Worth Asset Management LLC Buys 34,508 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Worth Asset Management LLC grew its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 60.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,357 shares of the company’s stock after purchasing an additional 34,508 shares during the period. Invesco Variable Rate Investment Grade ETF makes up approximately 0.9% of Worth Asset Management LLC’s investment portfolio, making the stock its 24th biggest position. Worth Asset Management LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $2,287,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Richmond Investment Services LLC lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 2.3% in the fourth quarter. Richmond Investment Services LLC now owns 21,303 shares of the company’s stock worth $535,000 after buying an additional 471 shares in the last quarter. Blair William & Co. IL boosted its stake in 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 increased its stake in Invesco Variable Rate Investment Grade ETF by 1.1% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 47,981 shares of the company’s stock worth $1,204,000 after acquiring an additional 511 shares during the last quarter. Global Retirement Partners LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 3.8% in the 4th 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 raised its holdings in shares of Invesco Variable Rate Investment Grade ETF by 1.9% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 31,570 shares of the company’s stock worth $792,000 after acquiring an additional 585 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Down 0.3%

Shares of VRIG opened at $25.05 on Tuesday. Invesco Variable Rate Investment Grade ETF has a 1 year low of $25.00 and a 1 year high of $25.18. The business’s 50 day simple moving average is $25.07 and its 200-day simple moving average is $25.10.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be given a $0.0919 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Monday, June 22nd.

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.