Raymond James & Associates Sells 1,263 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Raymond James & Associates decreased its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,702 shares of the company’s stock after selling 1,263 shares during the quarter. Raymond James & Associates owned approximately 0.06% of Invesco Variable Rate Investment Grade ETF worth $492,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VRIG. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 68.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 208,525 shares of the company’s stock worth $5,202,000 after buying an additional 84,767 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 29.7% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 17,111 shares of the company’s stock worth $427,000 after acquiring an additional 3,915 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 3rd quarter valued at $3,454,000. Total Clarity Wealth Management Inc. purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 3rd quarter worth $3,676,000. Finally, KMG Fiduciary Partners LLC raised its holdings in Invesco Variable Rate Investment Grade ETF by 1.2% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 102,262 shares of the company’s stock worth $2,551,000 after purchasing an additional 1,241 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ:VRIG opened at $25.09 on Friday. The stock has a 50-day simple moving average of $25.11 and a two-hundred day simple moving average of $25.04. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.78 and a 52-week high of $25.20.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were given a $0.1341 dividend. The ex-dividend date was Monday, April 22nd. This represents a $1.61 dividend on an annualized basis and a dividend yield of 6.41%.

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.