Goldstone Financial Group LLC Trims Stake in Invesco Variable Rate Investment Grade ETF $VRIG

Goldstone Financial Group LLC lessened its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 73.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 122,076 shares of the company’s stock after selling 341,017 shares during the quarter. Goldstone Financial Group LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $3,064,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of VRIG. Osaic Holdings Inc. raised its holdings in shares of Invesco Variable Rate Investment Grade ETF by 59.8% in the second quarter. Osaic Holdings Inc. now owns 1,625,306 shares of the company’s stock worth $40,733,000 after acquiring an additional 608,429 shares during the last quarter. Calton & Associates Inc. increased its position in Invesco Variable Rate Investment Grade ETF by 1,758.4% during the 1st quarter. Calton & Associates Inc. now owns 371,590 shares of the company’s stock worth $9,319,000 after purchasing an additional 351,595 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 856.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 208,376 shares of the company’s stock valued at $5,220,000 after purchasing an additional 186,587 shares during the last quarter. Blue Capital Inc. purchased a new position in Invesco Variable Rate Investment Grade ETF in the 2nd quarter valued at about $2,938,000. Finally, Centurion Wealth Management LLC purchased a new position in Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at about $2,165,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ VRIG opened at $25.08 on Monday. Invesco Variable Rate Investment Grade ETF has a 12 month low of $24.79 and a 12 month high of $25.19. The company has a 50-day simple moving average of $25.10 and a 200-day simple moving average of $25.10.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.0961 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, December 22nd.

Invesco Variable Rate Investment Grade ETF Company 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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.