Wealthcare Advisory Partners LLC Increases Stock Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Wealthcare Advisory Partners LLC increased its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 2,463.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 480,464 shares of the company’s stock after buying an additional 461,722 shares during the period. Wealthcare Advisory Partners LLC owned about 0.94% of Invesco Variable Rate Investment Grade ETF worth $12,060,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in VRIG. Jane Street Group LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the first quarter valued at approximately $1,235,000. Stratos Wealth Partners LTD. lifted its holdings in Invesco Variable Rate Investment Grade ETF by 2.3% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 39,747 shares of the company’s stock valued at $996,000 after purchasing an additional 879 shares in the last quarter. Trademark Financial Management LLC boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 9.1% during the 2nd quarter. Trademark Financial Management LLC now owns 31,171 shares of the company’s stock worth $781,000 after purchasing an additional 2,589 shares during the last quarter. Mendel Money Management grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 19.6% during the second quarter. Mendel Money Management now owns 15,460 shares of the company’s stock worth $387,000 after buying an additional 2,535 shares in the last quarter. Finally, Cottage Street Advisors LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF by 12.4% in the second quarter. Cottage Street Advisors LLC now owns 45,474 shares of the company’s stock valued at $1,139,000 after buying an additional 5,006 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ VRIG opened at $25.16 on Tuesday. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.79 and a 1 year high of $25.19. The firm’s 50 day moving average price is $25.12 and its 200 day moving average price is $25.11.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a dividend of $0.0998 per share. This represents a c) annualized dividend and a yield of 4.8%. This is a positive change from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, January 20th.

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.