Calton & Associates Inc. Raises Stock Position in Invesco Variable Rate Investment Grade ETF $VRIG

Calton & Associates Inc. grew its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 9.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 457,797 shares of the company’s stock after purchasing an additional 37,755 shares during the period. Invesco Variable Rate Investment Grade ETF makes up approximately 1.7% of Calton & Associates Inc.’s holdings, making the stock its 10th biggest position. Calton & Associates Inc.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $11,491,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 34.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 348,301 shares of the company’s stock valued at $8,742,000 after buying an additional 89,330 shares during the period. Blue Capital Inc. bought a new position in shares of Invesco Variable Rate Investment Grade ETF in the second quarter valued at approximately $2,938,000. CreativeOne Wealth LLC boosted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 143.8% in the second quarter. CreativeOne Wealth LLC now owns 67,246 shares of the company’s stock valued at $1,685,000 after acquiring an additional 39,666 shares in the last quarter. Rockefeller Capital Management L.P. acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the second quarter valued at approximately $465,000. Finally, Inspire Advisors LLC raised its holdings in Invesco Variable Rate Investment Grade ETF by 125.4% during the second quarter. Inspire Advisors LLC now owns 49,497 shares of the company’s stock worth $1,240,000 after purchasing an additional 27,542 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.16 on Friday. The business has a 50 day moving average price of $25.12 and a two-hundred day moving average price of $25.11. Invesco Variable Rate Investment Grade ETF has a 1-year low of $24.79 and a 1-year high of $25.19.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a $0.0998 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a positive change from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.10. The ex-dividend date was Tuesday, January 20th.

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.