Invesco Variable Rate Investment Grade ETF $VRIG Shares Sold by Sunflower Bank N.A.

Sunflower Bank N.A. reduced its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 86.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 74,281 shares of the company’s stock after selling 477,227 shares during the period. Sunflower Bank N.A. owned about 0.14% of Invesco Variable Rate Investment Grade ETF worth $1,864,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VRIG. Thoroughbred Financial Services LLC boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 1.1% during the third quarter. Thoroughbred Financial Services LLC now owns 47,981 shares of the company’s stock worth $1,204,000 after purchasing an additional 511 shares during the last quarter. Inspire Advisors LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 2.3% in the third quarter. Inspire Advisors LLC now owns 50,641 shares of the company’s stock valued at $1,271,000 after purchasing an additional 1,144 shares during the last quarter. Bank of America Corp DE increased its stake in Invesco Variable Rate Investment Grade ETF by 4.1% in the third quarter. Bank of America Corp DE now owns 29,712 shares of the company’s stock valued at $746,000 after purchasing an additional 1,174 shares during the last quarter. Empirical Asset Management LLC lifted its position in Invesco Variable Rate Investment Grade ETF by 18.8% during the third quarter. Empirical Asset Management LLC now owns 9,524 shares of the company’s stock worth $239,000 after buying an additional 1,507 shares during the period. Finally, Milestone Investment Advisors LLC lifted its position in Invesco Variable Rate Investment Grade ETF by 1.1% during the third quarter. Milestone Investment Advisors LLC now owns 142,479 shares of the company’s stock worth $3,576,000 after buying an additional 1,511 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of NASDAQ:VRIG opened at $25.04 on Tuesday. The stock’s 50-day moving average price is $25.12 and its two-hundred day moving average price is $25.11. Invesco Variable Rate Investment Grade ETF has a 12-month low of $24.79 and a 12-month high of $25.18.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be issued a dividend of $0.0931 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Monday, March 23rd.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.