut its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 1.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 198,318 shares of the company’s stock after selling 2,782 shares during the period. Invesco Variable Rate Investment Grade ETF makes up about 1.1% of Wagner Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding. Wagner Wealth Management LLC owned about 0.41% of Invesco Variable Rate Investment Grade ETF worth $4,968,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 25.9% during the first quarter. LPL Financial LLC now owns 4,139,340 shares of the company’s stock worth $103,815,000 after acquiring an additional 851,024 shares during the last quarter. Assetmark Inc. raised its stake in Invesco Variable Rate Investment Grade ETF by 1,067.1% during the first quarter. Assetmark Inc. now owns 3,527,911 shares of the company’s stock valued at $88,480,000 after purchasing an additional 3,225,624 shares in the last quarter. Fiduciary Planning LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 3.0% during the first quarter. Fiduciary Planning LLC now owns 1,080,923 shares of the company’s stock valued at $27,110,000 after purchasing an additional 31,519 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Invesco Variable Rate Investment Grade ETF by 143.3% during the first quarter. Bank of New York Mellon Corp now owns 957,878 shares of the company’s stock valued at $24,024,000 after purchasing an additional 564,126 shares in the last quarter. Finally, Cherry Creek Investment Advisors Inc. raised its stake in Invesco Variable Rate Investment Grade ETF by 13.6% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 709,950 shares of the company’s stock valued at $17,806,000 after purchasing an additional 84,908 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Invesco Variable Rate Investment Grade ETF stock opened at $25.08 on Friday. The firm’s fifty day moving average is $25.10 and its 200 day moving average is $25.07. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.79 and a 52-week high of $25.21.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a dividend of $0.1036 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a c) dividend on an annualized basis and a yield of 5.0%.

Invesco Variable Rate Investment Grade ETF Company 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.