Concurrent Investment Advisors LLC Sells 45,618 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Concurrent Investment Advisors LLC reduced its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 21.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 162,758 shares of the company’s stock after selling 45,618 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.32% of Invesco Variable Rate Investment Grade ETF worth $4,085,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA increased its position in shares of Invesco Variable Rate Investment Grade ETF by 155.5% in the third quarter. Private Trust Co. NA now owns 6,285 shares of the company’s stock valued at $158,000 after acquiring an additional 3,825 shares during the period. Traub Capital Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the second quarter worth about $197,000. Empirical Asset Management LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the second quarter worth about $201,000. IronOak Wealth LLC. purchased a new position in Invesco Variable Rate Investment Grade ETF during the 2nd quarter valued at about $202,000. Finally, Kingsview Wealth Management LLC purchased a new position in Invesco Variable Rate Investment Grade ETF during the 2nd quarter valued at about $217,000.

Invesco Variable Rate Investment Grade ETF Trading Up 0.0%

NASDAQ VRIG opened at $25.15 on Thursday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.79 and a fifty-two week high of $25.19. The stock has a 50 day simple moving average of $25.11 and a two-hundred day simple moving average of $25.10.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.0961 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.