Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC trimmed its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 1.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 133,853 shares of the company’s stock after selling 2,527 shares during the quarter. KMG Fiduciary Partners LLC owned 0.32% of Invesco Variable Rate Investment Grade ETF worth $3,358,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of VRIG. NBC Securities Inc. lifted its stake in Invesco Variable Rate Investment Grade ETF by 34.7% during the third quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock valued at $129,000 after buying an additional 1,335 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Invesco Variable Rate Investment Grade ETF by 168.3% during the first quarter. Advisors Asset Management Inc. now owns 6,461 shares of the company’s stock valued at $162,000 after buying an additional 4,053 shares in the last quarter. Calton & Associates Inc. purchased a new stake in Invesco Variable Rate Investment Grade ETF during the first quarter valued at about $202,000. Prevail Innovative Wealth Advisors LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF during the first quarter valued at about $215,000. Finally, Inspire Advisors LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF during the second quarter valued at about $287,000.

Invesco Variable Rate Investment Grade ETF Stock Up 0.1 %

VRIG stock opened at $25.18 on Friday. Invesco Variable Rate Investment Grade ETF has a one year low of $24.85 and a one year high of $25.24. The firm has a 50-day moving average of $25.12 and a two-hundred day moving average of $25.14.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.127 dividend. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.13. The ex-dividend date was Monday, September 23rd. This represents a $1.52 dividend on an annualized basis and a dividend yield of 6.05%.

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.