Invesco Variable Rate Investment Grade ETF $VRIG Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC reduced its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 11.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,244 shares of the company’s stock after selling 26,556 shares during the quarter. KMG Fiduciary Partners LLC owned approximately 0.31% of Invesco Variable Rate Investment Grade ETF worth $5,271,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VRIG. PNC Financial Services Group Inc. acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the fourth quarter valued at approximately $35,000. Sound Income Strategies LLC increased its stake in shares of Invesco Variable Rate Investment Grade ETF by 141,100.0% during the 1st quarter. Sound Income Strategies LLC now owns 1,412 shares of the company’s stock worth $35,000 after purchasing an additional 1,411 shares in the last quarter. Evolution Wealth Management Inc. acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the 1st quarter worth approximately $49,000. Harbor Asset Planning Inc. purchased a new stake in Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at approximately $80,000. Finally, Matrix Private Capital Group LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at approximately $145,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ:VRIG opened at $25.09 on Tuesday. The business’s fifty day moving average price is $25.08 and its two-hundred day moving average price is $25.09. Invesco Variable Rate Investment Grade ETF has a one year low of $25.00 and a one year high of $25.18.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a $0.0922 dividend. The ex-dividend date was Monday, July 20th.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.