Sunflower Bank N.A. Raises Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Sunflower Bank N.A. boosted its stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 2.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 528,671 shares of the company’s stock after buying an additional 13,430 shares during the period. Invesco Variable Rate Investment Grade ETF accounts for 3.7% of Sunflower Bank N.A.’s portfolio, making the stock its 8th biggest holding. Sunflower Bank N.A. owned about 1.17% of Invesco Variable Rate Investment Grade ETF worth $13,278,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VRIG. NBC Securities Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 34.7% during the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock valued at $129,000 after purchasing an additional 1,335 shares in the last quarter. Concorde Asset Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at approximately $202,000. Inspire Advisors LLC acquired a new position in Invesco Variable Rate Investment Grade ETF in the 2nd quarter worth approximately $287,000. Farther Finance Advisors LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF during the 3rd quarter valued at $375,000. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 57.2% in the third quarter. Advisors Asset Management Inc. now owns 19,099 shares of the company’s stock valued at $479,000 after purchasing an additional 6,948 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of VRIG stock remained flat at $25.16 on Monday. The stock had a trading volume of 499,718 shares, compared to its average volume of 698,317. The company has a 50-day moving average of $25.13 and a 200 day moving average of $25.12. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.00 and a twelve month high of $25.24.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.1325 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.12.

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.