Meitav Investment House Ltd. Sells 3,915 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Meitav Investment House Ltd. cut its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 7.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,396 shares of the company’s stock after selling 3,915 shares during the quarter. Meitav Investment House Ltd. owned about 0.12% of Invesco Variable Rate Investment Grade ETF worth $1,236,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in shares of Invesco Variable Rate Investment Grade ETF by 22.5% in the 2nd quarter. LPL Financial LLC now owns 2,698,211 shares of the company’s stock valued at $67,833,000 after purchasing an additional 495,070 shares during the last quarter. Fiduciary Planning LLC raised its holdings in Invesco Variable Rate Investment Grade ETF by 2.8% during the third quarter. Fiduciary Planning LLC now owns 1,027,787 shares of the company’s stock valued at $25,782,000 after buying an additional 28,469 shares in the last quarter. Cherry Creek Investment Advisors Inc. lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 1.9% in the third quarter. Cherry Creek Investment Advisors Inc. now owns 562,614 shares of the company’s stock worth $14,113,000 after buying an additional 10,442 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 31.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 516,623 shares of the company’s stock worth $12,988,000 after acquiring an additional 123,707 shares in the last quarter. Finally, Sunflower Bank N.A. increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 0.3% during the 3rd quarter. Sunflower Bank N.A. now owns 515,241 shares of the company’s stock valued at $12,925,000 after acquiring an additional 1,339 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of VRIG stock opened at $25.11 on Thursday. The stock’s 50 day simple moving average is $25.11 and its 200 day simple moving average is $25.13. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.85 and a twelve month high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a $0.12 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date was Monday, October 21st.

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.