Texas Yale Capital Corp. Decreases Stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Texas Yale Capital Corp. lowered its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 28.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 12,513 shares of the company’s stock after selling 5,000 shares during the quarter. Texas Yale Capital Corp.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $314,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in VRIG. UMB Bank n.a. bought a new position in Invesco Variable Rate Investment Grade ETF in the 1st quarter worth about $26,000. WASHINGTON TRUST Co bought a new position in Invesco Variable Rate Investment Grade ETF in the 1st quarter worth about $50,000. Allworth Financial LP bought a new position in Invesco Variable Rate Investment Grade ETF in the 1st quarter worth about $50,000. JPMorgan Chase & Co. boosted its stake in Invesco Variable Rate Investment Grade ETF by 485.9% in the 4th quarter. JPMorgan Chase & Co. now owns 3,451 shares of the company’s stock worth $87,000 after purchasing an additional 2,862 shares during the period. Finally, Mpwm Advisory Solutions LLC bought a new position in Invesco Variable Rate Investment Grade ETF in the 4th quarter worth about $87,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ VRIG opened at $25.08 on Tuesday. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.79 and a 52 week high of $25.21. The business has a 50-day simple moving average of $25.08 and a two-hundred day simple moving average of $25.08.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 25th. Shareholders of record on Monday, July 21st were paid a $0.1061 dividend. The ex-dividend date of this dividend was Monday, July 21st. This represents a $1.27 annualized dividend and a yield of 5.08%.

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.