Invesco Variable Rate Investment Grade ETF $VRIG Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. decreased its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 84.3% in the second quarter, Holdings Channel reports. The fund owned 39,680 shares of the company’s stock after selling 212,525 shares during the period. Atria Wealth Solutions Inc.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $994,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. WASHINGTON TRUST Co acquired a new stake in Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at about $50,000. Allworth Financial LP acquired a new stake in Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at about $50,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 258.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,477 shares of the company’s stock worth $112,000 after buying an additional 3,227 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 94.9% during the 1st quarter. Golden State Wealth Management LLC now owns 7,766 shares of the company’s stock worth $195,000 after buying an additional 3,782 shares during the last quarter. Finally, IronOak Wealth LLC. acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 2nd quarter worth approximately $202,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ VRIG opened at $25.16 on Friday. The company has a 50 day simple moving average of $25.11 and a 200-day simple moving average of $25.07. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.79 and a 1 year high of $25.21.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.1036 per share. The ex-dividend date was Monday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

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.