Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Declares Monthly Dividend of $0.10

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Monday, February 23rd will be given a dividend of 0.0968 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Monday, February 23rd.

Invesco Variable Rate Investment Grade ETF Stock Down 0.3%

Shares of NASDAQ:VRIG traded down $0.08 during trading on Monday, reaching $25.10. 385,149 shares of the stock were exchanged, compared to its average volume of 425,016. The firm’s 50-day moving average price is $25.13 and its 200 day moving average price is $25.11. Invesco Variable Rate Investment Grade ETF has a 12-month low of $24.79 and a 12-month high of $25.18.

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.