Fiduciary Planning LLC Has $24.30 Million Stake in Invesco Variable Rate Investment Grade ETF $VRIG

Fiduciary Planning LLC cut its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 10.3% in the second quarter, HoldingsChannel.com reports. The firm owned 969,901 shares of the company’s stock after selling 111,022 shares during the period. Invesco Variable Rate Investment Grade ETF accounts for approximately 8.0% of Fiduciary Planning LLC’s investment portfolio, making the stock its 4th biggest holding. Fiduciary Planning LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $24,296,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the company. Stratos Wealth Partners LTD. raised its holdings in Invesco Variable Rate Investment Grade ETF by 2.3% in the second quarter. Stratos Wealth Partners LTD. now owns 39,747 shares of the company’s stock worth $996,000 after purchasing an additional 879 shares in the last quarter. Vectors Research Management LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 25.7% during the second quarter. Vectors Research Management LLC now owns 317,682 shares of the company’s stock valued at $7,958,000 after acquiring an additional 65,023 shares in the last quarter. Empirical Asset Management LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the second quarter valued at about $201,000. Courier Capital LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 20.6% during the second quarter. Courier Capital LLC now owns 277,388 shares of the company’s stock valued at $6,949,000 after acquiring an additional 47,351 shares in the last quarter. Finally, Acorn Financial Advisory Services Inc. ADV increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 8.4% during the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 14,217 shares of the company’s stock valued at $356,000 after acquiring an additional 1,099 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.16 on Monday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.79 and a 52-week high of $25.21. The firm’s 50-day moving average price is $25.11 and its 200-day moving average price is $25.07.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.1036 per share. The ex-dividend date was Monday, September 22nd. This represents a c) annualized dividend and a dividend yield of 4.9%.

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.