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

Private Advisor Group LLC grew its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 42.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 230,869 shares of the company’s stock after acquiring an additional 68,604 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $5,798,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Raymond James & Associates increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 90.2% in the third quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock worth $4,025,000 after acquiring an additional 76,086 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 12.4% in the third quarter. HighTower Advisors LLC now owns 580,746 shares of the company’s stock worth $14,576,000 after acquiring an additional 63,859 shares in the last quarter. Resurgent Financial Advisors LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 2.6% in the third quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock worth $532,000 after acquiring an additional 534 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the third quarter worth about $1,639,000. Finally, IHT Wealth Management LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 63.7% in the third quarter. IHT Wealth Management LLC now owns 76,117 shares of the company’s stock worth $1,910,000 after acquiring an additional 29,610 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.18 on Friday. The business has a 50-day moving average of $25.13 and a two-hundred day moving average of $25.12. Invesco Variable Rate Investment Grade ETF has a 1 year low of $25.03 and a 1 year high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.1141 per share. 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.