Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Acquired by Sequent Planning LLC

Sequent Planning LLC increased its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 12.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,068 shares of the company’s stock after purchasing an additional 2,694 shares during the period. Sequent Planning LLC owned 0.05% of Invesco Variable Rate Investment Grade ETF worth $630,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in Invesco Variable Rate Investment Grade ETF by 19.9% in the fourth quarter. Bank of New York Mellon Corp now owns 393,752 shares of the company’s stock worth $9,889,000 after purchasing an additional 65,230 shares in the last quarter. Truist Financial Corp bought a new position in Invesco Variable Rate Investment Grade ETF in the fourth quarter worth about $208,000. HighTower Advisors LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 12.4% in the third quarter. HighTower Advisors LLC now owns 580,746 shares of the company’s stock worth $14,576,000 after acquiring an additional 63,859 shares during the last quarter. Resurgent Financial Advisors LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 2.6% in the third quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock worth $532,000 after acquiring an additional 534 shares during the last quarter. Finally, Benjamin Edwards Inc. bought a new position in Invesco Variable Rate Investment Grade ETF in the third quarter worth about $1,639,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of NASDAQ VRIG opened at $25.16 on Monday. The firm’s 50-day moving average price is $25.13 and its two-hundred day moving average price is $25.13. Invesco Variable Rate Investment Grade ETF has a 52-week low of $25.05 and a 52-week high of $27.55.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a $0.1041 dividend. The ex-dividend date of this dividend was Monday, February 24th.

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.