Holderness Investments Co. Acquires 936 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Holderness Investments Co. increased its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 1.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 55,836 shares of the company’s stock after buying an additional 936 shares during the quarter. Holderness Investments Co. owned 0.13% of Invesco Variable Rate Investment Grade ETF worth $1,404,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Arkadios Wealth Advisors lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 4.8% in the second quarter. Arkadios Wealth Advisors now owns 24,977 shares of the company’s stock worth $628,000 after acquiring an additional 1,155 shares during the last quarter. Vima LLC acquired a new position in Invesco Variable Rate Investment Grade ETF during the 4th quarter worth approximately $30,000. Oppenheimer & Co. Inc. lifted its stake in Invesco Variable Rate Investment Grade ETF by 11.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 19,000 shares of the company’s stock valued at $477,000 after purchasing an additional 2,000 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in Invesco Variable Rate Investment Grade ETF by 47.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,650 shares of the company’s stock valued at $216,000 after buying an additional 2,800 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 1.2% during the second quarter. Atria Wealth Solutions Inc. now owns 279,731 shares of the company’s stock worth $7,032,000 after buying an additional 3,197 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Trading Up 0.1 %

Shares of NASDAQ:VRIG opened at $25.18 on Friday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.85 and a 52-week high of $25.24. The company has a fifty day moving average of $25.13 and a 200-day moving average of $25.13.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 19th were given a $0.126 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $1.51 annualized dividend and a yield of 6.00%.

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.