Sunflower Bank N.A. Has $12.93 Million Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Sunflower Bank N.A. boosted its stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 0.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 515,241 shares of the company’s stock after purchasing an additional 1,339 shares during the quarter. Invesco Variable Rate Investment Grade ETF makes up 3.5% of Sunflower Bank N.A.’s investment portfolio, making the stock its 8th largest position. Sunflower Bank N.A. owned about 1.22% of Invesco Variable Rate Investment Grade ETF worth $12,925,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Vima LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 4th quarter valued at about $30,000. Advisors Asset Management Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 168.3% during the 1st quarter. Advisors Asset Management Inc. now owns 6,461 shares of the company’s stock valued at $162,000 after acquiring an additional 4,053 shares during the last quarter. Calton & Associates Inc. bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 1st quarter valued at about $202,000. Prevail Innovative Wealth Advisors LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 1st quarter valued at about $215,000. Finally, Inspire Advisors LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 2nd quarter valued at about $287,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of VRIG traded up $0.01 during trading hours on Friday, reaching $25.14. 272,692 shares of the company’s stock traded hands, compared to its average volume of 300,340. The firm’s 50 day simple moving average is $25.12 and its 200-day simple moving average is $25.13. Invesco Variable Rate Investment Grade ETF has a 12 month low of $24.85 and a 12 month high of $25.24.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.127 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 6.06%. This is a boost from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Monday, September 23rd.

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.