Beaumont Financial Advisors LLC Sells 70,958 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Beaumont Financial Advisors LLC lowered its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 22.5% in the first quarter, Holdings Channel.com reports. The fund owned 244,728 shares of the company’s stock after selling 70,958 shares during the period. Beaumont Financial Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $6,127,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of VRIG. KMG Fiduciary Partners LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 32.8% during the fourth quarter. KMG Fiduciary Partners LLC now owns 231,516 shares of the company’s stock worth $5,811,000 after buying an additional 57,137 shares in the last quarter. Vectors Research Management LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 8.6% in the 4th quarter. Vectors Research Management LLC now owns 342,509 shares of the company’s stock valued at $8,597,000 after buying an additional 27,154 shares in the last quarter. Cherry Creek Investment Advisors Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 3.1% in the 4th quarter. Cherry Creek Investment Advisors Inc. now owns 696,853 shares of the company’s stock valued at $17,491,000 after buying an additional 21,021 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 19.2% during the 4th quarter. HighTower Advisors LLC now owns 398,615 shares of the company’s stock worth $10,005,000 after acquiring an additional 64,308 shares during the period. Finally, Wilian Securities LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF during the 4th quarter worth about $1,455,000.

Invesco Variable Rate Investment Grade ETF Trading Up 0.1%

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.12 on Thursday. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.00 and a twelve month high of $25.18. The firm’s 50-day simple moving average is $25.08 and its 200-day simple moving average is $25.09.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.0919 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

About Invesco Variable Rate Investment Grade ETF

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.