KMG Fiduciary Partners LLC Has $4.30 Million Stock Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

KMG Fiduciary Partners LLC lifted its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 6.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,720 shares of the company’s stock after purchasing an additional 9,991 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $4,302,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. acquired a new stake in Invesco Variable Rate Investment Grade ETF during the 1st quarter worth $26,000. WASHINGTON TRUST Co bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the first quarter worth about $50,000. Allworth Financial LP acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the first quarter worth about $50,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco Variable Rate Investment Grade ETF by 258.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,477 shares of the company’s stock worth $112,000 after purchasing an additional 3,227 shares during the period. Finally, NBC Securities Inc. lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 105,360.0% during the 1st quarter. NBC Securities Inc. now owns 5,273 shares of the company’s stock valued at $132,000 after purchasing an additional 5,268 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of VRIG stock opened at $25.16 on Thursday. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.79 and a 52 week high of $25.21. The company’s 50 day moving average price is $25.10 and its two-hundred day moving average price is $25.07.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 18th were given a $0.1067 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a c) annualized dividend and a yield of 5.1%. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.11.

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.