HHM Wealth Advisors LLC Sells 6,715 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

HHM Wealth Advisors LLC lowered its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 27.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,005 shares of the company’s stock after selling 6,715 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $452,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRIG. NBC Securities Inc. lifted its holdings in Invesco Variable Rate Investment Grade ETF by 34.7% during the third quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock worth $129,000 after acquiring an additional 1,335 shares during the period. Concorde Asset Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 3rd quarter valued at $202,000. Kingswood Wealth Advisors LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 4th quarter worth $241,000. Farther Finance Advisors LLC purchased a new position in shares of Invesco Variable Rate Investment Grade ETF in the 3rd quarter worth about $375,000. Finally, Inspire Advisors LLC grew its position in Invesco Variable Rate Investment Grade ETF by 44.3% during the third 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 period.

Invesco Variable Rate Investment Grade ETF Stock Performance

NASDAQ VRIG opened at $25.11 on Monday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $25.03 and a 52-week high of $25.24. The company has a 50-day simple moving average of $25.13 and a 200 day simple moving average of $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.1141 per share. The ex-dividend date 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.