Silver Oak Securities Incorporated Acquires 66,046 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Silver Oak Securities Incorporated increased its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 685.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,683 shares of the company’s stock after buying an additional 66,046 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco Variable Rate Investment Grade ETF were worth $1,899,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Osaic Holdings Inc. boosted its holdings in 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 valued at $40,733,000 after acquiring an additional 608,429 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in Invesco Variable Rate Investment Grade ETF by 2,463.6% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 480,464 shares of the company’s stock worth $12,060,000 after purchasing an additional 461,722 shares during the last quarter. Harfst & Associates Inc. bought a new position in Invesco Variable Rate Investment Grade ETF during the 3rd quarter worth approximately $3,596,000. Thayer Financial L.L.C. acquired a new position in shares of Invesco Variable Rate Investment Grade ETF in the 4th quarter worth approximately $3,459,000. Finally, Regal Investment Advisors LLC lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 116.4% in the 3rd quarter. Regal Investment Advisors LLC now owns 244,429 shares of the company’s stock worth $6,135,000 after purchasing an additional 131,494 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Up 0.0%

NASDAQ:VRIG opened at $25.03 on Wednesday. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.79 and a 52 week high of $25.18. The firm’s fifty day moving average is $25.11 and its 200-day moving average is $25.11.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.0931 dividend. The ex-dividend date was Monday, March 23rd. This represents a c) annualized dividend and a yield of 4.5%.

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.