Invesco Variable Rate Investment Grade ETF $VRIG Shares Newly Purchased by James Investment Research Inc.

James Investment Research Inc. bought a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 168,052 shares of the company’s stock, valued at approximately $4,206,000. James Investment Research Inc. owned 0.22% of Invesco Variable Rate Investment Grade ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VRIG. Centurion Wealth Management LLC grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 0.6% in the 2nd quarter. Centurion Wealth Management LLC now owns 86,304 shares of the company’s stock worth $2,164,000 after purchasing an additional 522 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in Invesco Variable Rate Investment Grade ETF by 2.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 21,722 shares of the company’s stock worth $545,000 after buying an additional 619 shares during the last quarter. Wagner Wealth Management LLC grew its position in Invesco Variable Rate Investment Grade ETF by 0.4% in the first quarter. Wagner Wealth Management LLC now owns 186,384 shares of the company’s stock worth $4,666,000 after buying an additional 814 shares during the last quarter. Royal Bank of Canada grew its position in Invesco Variable Rate Investment Grade ETF by 1.5% in the first quarter. Royal Bank of Canada now owns 88,278 shares of the company’s stock worth $2,210,000 after buying an additional 1,344 shares during the last quarter. Finally, Sound Income Strategies LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 141,100.0% in the first quarter. Sound Income Strategies LLC now owns 1,412 shares of the company’s stock valued at $35,000 after buying an additional 1,411 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ VRIG opened at $24.99 on Friday. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.98 and a 1 year high of $25.18. The business’s fifty day moving average is $25.06 and its two-hundred day moving average is $25.07.

Invesco Variable Rate Investment Grade ETF Increases Dividend

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

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.