Sequent Planning LLC Acquires 2,694 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Sequent Planning LLC boosted its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 12.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 25,068 shares of the company’s stock after purchasing an additional 2,694 shares during the period. Sequent Planning LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $630,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $100,000. Truist Financial Corp bought a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $208,000. SageOak Financial LLC bought a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $222,000. Kingswood Wealth Advisors LLC bought a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $241,000. Finally, Nations Financial Group Inc. IA ADV bought a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $292,000.

Invesco Variable Rate Investment Grade ETF Stock Up 0.1 %

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.16 on Monday. Invesco Variable Rate Investment Grade ETF has a 1-year low of $25.05 and a 1-year high of $27.55. The firm’s 50-day moving average price is $25.13 and its two-hundred day moving average price is $25.13.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a dividend of $0.1041 per share. The ex-dividend date of this dividend was Monday, February 24th.

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.