Wealthcare Advisory Partners LLC Grows Stock Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Wealthcare Advisory Partners LLC raised its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 512,330 shares of the company’s stock after purchasing an additional 31,866 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.94% of Invesco Variable Rate Investment Grade ETF worth $12,859,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. KMG Fiduciary Partners LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF by 32.8% during the 4th quarter. KMG Fiduciary Partners LLC now owns 231,516 shares of the company’s stock valued at $5,811,000 after buying an additional 57,137 shares in the last quarter. Adamsbrown Wealth Consultants LLC grew its position in Invesco Variable Rate Investment Grade ETF by 81.0% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 40,590 shares of the company’s stock worth $1,019,000 after acquiring an additional 18,163 shares in the last quarter. CoreCap Advisors LLC grew its position in Invesco Variable Rate Investment Grade ETF by 64.9% in the fourth quarter. CoreCap Advisors LLC now owns 1,824 shares of the company’s stock worth $46,000 after acquiring an additional 718 shares in the last quarter. Parsons Capital Management Inc. RI increased its stake in Invesco Variable Rate Investment Grade ETF by 26.1% during the fourth quarter. Parsons Capital Management Inc. RI now owns 396,518 shares of the company’s stock worth $9,953,000 after acquiring an additional 82,168 shares during the last quarter. Finally, Mayflower Financial Advisors LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter valued at approximately $1,481,000.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ:VRIG opened at $25.02 on Friday. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.79 and a 1 year high of $25.18. The business has a 50 day simple moving average of $25.11 and a 200-day simple moving average of $25.11.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.0931 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, March 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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.