Vista Investment Management Has $3.82 Million Stock Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Vista Investment Management lifted its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 12.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 152,734 shares of the company’s stock after buying an additional 16,681 shares during the quarter. Invesco Variable Rate Investment Grade ETF comprises about 1.8% of Vista Investment Management’s portfolio, making the stock its 12th largest holding. Vista Investment Management owned approximately 0.47% of Invesco Variable Rate Investment Grade ETF worth $3,817,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of VRIG. Assetmark Inc. acquired a new stake in Invesco Variable Rate Investment Grade ETF in the 4th quarter worth about $47,574,000. LPL Financial LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 21.4% in the 3rd quarter. LPL Financial LLC now owns 1,410,502 shares of the company’s stock worth $35,184,000 after purchasing an additional 248,526 shares in the last quarter. Fiduciary Planning LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 245.3% in the 4th quarter. Fiduciary Planning LLC now owns 928,359 shares of the company’s stock worth $23,200,000 after purchasing an additional 659,505 shares in the last quarter. Stifel Financial Corp raised its stake in Invesco Variable Rate Investment Grade ETF by 33.2% in the 3rd quarter. Stifel Financial Corp now owns 587,129 shares of the company’s stock worth $14,646,000 after purchasing an additional 146,195 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 17.3% in the 3rd quarter. HighTower Advisors LLC now owns 511,486 shares of the company’s stock worth $12,762,000 after purchasing an additional 75,413 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Invesco Variable Rate Investment Grade ETF stock traded down $0.01 during midday trading on Tuesday, hitting $25.18. The company’s stock had a trading volume of 21,149 shares, compared to its average volume of 321,570. Invesco Variable Rate Investment Grade ETF has a 1-year low of $24.82 and a 1-year high of $25.21. The company has a 50-day moving average price of $25.14 and a two-hundred day moving average price of $25.08.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 24th. Shareholders of record on Tuesday, May 21st were issued a $0.1267 dividend. This represents a $1.52 annualized dividend and a yield of 6.04%. The ex-dividend date of this dividend was Monday, May 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.