Milestone Investment Advisors LLC Sells 5,269 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Milestone Investment Advisors LLC lowered its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 118,719 shares of the company’s stock after selling 5,269 shares during the quarter. Milestone Investment Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $2,982,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in Invesco Variable Rate Investment Grade ETF by 485.9% in the 4th quarter. JPMorgan Chase & Co. now owns 3,451 shares of the company’s stock valued at $87,000 after buying an additional 2,862 shares during the period. Golden State Wealth Management LLC bought a new stake in Invesco Variable Rate Investment Grade ETF in the fourth quarter valued at about $100,000. Truist Financial Corp bought a new position in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $208,000. SageOak Financial LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter valued at approximately $222,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at approximately $241,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ:VRIG opened at $25.08 on Thursday. The company’s fifty day moving average is $25.12 and its 200-day moving average is $25.12. Invesco Variable Rate Investment Grade ETF has a 52 week low of $25.05 and a 52 week high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0986 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.