NewEdge Advisors LLC Raises Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

NewEdge Advisors LLC raised its stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 546.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,925 shares of the company’s stock after purchasing an additional 124,182 shares during the period. NewEdge Advisors LLC owned about 0.25% of Invesco Variable Rate Investment Grade ETF worth $3,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the fourth quarter worth approximately $35,000. Sound Income Strategies LLC raised its holdings in Invesco Variable Rate Investment Grade ETF by 141,100.0% in the first quarter. Sound Income Strategies LLC now owns 1,412 shares of the company’s stock valued at $35,000 after acquiring an additional 1,411 shares in the last quarter. CoreCap Advisors LLC lifted its stake in Invesco Variable Rate Investment Grade ETF by 64.9% in the fourth quarter. CoreCap Advisors LLC now owns 1,824 shares of the company’s stock worth $46,000 after acquiring an additional 718 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in Invesco Variable Rate Investment Grade ETF in the first quarter worth approximately $49,000. Finally, Harbor Asset Planning Inc. purchased a new position in Invesco Variable Rate Investment Grade ETF in the first quarter worth approximately $80,000.

Invesco Variable Rate Investment Grade ETF Trading Up 0.0%

NASDAQ VRIG opened at $25.08 on Friday. Invesco Variable Rate Investment Grade ETF has a 52 week low of $25.00 and a 52 week high of $25.18. The firm has a 50 day moving average of $25.08 and a two-hundred day moving average of $25.09.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a dividend of $0.0922 per share. The ex-dividend date of this dividend was Monday, July 20th.

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