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

NewEdge Advisors LLC grew its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 546.0% during the first quarter, HoldingsChannel reports. The fund owned 146,925 shares of the company’s stock after purchasing an additional 124,182 shares during the period. NewEdge Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $3,678,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new position in Invesco Variable Rate Investment Grade ETF in the first quarter valued at approximately $1,235,000. JPMorgan Chase & Co. raised its holdings in Invesco Variable Rate Investment Grade ETF by 64.1% during the second quarter. JPMorgan Chase & Co. now owns 37,912 shares of the company’s stock worth $950,000 after purchasing an additional 14,805 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 4.8% during the 2nd quarter. First Trust Advisors LP now owns 117,855 shares of the company’s stock worth $2,952,000 after buying an additional 5,351 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 26.3% during the 2nd quarter. Raymond James Financial Inc. now owns 385,708 shares of the company’s stock worth $9,662,000 after buying an additional 80,277 shares during the last quarter. Finally, Vista Investment Management boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 6.6% in the 2nd quarter. Vista Investment Management now owns 112,872 shares of the company’s stock valued at $2,827,000 after buying an additional 6,969 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.08 on Friday. The company has a fifty day simple moving average of $25.08 and a 200-day simple moving average of $25.09. Invesco Variable Rate Investment Grade ETF has a 12-month low of $25.00 and a 12-month high of $25.18.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a dividend of $0.0922 per share. The ex-dividend date was Monday, July 20th.

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.