Regal Investment Advisors LLC Has $6.14 Million Stock Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Regal Investment Advisors LLC grew its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 116.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 244,429 shares of the company’s stock after purchasing an additional 131,494 shares during the period. Regal Investment Advisors LLC owned approximately 0.48% of Invesco Variable Rate Investment Grade ETF worth $6,135,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Thoroughbred Financial Services LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 1.1% in the third quarter. Thoroughbred Financial Services LLC now owns 47,981 shares of the company’s stock valued at $1,204,000 after buying an additional 511 shares in the last quarter. Inspire Advisors LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 2.3% during the third quarter. Inspire Advisors LLC now owns 50,641 shares of the company’s stock worth $1,271,000 after acquiring an additional 1,144 shares in the last quarter. Empirical Asset Management LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 18.8% during the third quarter. Empirical Asset Management LLC now owns 9,524 shares of the company’s stock worth $239,000 after acquiring an additional 1,507 shares in the last quarter. Sequent Planning LLC lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 7.8% in the third quarter. Sequent Planning LLC now owns 21,640 shares of the company’s stock worth $543,000 after acquiring an additional 1,574 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 6.4% in the second quarter. NewEdge Advisors LLC now owns 27,320 shares of the company’s stock worth $684,000 after acquiring an additional 1,641 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.10 on Friday. The company’s 50 day moving average is $25.13 and its 200-day moving average is $25.11. Invesco Variable Rate Investment Grade ETF has a 1-year low of $24.79 and a 1-year high of $25.18.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid a $0.0968 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a yield of 4.6%.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.