Beaumont Financial Advisors LLC Sells 27,425 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Beaumont Financial Advisors LLC decreased its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 7.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 338,855 shares of the company’s stock after selling 27,425 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $8,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Arkadios Wealth Advisors increased its stake in 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 purchasing an additional 462 shares during the period. Belpointe Asset Management LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 42.6% in the 1st quarter. Belpointe Asset Management LLC now owns 1,561 shares of the company’s stock worth $39,000 after purchasing an additional 466 shares during the period. Fortis Capital Advisors LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 42.6% in the 1st quarter. Fortis Capital Advisors LLC now owns 1,561 shares of the company’s stock worth $39,000 after purchasing an additional 466 shares during the period. IHT Wealth Management LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 3.1% in the 2nd quarter. IHT Wealth Management LLC now owns 18,529 shares of the company’s stock worth $461,000 after purchasing an additional 554 shares during the period. Finally, Laidlaw Wealth Management LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 1.7% in the 4th quarter. Laidlaw Wealth Management LLC now owns 44,926 shares of the company’s stock worth $1,110,000 after purchasing an additional 755 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of VRIG remained flat at $25.18 during mid-day trading on Friday. The stock had a trading volume of 115,838 shares, compared to its average volume of 312,801. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.76 and a 52-week high of $25.20. The business has a 50-day simple moving average of $25.11 and a 200-day simple moving average of $25.03.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.1304 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.57 annualized dividend and a dividend yield of 6.22%.

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.