Meitav Investment House Ltd. Has $1.17 Million Position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Meitav Investment House Ltd. trimmed its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,518 shares of the company’s stock after selling 2,878 shares during the quarter. Meitav Investment House Ltd. owned 0.10% of Invesco Variable Rate Investment Grade ETF worth $1,167,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Raymond James & Associates increased its position in Invesco Variable Rate Investment Grade ETF by 90.2% during the third quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock worth $4,025,000 after acquiring an additional 76,086 shares during the period. HighTower Advisors LLC boosted its stake in shares of 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 valued at $14,576,000 after buying an additional 63,859 shares during the period. Resurgent Financial Advisors LLC grew its position in Invesco Variable Rate Investment Grade ETF by 2.6% during the third quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock worth $532,000 after buying an additional 534 shares in the last quarter. Benjamin Edwards Inc. bought a new position in Invesco Variable Rate Investment Grade ETF during the 3rd quarter worth $1,639,000. Finally, IHT Wealth Management LLC raised its holdings in Invesco Variable Rate Investment Grade ETF by 63.7% in the 3rd quarter. IHT Wealth Management LLC now owns 76,117 shares of the company’s stock valued at $1,910,000 after acquiring an additional 29,610 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ VRIG opened at $25.17 on Thursday. The stock’s fifty day moving average is $25.13 and its 200 day moving average is $25.12. Invesco Variable Rate Investment Grade ETF has a 52 week low of $25.03 and a 52 week high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were issued a $0.1141 dividend. The ex-dividend date was Tuesday, January 21st.

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.