Corient Private Wealth LLC Raises Stock Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Corient Private Wealth LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 118,238 shares of the company’s stock after buying an additional 7,522 shares during the quarter. Corient Private Wealth LLC owned approximately 0.24% of Invesco Variable Rate Investment Grade ETF worth $2,970,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VRIG. Golden State Wealth Management LLC purchased a new position in Invesco Variable Rate Investment Grade ETF during the 4th quarter worth $100,000. Concorde Asset Management LLC purchased a new position in Invesco Variable Rate Investment Grade ETF during the 3rd quarter worth $202,000. Truist Financial Corp purchased a new position in Invesco Variable Rate Investment Grade ETF during the 4th quarter worth $208,000. Kingswood Wealth Advisors LLC purchased a new position in Invesco Variable Rate Investment Grade ETF during the 4th quarter worth $241,000. Finally, Nations Financial Group Inc. IA ADV purchased a new position in Invesco Variable Rate Investment Grade ETF during the 4th quarter worth $292,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.16 on Friday. The stock’s fifty day moving average is $25.13 and its two-hundred day moving average is $25.13. Invesco Variable Rate Investment Grade ETF has a 52 week low of $25.05 and a 52 week high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a dividend of $0.1041 per share. The ex-dividend date was Monday, February 24th.

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.