38,543 Shares in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Bought by World Investment Advisors

World Investment Advisors bought a new stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) in the 4th quarter, HoldingsChannel.com reports. The firm bought 38,543 shares of the company’s stock, valued at approximately $968,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Prevail Innovative Wealth Advisors LLC raised its holdings in Invesco Variable Rate Investment Grade ETF by 31.7% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 31,149 shares of the company’s stock worth $782,000 after buying an additional 7,496 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Invesco Variable Rate Investment Grade ETF by 485.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,451 shares of the company’s stock valued at $87,000 after acquiring an additional 2,862 shares during the period. Cottage Street Advisors LLC raised its holdings in shares of Invesco Variable Rate Investment Grade ETF by 20.9% during the fourth quarter. Cottage Street Advisors LLC now owns 40,462 shares of the company’s stock valued at $1,016,000 after acquiring an additional 7,006 shares during the period. TrueMark Investments LLC lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 30.9% in the 4th quarter. TrueMark Investments LLC now owns 21,602 shares of the company’s stock valued at $543,000 after acquiring an additional 5,097 shares in the last quarter. Finally, Sequent Planning LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 12.0% in the 4th quarter. Sequent Planning LLC now owns 25,068 shares of the company’s stock worth $630,000 after purchasing an additional 2,694 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of NASDAQ:VRIG opened at $25.03 on Monday. The company’s fifty day moving average is $25.12 and its two-hundred day moving average is $25.12. Invesco Variable Rate Investment Grade ETF has a 12-month low of $25.02 and a 12-month high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0986 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco Variable Rate Investment Grade ETF 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.