Greenleaf Trust bought a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 168,666 shares of the company’s stock, valued at approximately $8,459,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRIG. PNC Financial Services Group Inc. acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the 4th quarter worth about $35,000. Sound Income Strategies LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF by 141,100.0% in the 1st 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 during the period. Evolution Wealth Management Inc. acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at approximately $49,000. Harbor Asset Planning Inc. bought a new position in Invesco Variable Rate Investment Grade ETF during the 1st quarter worth approximately $80,000. Finally, Matrix Private Capital Group LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the 1st quarter worth approximately $145,000.
Invesco Variable Rate Investment Grade ETF Stock Performance
Shares of NASDAQ VRIG opened at $25.04 on Friday. The firm has a 50 day moving average price of $25.08 and a 200 day moving average price of $25.09. Invesco Variable Rate Investment Grade ETF has a 52-week low of $25.00 and a 52-week high of $25.18.
Invesco Variable Rate Investment Grade ETF Cuts Dividend
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.
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