Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Sold by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. decreased its stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 23.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 389,136 shares of the company’s stock after selling 120,665 shares during the period. Invesco Variable Rate Investment Grade ETF makes up 3.2% of Total Clarity Wealth Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Total Clarity Wealth Management Inc.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $9,773,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VRIG. NBC Securities Inc. increased its holdings in Invesco Variable Rate Investment Grade ETF by 34.7% during the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock valued at $129,000 after acquiring an additional 1,335 shares in the last quarter. Concorde Asset Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth about $202,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $241,000. Farther Finance Advisors LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth about $375,000. Finally, Inspire Advisors LLC grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 44.3% during the third quarter. Inspire Advisors LLC now owns 16,494 shares of the company’s stock worth $414,000 after buying an additional 5,063 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Trading Up 0.0 %

Shares of NASDAQ VRIG opened at $25.11 on Friday. Invesco Variable Rate Investment Grade ETF has a 12 month low of $25.03 and a 12 month high of $25.24. The company has a 50-day simple moving average of $25.13 and a 200-day simple moving average of $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a $0.1141 dividend. The ex-dividend date was Tuesday, January 21st.

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.