Sunflower Bank N.A. Has $13.42 Million Position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Sunflower Bank N.A. lifted its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 1.2% in the first quarter, HoldingsChannel.com reports. The fund owned 535,136 shares of the company’s stock after buying an additional 6,465 shares during the quarter. Invesco Variable Rate Investment Grade ETF comprises 3.8% of Sunflower Bank N.A.’s portfolio, making the stock its 7th biggest holding. Sunflower Bank N.A.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $13,421,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 485.9% in the fourth quarter. JPMorgan Chase & Co. now owns 3,451 shares of the company’s stock worth $87,000 after acquiring an additional 2,862 shares during the period. Mpwm Advisory Solutions LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF in the fourth quarter worth about $87,000. Golden State Wealth Management LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF in the fourth quarter worth about $100,000. NBC Securities Inc. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 105,360.0% in the first quarter. NBC Securities Inc. now owns 5,273 shares of the company’s stock worth $132,000 after acquiring an additional 5,268 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 6,365.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,465 shares of the company’s stock worth $162,000 after acquiring an additional 6,365 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Up 0.0%

NASDAQ VRIG opened at $25.08 on Friday. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.79 and a twelve month high of $25.24. The business has a 50-day moving average price of $25.01 and a 200-day moving average price of $25.09.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 23rd. Investors of record on Monday, May 19th were given a $0.1102 dividend. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, May 19th.

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.