Private Trust Co. NA Cuts Stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Private Trust Co. NA lowered its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 5.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,100 shares of the company’s stock after selling 500 shares during the period. Private Trust Co. NA’s holdings in Invesco Variable Rate Investment Grade ETF were worth $203,000 at the end of the most recent reporting period.

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

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of VRIG stock opened at $25.09 on Friday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.87 and a fifty-two week high of $25.24. The firm’s 50 day moving average price is $25.11 and its two-hundred day moving average price is $25.13.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were issued a dividend of $0.1204 per share. The ex-dividend date of this dividend was Monday, November 18th.

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.