Courier Capital LLC Has $17.01 Million Stock Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Courier Capital LLC lessened its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 0.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 677,768 shares of the company’s stock after selling 3,794 shares during the quarter. Invesco Variable Rate Investment Grade ETF accounts for approximately 1.2% of Courier Capital LLC’s investment portfolio, making the stock its 17th largest holding. Courier Capital LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $17,005,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of VRIG. Arkadios Wealth Advisors raised its holdings in shares of Invesco Variable Rate Investment Grade ETF by 2.1% in the 4th quarter. Arkadios Wealth Advisors now owns 22,484 shares of the company’s stock worth $562,000 after buying an additional 462 shares in the last quarter. TAP Consulting LLC grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 1.2% in the 4th quarter. TAP Consulting LLC now owns 42,952 shares of the company’s stock worth $1,073,000 after purchasing an additional 521 shares during the last quarter. Capital Analysts LLC increased its position in shares of Invesco Variable Rate Investment Grade ETF by 1.0% during the 4th quarter. Capital Analysts LLC now owns 100,057 shares of the company’s stock worth $2,500,000 after purchasing an additional 1,028 shares in the last quarter. Vima LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the 4th quarter valued at about $30,000. Finally, Accurate Wealth Management LLC boosted its position in Invesco Variable Rate Investment Grade ETF by 18.1% in the fourth quarter. Accurate Wealth Management LLC now owns 10,268 shares of the company’s stock valued at $258,000 after buying an additional 1,574 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ VRIG traded up $0.03 during mid-day trading on Friday, hitting $25.14. 194,109 shares of the stock were exchanged, compared to its average volume of 321,415. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.85 and a twelve month high of $25.24. The stock’s fifty day simple moving average is $25.15 and its two-hundred day simple moving average is $25.10.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 24th will be issued a dividend of $0.1241 per share. The ex-dividend date is Monday, June 24th. This represents a $1.49 dividend on an annualized basis and a yield of 5.92%.

Invesco Variable Rate Investment Grade ETF Company 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.