Private Advisor Group LLC Purchases 68,604 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Private Advisor Group LLC increased its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 42.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 230,869 shares of the company’s stock after purchasing an additional 68,604 shares during the period. Private Advisor Group LLC owned about 0.47% of Invesco Variable Rate Investment Grade ETF worth $5,798,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Raymond James & Associates increased its position in shares of Invesco Variable Rate Investment Grade ETF by 90.2% during the third quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock valued at $4,025,000 after purchasing an additional 76,086 shares during the period. HighTower Advisors LLC increased its position in shares of Invesco Variable Rate Investment Grade ETF by 12.4% during the third quarter. HighTower Advisors LLC now owns 580,746 shares of the company’s stock valued at $14,576,000 after purchasing an additional 63,859 shares during the period. Resurgent Financial Advisors LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 2.6% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock valued at $532,000 after buying an additional 534 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at $1,639,000. Finally, IHT Wealth Management LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 63.7% in the 3rd quarter. IHT Wealth Management LLC now owns 76,117 shares of the company’s stock valued at $1,910,000 after buying an additional 29,610 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Up 0.0 %

Shares of VRIG stock opened at $25.18 on Friday. The stock’s fifty day simple moving average is $25.13 and its 200 day simple moving average is $25.12. Invesco Variable Rate Investment Grade ETF has a one year low of $25.03 and a one year high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a $0.1141 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

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.