44,762 Shares of Invesco Variable Rate Investment Grade ETF $VRIG Bought by Trademark Financial Management LLC

Trademark Financial Management LLC bought a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 44,762 shares of the company’s stock, valued at approximately $1,120,000. Trademark Financial Management LLC owned about 0.06% of Invesco Variable Rate Investment Grade ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VRIG. Simplicity Wealth LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 3rd quarter worth approximately $2,455,000. Beaumont Financial Advisors LLC acquired a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at approximately $6,385,000. James Investment Research Inc. acquired a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at approximately $4,206,000. Harfst & Associates Inc. lifted its holdings in Invesco Variable Rate Investment Grade ETF by 11.3% in the third quarter. Harfst & Associates Inc. now owns 1,004,561 shares of the company’s stock valued at $25,139,000 after acquiring an additional 101,796 shares during the last quarter. Finally, South Shore Capital Advisors acquired a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at approximately $248,000.

Invesco Variable Rate Investment Grade ETF Trading Down 0.0%

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $24.99 on Monday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.98 and a fifty-two week high of $25.18. The stock has a 50 day moving average of $25.06 and a 200 day moving average of $25.07.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were given a $0.0938 dividend. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.0912. This represents a $1.13 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, October 19th.

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.