48,537 Shares in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Acquired by IFG Advisory LLC

IFG Advisory LLC acquired a new position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 48,537 shares of the company’s stock, valued at approximately $1,213,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Fortis Capital Advisors LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the fourth quarter valued at about $27,000. UBS Group AG purchased a new stake in Invesco Variable Rate Investment Grade ETF during the 2nd quarter worth about $28,000. Belpointe Asset Management LLC boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 42.6% during the first quarter. Belpointe Asset Management LLC now owns 1,561 shares of the company’s stock worth $39,000 after purchasing an additional 466 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 96.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,453 shares of the company’s stock worth $61,000 after acquiring an additional 1,203 shares during the period. Finally, Retirement Group LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 109.1% in the fourth quarter. Retirement Group LLC now owns 2,714 shares of the company’s stock worth $67,000 after acquiring an additional 1,416 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of VRIG opened at $25.08 on Thursday. The stock’s fifty day simple moving average is $25.09 and its 200 day simple moving average is $25.01. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.68 and a twelve month high of $25.19.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a $0.1304 dividend. The ex-dividend date was Monday, March 18th. This represents a $1.57 dividend on an annualized basis and a dividend yield of 6.24%.

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.