Courier Capital LLC Sells 49,261 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Courier Capital LLC decreased its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 6.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 681,562 shares of the company’s stock after selling 49,261 shares during the quarter. Invesco Variable Rate Investment Grade ETF comprises approximately 1.3% of Courier Capital LLC’s portfolio, making the stock its 16th largest holding. Courier Capital LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $17,032,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. IFG Advisory LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 4th quarter worth $1,213,000. Fiduciary Alliance LLC boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 58.2% in the 4th quarter. Fiduciary Alliance LLC now owns 71,887 shares of the company’s stock worth $1,796,000 after buying an additional 26,452 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 10.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 101,383 shares of the company’s stock worth $2,534,000 after buying an additional 9,358 shares during the last quarter. Accurate Wealth Management LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 18.1% during the fourth quarter. Accurate Wealth Management LLC now owns 10,268 shares of the company’s stock valued at $258,000 after purchasing an additional 1,574 shares during the last quarter. Finally, WNY Asset Management LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF during the third quarter valued at about $572,000.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ VRIG opened at $25.08 on Thursday. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.68 and a 52 week high of $25.19. The firm’s 50-day simple moving average is $25.09 and its two-hundred day simple moving average is $25.01.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.1304 per share. This represents a $1.57 annualized dividend and a yield of 6.24%. The ex-dividend date of this dividend was Monday, March 18th.

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.