Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Stock Holdings Decreased by Milestone Investment Advisors LLC

Milestone Investment Advisors LLC lessened its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 4.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 118,719 shares of the company’s stock after selling 5,269 shares during the quarter. Milestone Investment Advisors LLC owned approximately 0.24% of Invesco Variable Rate Investment Grade ETF worth $2,982,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. LPL Financial LLC lifted its position in Invesco Variable Rate Investment Grade ETF by 28.7% in the 4th quarter. LPL Financial LLC now owns 3,288,316 shares of the company’s stock worth $82,586,000 after buying an additional 732,516 shares in the last quarter. Lunt Capital Management Inc. boosted its position in Invesco Variable Rate Investment Grade ETF by 93.9% during the fourth quarter. Lunt Capital Management Inc. now owns 847,989 shares of the company’s stock valued at $21,297,000 after purchasing an additional 410,593 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Invesco Variable Rate Investment Grade ETF in the fourth quarter valued at about $5,525,000. Cerro Pacific Wealth Advisors LLC increased its position in Invesco Variable Rate Investment Grade ETF by 75.0% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 235,516 shares of the company’s stock worth $5,908,000 after purchasing an additional 100,937 shares during the last quarter. Finally, Beaumont Financial Advisors LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 22.6% during the 4th quarter. Beaumont Financial Advisors LLC now owns 424,777 shares of the company’s stock worth $10,668,000 after purchasing an additional 78,184 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of VRIG opened at $25.08 on Thursday. The company’s fifty day moving average is $25.12 and its 200-day moving average is $25.12. Invesco Variable Rate Investment Grade ETF has a 12 month low of $25.05 and a 12 month high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0986 dividend. The ex-dividend date was Monday, March 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.