HHM Wealth Advisors LLC Sells 4,850 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

HHM Wealth Advisors LLC trimmed its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 15.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 26,080 shares of the company’s stock after selling 4,850 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $652,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mainstay Capital Management LLC ADV increased its holdings in Invesco Variable Rate Investment Grade ETF by 2,133.7% during the 3rd quarter. Mainstay Capital Management LLC ADV now owns 2,607,914 shares of the company’s stock valued at $65,053,000 after purchasing an additional 2,491,159 shares during the period. Fiduciary Planning LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 245.3% in the 4th quarter. Fiduciary Planning LLC now owns 928,359 shares of the company’s stock worth $23,200,000 after buying an additional 659,505 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Invesco Variable Rate Investment Grade ETF by 588.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 352,782 shares of the company’s stock worth $8,800,000 after buying an additional 301,544 shares during the last quarter. Aptus Capital Advisors LLC purchased a new position in shares of Invesco Variable Rate Investment Grade ETF during the third quarter valued at approximately $6,582,000. Finally, LPL Financial LLC increased its stake in shares of Invesco Variable Rate Investment Grade ETF by 21.4% during the third quarter. LPL Financial LLC now owns 1,410,502 shares of the company’s stock valued at $35,184,000 after buying an additional 248,526 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG stock traded up $0.01 on Friday, reaching $25.09. The company’s stock had a trading volume of 263,900 shares, compared to its average volume of 307,617. The business has a fifty day simple moving average of $25.11 and a two-hundred day simple moving average of $25.04. Invesco Variable Rate Investment Grade ETF has a 12-month low of $24.78 and a 12-month high of $25.20.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were given a $0.1341 dividend. The ex-dividend date was Monday, April 22nd. This represents a $1.61 annualized dividend and a dividend yield of 6.41%.

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.