Fiduciary Planning LLC Acquires 21,617 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Fiduciary Planning LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,049,404 shares of the company’s stock after buying an additional 21,617 shares during the quarter. Invesco Variable Rate Investment Grade ETF accounts for approximately 8.6% of Fiduciary Planning LLC’s holdings, making the stock its 4th largest holding. Fiduciary Planning LLC owned 2.20% of Invesco Variable Rate Investment Grade ETF worth $26,356,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VRIG. Lunt Capital Management Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 93.9% in the 4th quarter. Lunt Capital Management Inc. now owns 847,989 shares of the company’s stock valued at $21,297,000 after purchasing an additional 410,593 shares during the period. Goldstone Financial Group LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at about $10,015,000. Cerro Pacific Wealth Advisors LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 75.0% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 235,516 shares of the company’s stock valued at $5,908,000 after purchasing an additional 100,937 shares during the period. Beaumont Financial Advisors LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 22.6% in the 4th quarter. Beaumont Financial Advisors LLC now owns 424,777 shares of the company’s stock valued at $10,668,000 after purchasing an additional 78,184 shares during the period. Finally, Raymond James & Associates raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 90.2% in the 3rd quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock valued at $4,025,000 after purchasing an additional 76,086 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

VRIG opened at $25.11 on Monday. The business’s 50-day moving average price is $25.13 and its two-hundred day moving average price is $25.12. Invesco Variable Rate Investment Grade ETF has a 1 year low of $25.03 and a 1 year high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a $0.1141 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

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.