Sunflower Bank N.A. Buys 13,430 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Sunflower Bank N.A. lifted its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 2.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 528,671 shares of the company’s stock after purchasing an additional 13,430 shares during the period. Invesco Variable Rate Investment Grade ETF makes up about 3.7% of Sunflower Bank N.A.’s holdings, making the stock its 8th largest holding. Sunflower Bank N.A.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $13,278,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VRIG. Fiduciary Planning LLC boosted its holdings in 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 valued at $25,782,000 after purchasing an additional 28,469 shares during the period. HighTower Advisors LLC grew its position in Invesco Variable Rate Investment Grade ETF by 12.4% during the third quarter. HighTower Advisors LLC now owns 580,746 shares of the company’s stock worth $14,576,000 after buying an additional 63,859 shares in the last quarter. Cherry Creek Investment Advisors Inc. raised its holdings in 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 valued at $14,113,000 after acquiring an additional 10,442 shares in the last quarter. Envestnet Asset Management Inc. lifted its position 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 worth $12,988,000 after acquiring an additional 123,707 shares during the period. Finally, Total Clarity Wealth Management Inc. grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 102.2% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 483,064 shares of the company’s stock worth $12,144,000 after purchasing an additional 244,202 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ VRIG remained flat at $25.16 during trading hours on Monday. The company had a trading volume of 499,718 shares, compared to its average volume of 698,317. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.00 and a twelve month high of $25.24. The stock has a fifty day moving average price of $25.13 and a two-hundred day moving average price of $25.12.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.1325 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.12.

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.