Total Clarity Wealth Management Inc. Decreases Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Total Clarity Wealth Management Inc. trimmed its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 11.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 183,028 shares of the company’s stock after selling 22,902 shares during the period. Invesco Variable Rate Investment Grade ETF accounts for 1.1% of Total Clarity Wealth Management Inc.’s holdings, making the stock its 22nd biggest position. Total Clarity Wealth Management Inc. owned about 0.34% of Invesco Variable Rate Investment Grade ETF worth $4,594,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CoreCap Advisors LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 64.9% during the fourth quarter. CoreCap Advisors LLC now owns 1,824 shares of the company’s stock valued at $46,000 after purchasing an additional 718 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 161.7% during the third quarter. Aptus Capital Advisors LLC now owns 6,101 shares of the company’s stock valued at $153,000 after purchasing an additional 3,770 shares in the last quarter. Kraematon Investment Advisors Inc. purchased a new position in Invesco Variable Rate Investment Grade ETF during the third quarter valued at $209,000. PAX Financial Group LLC purchased a new position in Invesco Variable Rate Investment Grade ETF during the third quarter valued at $212,000. Finally, Empirical Asset Management LLC boosted 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 acquiring an additional 1,507 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.06 on Friday. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.98 and a twelve month high of $25.18. The firm’s 50-day moving average price is $25.07 and its 200 day moving average price is $25.10.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were paid a dividend of $0.0868 per share. The ex-dividend date of this dividend was Monday, April 20th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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