Invesco Variable Rate Investment Grade ETF $VRIG Shares Acquired by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC increased its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 194.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 173,737 shares of the company’s stock after buying an additional 114,722 shares during the quarter. Mayflower Financial Advisors LLC owned about 0.29% of Invesco Variable Rate Investment Grade ETF worth $4,350,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VRIG. Jane Street Group LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF during the 1st quarter worth approximately $1,235,000. JPMorgan Chase & Co. increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 64.1% in the second quarter. JPMorgan Chase & Co. now owns 37,912 shares of the company’s stock valued at $950,000 after purchasing an additional 14,805 shares during the period. First Trust Advisors LP increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 4.8% in the second quarter. First Trust Advisors LP now owns 117,855 shares of the company’s stock valued at $2,952,000 after purchasing an additional 5,351 shares during the period. NewEdge Advisors LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 6.4% during the second quarter. NewEdge Advisors LLC now owns 27,320 shares of the company’s stock worth $684,000 after purchasing an additional 1,641 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 26.3% during the second quarter. Raymond James Financial Inc. now owns 385,708 shares of the company’s stock worth $9,662,000 after purchasing an additional 80,277 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Up 0.1%

Shares of NASDAQ VRIG opened at $25.08 on Tuesday. The stock has a fifty day moving average price of $25.07 and a 200 day moving average price of $25.09. Invesco Variable Rate Investment Grade ETF has a 1-year low of $25.00 and a 1-year high of $25.18.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.0919 per share. The ex-dividend date was Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Invesco Variable Rate Investment Grade ETF 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.