Sunflower Bank N.A. Cuts Stock Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Sunflower Bank N.A. cut its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 86.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 74,281 shares of the company’s stock after selling 477,227 shares during the period. Sunflower Bank N.A.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $1,864,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Osaic Holdings Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 59.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,625,306 shares of the company’s stock valued at $40,733,000 after acquiring an additional 608,429 shares during the period. Equitable Holdings Inc. boosted its position in Invesco Variable Rate Investment Grade ETF by 1.0% during the 2nd quarter. Equitable Holdings Inc. now owns 685,767 shares of the company’s stock worth $17,178,000 after purchasing an additional 6,545 shares during the period. Cherry Creek Investment Advisors Inc. boosted its position in Invesco Variable Rate Investment Grade ETF by 3.3% during the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 675,832 shares of the company’s stock worth $16,963,000 after purchasing an additional 21,649 shares during the period. Raymond James Financial Inc. increased its holdings in Invesco Variable Rate Investment Grade ETF by 31.4% in the 3rd quarter. Raymond James Financial Inc. now owns 506,641 shares of the company’s stock valued at $12,717,000 after purchasing an additional 120,933 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its holdings in Invesco Variable Rate Investment Grade ETF by 2,463.6% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 480,464 shares of the company’s stock valued at $12,060,000 after purchasing an additional 461,722 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ:VRIG opened at $25.04 on Tuesday. The business’s 50-day moving average is $25.12 and its two-hundred day moving average is $25.11. Invesco Variable Rate Investment Grade ETF has a 12 month low of $24.79 and a 12 month high of $25.18.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 23rd will be issued a $0.0931 dividend. The ex-dividend date is Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.