Farther Finance Advisors LLC Cuts Position in Invesco Variable Rate Investment Grade ETF $VRIG

Farther Finance Advisors LLC trimmed its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 5.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,054 shares of the company’s stock after selling 704 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $327,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. UMB Bank n.a. purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the first quarter worth approximately $26,000. WASHINGTON TRUST Co purchased a new position in Invesco Variable Rate Investment Grade ETF in the first quarter valued at approximately $50,000. Allworth Financial LP purchased a new position in Invesco Variable Rate Investment Grade ETF in the first quarter valued at approximately $50,000. Northwestern Mutual Wealth Management Co. increased its stake in Invesco Variable Rate Investment Grade ETF by 258.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,477 shares of the company’s stock valued at $112,000 after purchasing an additional 3,227 shares during the last quarter. Finally, NBC Securities Inc. increased its stake in Invesco Variable Rate Investment Grade ETF by 105,360.0% in the first quarter. NBC Securities Inc. now owns 5,273 shares of the company’s stock valued at $132,000 after purchasing an additional 5,268 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.08 on Tuesday. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.79 and a 52 week high of $25.21. The firm’s 50 day moving average is $25.10 and its two-hundred day moving average is $25.07.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

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

About Invesco Variable Rate Investment Grade ETF

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.