Mainstay Capital Management LLC ADV Sells 64,368 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Mainstay Capital Management LLC ADV reduced its stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 59.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,761 shares of the company’s stock after selling 64,368 shares during the period. Mainstay Capital Management LLC ADV’s holdings in Invesco Variable Rate Investment Grade ETF were worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Raymond James & Associates grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 90.2% in the 3rd quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock valued at $4,025,000 after purchasing an additional 76,086 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 12.4% in the 3rd quarter. HighTower Advisors LLC now owns 580,746 shares of the company’s stock worth $14,576,000 after acquiring an additional 63,859 shares in the last quarter. Resurgent Financial Advisors LLC boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 2.6% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock worth $532,000 after acquiring an additional 534 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in shares of Invesco Variable Rate Investment Grade ETF in the 3rd quarter worth approximately $1,639,000. Finally, IHT Wealth Management LLC boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 63.7% in the 3rd quarter. IHT Wealth Management LLC now owns 76,117 shares of the company’s stock worth $1,910,000 after acquiring an additional 29,610 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of VRIG opened at $25.18 on Monday. Invesco Variable Rate Investment Grade ETF has a one year low of $25.03 and a one year high of $25.24. The business’s 50 day simple moving average is $25.13 and its 200-day simple moving average is $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were issued a $0.1141 dividend. 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.