Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC lowered its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 7.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 338,855 shares of the company’s stock after selling 27,425 shares during the period. Beaumont Financial Advisors LLC owned about 1.04% of Invesco Variable Rate Investment Grade ETF worth $8,468,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VRIG. Mainstay Capital Management LLC ADV lifted its stake in Invesco Variable Rate Investment Grade ETF by 2,133.7% in the third quarter. Mainstay Capital Management LLC ADV now owns 2,607,914 shares of the company’s stock valued at $65,053,000 after acquiring an additional 2,491,159 shares during the last quarter. Morgan Stanley raised its position in shares of Invesco Variable Rate Investment Grade ETF by 45.2% in the fourth quarter. Morgan Stanley now owns 2,428,615 shares of the company’s stock valued at $60,011,000 after purchasing an additional 756,583 shares during the period. Fiduciary Planning LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF by 245.3% in the fourth quarter. Fiduciary Planning LLC now owns 928,359 shares of the company’s stock valued at $23,200,000 after purchasing an additional 659,505 shares during the period. Jane Street Group LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF by 385.9% in the third quarter. Jane Street Group LLC now owns 424,544 shares of the company’s stock valued at $10,452,000 after purchasing an additional 337,166 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Invesco Variable Rate Investment Grade ETF by 588.5% in the third quarter. Envestnet Asset Management Inc. now owns 352,782 shares of the company’s stock valued at $8,800,000 after purchasing an additional 301,544 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of NASDAQ:VRIG remained flat at $25.18 during trading on Friday. 115,838 shares of the stock were exchanged, compared to its average volume of 312,801. Invesco Variable Rate Investment Grade ETF has a 12 month low of $24.76 and a 12 month high of $25.20. The firm’s 50 day moving average is $25.11 and its two-hundred day moving average is $25.03.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.1304 per share. This represents a $1.57 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend was Monday, March 18th.

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.