48,537 Shares in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Acquired by IFG Advisory LLC

IFG Advisory LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 48,537 shares of the company’s stock, valued at approximately $1,213,000. IFG Advisory LLC owned 0.15% of Invesco Variable Rate Investment Grade ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of VRIG. WealthPlan Investment Management LLC bought a new stake in Invesco Variable Rate Investment Grade ETF during the third quarter valued at about $286,000. WNY Asset Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the third quarter valued at $572,000. Geneos Wealth Management Inc. increased its position in shares of Invesco Variable Rate Investment Grade ETF by 67.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 6,298 shares of the company’s stock valued at $157,000 after acquiring an additional 2,527 shares during the period. Atria Wealth Solutions Inc. raised its stake in Invesco Variable Rate Investment Grade ETF by 98.8% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 307,094 shares of the company’s stock worth $7,660,000 after acquiring an additional 152,598 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in Invesco Variable Rate Investment Grade ETF by 68.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 208,525 shares of the company’s stock worth $5,202,000 after acquiring an additional 84,767 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

VRIG stock opened at $25.08 on Thursday. Invesco Variable Rate Investment Grade ETF has a 12 month low of $24.68 and a 12 month high of $25.19. The firm’s fifty day simple moving average is $25.09 and its 200-day simple moving average is $25.01.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.1304 dividend. This represents a $1.57 annualized dividend and a dividend yield of 6.24%. The ex-dividend date of this dividend was Monday, March 18th.

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.