Wilian Securities LLC Makes New Investment in Invesco Variable Rate Investment Grade ETF $VRIG

Wilian Securities LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIGFree Report) in the 4th quarter, HoldingsChannel reports. The fund bought 57,964 shares of the company’s stock, valued at approximately $1,455,000. Invesco Variable Rate Investment Grade ETF makes up 1.6% of Wilian Securities LLC’s portfolio, making the stock its 16th biggest holding.

Several other hedge funds also recently bought and sold shares of VRIG. Truist Financial Corp boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 135.2% in the third quarter. Truist Financial Corp now owns 138,266 shares of the company’s stock valued at $3,470,000 after purchasing an additional 79,490 shares during the period. KMG Fiduciary Partners LLC boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 32.8% in the fourth quarter. KMG Fiduciary Partners LLC now owns 231,516 shares of the company’s stock valued at $5,811,000 after purchasing an additional 57,137 shares during the period. Laffer Tengler Investments Inc. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 118.3% in the third quarter. Laffer Tengler Investments Inc. now owns 189,370 shares of the company’s stock valued at $4,753,000 after purchasing an additional 102,628 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 2,463.6% in the third quarter. Wealthcare Advisory Partners LLC now owns 480,464 shares of the company’s stock valued at $12,060,000 after purchasing an additional 461,722 shares during the period. Finally, Cherry Creek Investment Advisors Inc. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 3.1% in the fourth quarter. Cherry Creek Investment Advisors Inc. now owns 696,853 shares of the company’s stock valued at $17,491,000 after purchasing an additional 21,021 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ VRIG opened at $25.03 on Friday. The firm has a 50 day simple moving average of $25.07 and a 200-day simple moving average of $25.10. Invesco Variable Rate Investment Grade ETF has a one year low of $25.00 and a one year high of $25.18.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 18th will be paid a $0.0937 dividend. The ex-dividend date of this dividend is Monday, May 18th. This is a positive change from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 4.5%.

About Invesco Variable Rate Investment Grade ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

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