Invesco Variable Rate Investment Grade ETF (VRIG) To Go Ex-Dividend on March 23rd

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) announced a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Monday, March 23rd will be given a dividend of 0.0931 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Monday, March 23rd.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ VRIG opened at $25.03 on Wednesday. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.79 and a twelve month high of $25.18. The company has a 50 day moving average of $25.12 and a 200 day moving average of $25.11.

Institutional Investors Weigh In On Invesco Variable Rate Investment Grade ETF

Several large investors have recently bought and sold shares of the business. Richmond Investment Services LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 2.3% in the 4th quarter. Richmond Investment Services LLC now owns 21,303 shares of the company’s stock worth $535,000 after purchasing an additional 471 shares during the period. Blair William & Co. IL raised its position in shares of Invesco Variable Rate Investment Grade ETF by 5.7% during the fourth quarter. Blair William & Co. IL now owns 8,871 shares of the company’s stock valued at $223,000 after buying an additional 476 shares during the last quarter. Thoroughbred Financial Services LLC lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 1.1% in the third quarter. Thoroughbred Financial Services LLC now owns 47,981 shares of the company’s stock worth $1,204,000 after buying an additional 511 shares in the last quarter. Global Retirement Partners LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 3.8% during the fourth quarter. Global Retirement Partners LLC now owns 15,452 shares of the company’s stock worth $388,000 after acquiring an additional 568 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its holdings in Invesco Variable Rate Investment Grade ETF by 1.9% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 31,570 shares of the company’s stock valued at $792,000 after acquiring an additional 585 shares during the last quarter.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.