Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Holdings Trimmed by Sigma Planning Corp

Sigma Planning Corp lowered its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 52.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 23,863 shares of the company’s stock after selling 26,626 shares during the period. Sigma Planning Corp’s holdings in Invesco Variable Rate Investment Grade ETF were worth $599,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Trademark Financial Management LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 3.8% during the third quarter. Trademark Financial Management LLC now owns 21,745 shares of the company’s stock valued at $545,000 after buying an additional 786 shares in the last quarter. Farther Finance Advisors LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the third quarter valued at about $375,000. Goldstone Financial Group LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the third quarter valued at about $10,015,000. Lunt Capital Management Inc. boosted its stake in Invesco Variable Rate Investment Grade ETF by 2.9% during the third quarter. Lunt Capital Management Inc. now owns 437,396 shares of the company’s stock valued at $10,972,000 after buying an additional 12,386 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 6.1% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 40,731 shares of the company’s stock valued at $1,022,000 after purchasing an additional 2,336 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Performance

NASDAQ:VRIG opened at $25.17 on Friday. Invesco Variable Rate Investment Grade ETF has a 1-year low of $24.85 and a 1-year high of $25.24. The stock has a fifty day simple moving average of $25.12 and a 200 day simple moving average of $25.13.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.44 dividend on an annualized basis and a yield of 5.72%.

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.