Adamsbrown Wealth Consultants LLC Trims Stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Adamsbrown Wealth Consultants LLC reduced its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,391 shares of the company’s stock after selling 1,949 shares during the quarter. Adamsbrown Wealth Consultants LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Resurgent Financial Advisors LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 2.6% in the third quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock worth $532,000 after purchasing an additional 534 shares during the period. Trademark Financial Management LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 3.8% in the third quarter. Trademark Financial Management LLC now owns 21,745 shares of the company’s stock worth $545,000 after purchasing an additional 786 shares during the period. NBC Securities Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 34.7% in the third quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock worth $129,000 after purchasing an additional 1,335 shares during the period. Sunflower Bank N.A. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 0.3% in the third quarter. Sunflower Bank N.A. now owns 515,241 shares of the company’s stock worth $12,925,000 after purchasing an additional 1,339 shares during the period. Finally, Kovack Advisors Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 1.3% in the third quarter. Kovack Advisors Inc. now owns 155,960 shares of the company’s stock worth $3,912,000 after purchasing an additional 2,000 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ:VRIG opened at $25.11 on Monday. The firm has a fifty day moving average price of $25.13 and a 200 day moving average price of $25.12. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $25.03 and a fifty-two week high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a dividend of $0.1141 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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.