Fiduciary Planning LLC Increases Stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Fiduciary Planning LLC increased its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 3.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,080,923 shares of the company’s stock after buying an additional 31,519 shares during the quarter. Invesco Variable Rate Investment Grade ETF accounts for 8.9% of Fiduciary Planning LLC’s portfolio, making the stock its 4th largest position. Fiduciary Planning LLC owned about 1.88% of Invesco Variable Rate Investment Grade ETF worth $27,110,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in Invesco Variable Rate Investment Grade ETF by 485.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,451 shares of the company’s stock valued at $87,000 after buying an additional 2,862 shares during the period. Mpwm Advisory Solutions LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at about $87,000. Golden State Wealth Management LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF during the 4th quarter valued at about $100,000. NBC Securities Inc. grew its position in Invesco Variable Rate Investment Grade ETF by 105,360.0% during the 1st quarter. NBC Securities Inc. now owns 5,273 shares of the company’s stock worth $132,000 after acquiring an additional 5,268 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in Invesco Variable Rate Investment Grade ETF by 6,365.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,465 shares of the company’s stock worth $162,000 after purchasing an additional 6,365 shares during the period.

Invesco Variable Rate Investment Grade ETF Trading Up 0.0%

Shares of VRIG stock opened at $25.08 on Friday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.79 and a fifty-two week high of $25.24. The stock has a 50 day moving average price of $25.01 and a two-hundred day moving average price of $25.09.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, May 23rd. Investors of record on Monday, May 19th were issued a dividend of $0.1102 per share. This is a positive change from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.09. The ex-dividend date was Monday, May 19th.

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.