SageOak Financial LLC Purchases Shares of 8,859 Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

SageOak Financial LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 8,859 shares of the company’s stock, valued at approximately $222,000.

Other large investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 15.4% during the third quarter. Oppenheimer & Co. Inc. now owns 30,000 shares of the company’s stock worth $753,000 after buying an additional 4,000 shares during the period. Advisors Asset Management Inc. grew its position in Invesco Variable Rate Investment Grade ETF by 57.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 19,099 shares of the company’s stock valued at $479,000 after acquiring an additional 6,948 shares in the last quarter. Concorde Asset Management LLC acquired a new position in Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at about $202,000. Benjamin Edwards Inc. acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth about $1,639,000. Finally, HighTower Advisors LLC lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 12.4% during the third quarter. HighTower Advisors LLC now owns 580,746 shares of the company’s stock worth $14,576,000 after purchasing an additional 63,859 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of VRIG stock opened at $25.14 on Wednesday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $25.04 and a fifty-two week high of $25.24. The company has a 50 day moving average price of $25.13 and a 200 day moving average price of $25.13.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a $0.1041 dividend. 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.