Harfst & Associates Inc. Purchases New Stake in Invesco Variable Rate Investment Grade ETF $VRIG

Harfst & Associates Inc. purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 143,251 shares of the company’s stock, valued at approximately $3,596,000. Invesco Variable Rate Investment Grade ETF makes up approximately 0.7% of Harfst & Associates Inc.’s holdings, making the stock its 18th largest holding. Harfst & Associates Inc. owned about 0.28% of Invesco Variable Rate Investment Grade ETF at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in VRIG. Private Trust Co. NA raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 155.5% in the 3rd quarter. Private Trust Co. NA now owns 6,285 shares of the company’s stock valued at $158,000 after acquiring an additional 3,825 shares during the period. Traub Capital Management LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF in the 2nd quarter valued at $197,000. Empirical Asset Management LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF in the 2nd quarter valued at $201,000. IronOak Wealth LLC. purchased a new position in Invesco Variable Rate Investment Grade ETF in the second quarter valued at about $202,000. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the second quarter worth about $217,000.

Invesco Variable Rate Investment Grade ETF Stock Up 0.0%

Shares of NASDAQ VRIG opened at $25.13 on Thursday. Invesco Variable Rate Investment Grade ETF has a 1-year low of $24.79 and a 1-year high of $25.19. The business has a 50-day moving average of $25.11 and a 200-day moving average of $25.10.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $0.0961 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Monday, December 22nd.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.