Advisors Asset Management Inc. Acquires 6,948 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Advisors Asset Management Inc. boosted its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 57.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 19,099 shares of the company’s stock after buying an additional 6,948 shares during the period. Advisors Asset Management Inc.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $479,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. lifted its position in Invesco Variable Rate Investment Grade ETF by 34.7% in the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock valued at $129,000 after acquiring an additional 1,335 shares in the last quarter. Inspire Advisors LLC bought a new position in Invesco Variable Rate Investment Grade ETF in the 2nd quarter valued at approximately $287,000. Calton & Associates Inc. lifted its position in Invesco Variable Rate Investment Grade ETF by 47.7% in the 2nd quarter. Calton & Associates Inc. now owns 11,914 shares of the company’s stock valued at $300,000 after acquiring an additional 3,850 shares in the last quarter. Farther Finance Advisors LLC bought a new position in Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at approximately $375,000. Finally, Trademark Financial Management LLC lifted its position in Invesco Variable Rate Investment Grade ETF by 25.0% in the 2nd quarter. Trademark Financial Management LLC now owns 20,959 shares of the company’s stock valued at $527,000 after acquiring an additional 4,195 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

VRIG stock opened at $25.09 on Thursday. Invesco Variable Rate Investment Grade ETF has a 12-month low of $24.87 and a 12-month high of $25.24. The stock’s 50 day simple moving average is $25.11 and its 200 day simple moving average is $25.13.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were paid a dividend of $0.1204 per share. The ex-dividend date was Monday, November 18th.

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.