HHM Wealth Advisors LLC Decreases Stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

HHM Wealth Advisors LLC cut its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 27.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,005 shares of the company’s stock after selling 6,715 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $452,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lunt Capital Management Inc. lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 93.9% during the fourth quarter. Lunt Capital Management Inc. now owns 847,989 shares of the company’s stock worth $21,297,000 after acquiring an additional 410,593 shares in the last quarter. Goldstone Financial Group LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 3rd quarter valued at $10,015,000. Cerro Pacific Wealth Advisors LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 75.0% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 235,516 shares of the company’s stock worth $5,908,000 after purchasing an additional 100,937 shares in the last quarter. Beaumont Financial Advisors LLC grew its holdings in Invesco Variable Rate Investment Grade ETF by 22.6% during the 4th quarter. Beaumont Financial Advisors LLC now owns 424,777 shares of the company’s stock valued at $10,668,000 after buying an additional 78,184 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in Invesco Variable Rate Investment Grade ETF by 90.2% during the 3rd quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock valued at $4,025,000 after buying an additional 76,086 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.11 on Monday. The company’s 50-day moving average price is $25.13 and its 200-day moving average price is $25.12. Invesco Variable Rate Investment Grade ETF has a 12-month low of $25.03 and a 12-month 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 paid a $0.1141 dividend. The ex-dividend date was Tuesday, January 21st.

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.