Silver Oak Securities Incorporated Raises Position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Silver Oak Securities Incorporated lifted its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 8.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 152,643 shares of the company’s stock after buying an additional 11,278 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco Variable Rate Investment Grade ETF were worth $3,833,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. NBC Securities Inc. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 34.7% in the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock worth $129,000 after buying an additional 1,335 shares during the last quarter. Concorde Asset Management LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the third quarter valued at $202,000. Kingswood Wealth Advisors LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the fourth quarter worth $241,000. Farther Finance Advisors LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the third quarter valued at $375,000. Finally, Inspire Advisors LLC lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 44.3% during the 3rd quarter. Inspire Advisors LLC now owns 16,494 shares of the company’s stock valued at $414,000 after buying an additional 5,063 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ:VRIG opened at $25.13 on Thursday. The company has a 50-day moving average price of $25.13 and a two-hundred day moving average price of $25.12. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.03 and a twelve month high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a dividend of $0.1141 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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.