Total Clarity Wealth Management Inc. Sells 93,242 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Total Clarity Wealth Management Inc. decreased its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 24.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 295,820 shares of the company’s stock after selling 93,242 shares during the period. Invesco Variable Rate Investment Grade ETF makes up 2.1% of Total Clarity Wealth Management Inc.’s portfolio, making the stock its 4th biggest position. Total Clarity Wealth Management Inc. owned about 0.61% of Invesco Variable Rate Investment Grade ETF worth $7,410,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Concurrent Investment Advisors LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 856.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 208,376 shares of the company’s stock valued at $5,220,000 after buying an additional 186,587 shares during the period. Cerro Pacific Wealth Advisors LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 27.9% during the 2nd quarter. Cerro Pacific Wealth Advisors LLC now owns 333,583 shares of the company’s stock valued at $8,356,000 after buying an additional 72,829 shares during the period. Mainstay Capital Management LLC ADV increased its stake in Invesco Variable Rate Investment Grade ETF by 152.6% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 63,270 shares of the company’s stock valued at $1,585,000 after buying an additional 38,219 shares during the period. Wealthcare Advisory Partners LLC acquired a new position in Invesco Variable Rate Investment Grade ETF during the 2nd quarter valued at about $469,000. Finally, Parsons Capital Management Inc. RI increased its stake in Invesco Variable Rate Investment Grade ETF by 4.6% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 294,116 shares of the company’s stock valued at $7,368,000 after buying an additional 12,867 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of NASDAQ VRIG opened at $25.12 on Monday. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.79 and a twelve month high of $25.21. The firm has a 50-day moving average of $25.11 and a two-hundred day moving average of $25.07.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a $0.1036 dividend. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Monday, September 22nd.

Invesco Variable Rate Investment Grade ETF 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.