Blue Capital Inc. Buys 40,589 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Blue Capital Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 32.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 164,202 shares of the company’s stock after acquiring an additional 40,589 shares during the period. Invesco Variable Rate Investment Grade ETF makes up 2.7% of Blue Capital Inc.’s investment portfolio, making the stock its 6th biggest holding. Blue Capital Inc.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $4,111,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Invesco Ltd. grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 26.5% in the 4th quarter. Invesco Ltd. now owns 13,338,402 shares of the company’s stock valued at $334,794,000 after purchasing an additional 2,790,286 shares during the last quarter. Morgan Stanley increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 10.0% in the fourth quarter. Morgan Stanley now owns 2,246,537 shares of the company’s stock valued at $56,388,000 after purchasing an additional 205,031 shares during the period. Osaic Holdings Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 5.6% during the fourth quarter. Osaic Holdings Inc. now owns 1,085,090 shares of the company’s stock worth $27,237,000 after purchasing an additional 58,015 shares during the last quarter. Fiduciary Planning LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 1.4% during the fourth quarter. Fiduciary Planning LLC now owns 977,936 shares of the company’s stock worth $24,546,000 after purchasing an additional 13,816 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 5.1% during the fourth quarter. Stifel Financial Corp now owns 842,362 shares of the company’s stock worth $21,143,000 after purchasing an additional 40,954 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Performance

NASDAQ:VRIG opened at $25.08 on Friday. The firm’s fifty day moving average price is $25.08 and its 200 day moving average price is $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 announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.0919 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.