Bay Colony Advisory Group Inc d b a Bay Colony Advisors Sells 2,805 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lowered its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,257 shares of the company’s stock after selling 2,805 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Invesco Variable Rate Investment Grade ETF were worth $584,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at approximately $100,000. Concorde Asset Management LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the third quarter worth $202,000. Truist Financial Corp bought a new position in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth $208,000. Kingswood Wealth Advisors LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth $241,000. Finally, Nations Financial Group Inc. IA ADV bought a new position in Invesco Variable Rate Investment Grade ETF during the fourth quarter worth $292,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of NASDAQ VRIG opened at $25.14 on Friday. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.03 and a twelve month high of $25.24. The firm has a fifty 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 declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a $0.1041 dividend. The ex-dividend date of this dividend was Monday, February 24th.

About Invesco Variable Rate Investment Grade ETF

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.