Invesco Variable Rate Investment Grade ETF $VRIG Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC lessened its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 11.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 210,244 shares of the company’s stock after selling 26,556 shares during the period. KMG Fiduciary Partners LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $5,271,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of VRIG. PNC Financial Services Group Inc. acquired a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth approximately $35,000. Sound Income Strategies LLC grew its stake in Invesco Variable Rate Investment Grade ETF by 141,100.0% in the 1st quarter. Sound Income Strategies LLC now owns 1,412 shares of the company’s stock worth $35,000 after acquiring an additional 1,411 shares during the period. Evolution Wealth Management Inc. acquired a new position in Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at $49,000. Harbor Asset Planning Inc. acquired a new position in Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at $80,000. Finally, Matrix Private Capital Group LLC purchased a new position in shares of Invesco Variable Rate Investment Grade ETF during the 1st quarter worth $145,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.09 on Tuesday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $25.00 and a fifty-two week high of $25.18. The business’s fifty day moving average is $25.08 and its two-hundred day moving average is $25.09.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a dividend of $0.0922 per share. The ex-dividend date was Monday, July 20th.

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.