Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Purchased by Trademark Financial Management LLC

Trademark Financial Management LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 3.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 21,745 shares of the company’s stock after acquiring an additional 786 shares during the period. Trademark Financial Management LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $545,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth $375,000. Goldstone Financial Group LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at $10,015,000. Lunt Capital Management Inc. grew its position in shares of Invesco Variable Rate Investment Grade ETF by 2.9% in the 3rd quarter. Lunt Capital Management Inc. now owns 437,396 shares of the company’s stock valued at $10,972,000 after buying an additional 12,386 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in shares of Invesco Variable Rate Investment Grade ETF by 6.1% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 40,731 shares of the company’s stock valued at $1,022,000 after buying an additional 2,336 shares during the last quarter. Finally, Silver Oak Securities Incorporated lifted its position in Invesco Variable Rate Investment Grade ETF by 4.1% in the third quarter. Silver Oak Securities Incorporated now owns 141,365 shares of the company’s stock valued at $3,547,000 after acquiring an additional 5,571 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

NASDAQ VRIG opened at $25.12 on Thursday. The company has a fifty day moving average of $25.12 and a two-hundred day moving average of $25.13. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.85 and a 1 year high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were paid a dividend of $0.12 per share. The ex-dividend date was Monday, October 21st. This represents a $1.44 dividend on an annualized basis and a yield of 5.73%.

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.