Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Declares $0.11 Monthly Dividend

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) announced a monthly dividend on Monday, June 23rd, NASDAQ Dividends reports. Investors of record on Monday, June 23rd will be given a dividend of 0.1138 per share on Friday, June 27th. This represents a $1.37 dividend on an annualized basis and a yield of 5.46%. The ex-dividend date is Monday, June 23rd.

Invesco Variable Rate Investment Grade ETF Trading Down 0.4%

NASDAQ VRIG opened at $25.03 on Tuesday. The company’s 50 day simple moving average is $25.04 and its two-hundred day simple moving average is $25.09. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.79 and a 1 year high of $25.21.

Hedge Funds Weigh In On Invesco Variable Rate Investment Grade ETF

An institutional investor recently bought a new position in Invesco Variable Rate Investment Grade ETF stock. Jane Street Group LLC acquired a new position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 49,247 shares of the company’s stock, valued at approximately $1,235,000. Jane Street Group LLC owned about 0.10% of Invesco Variable Rate Investment Grade ETF at the end of the most recent quarter.

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.