Worth Asset Management LLC Has $3.87 Million Stake in Invesco Variable Rate Investment Grade ETF $VRIG

Worth Asset Management LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 68.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 154,229 shares of the company’s stock after acquiring an additional 62,872 shares during the quarter. Invesco Variable Rate Investment Grade ETF comprises 1.2% of Worth Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding. Worth Asset Management LLC owned about 0.23% of Invesco Variable Rate Investment Grade ETF worth $3,867,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Thayer Financial L.L.C. raised its position in shares of Invesco Variable Rate Investment Grade ETF by 7.0% in the 2nd quarter. Thayer Financial L.L.C. now owns 191,503 shares of the company’s stock worth $4,801,000 after acquiring an additional 12,483 shares in the last quarter. Balefire LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 2nd quarter valued at about $1,691,000. Dynamic Advisor Solutions LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 2nd quarter valued at about $664,000. NewEdge Advisors LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 546.0% during the 1st quarter. NewEdge Advisors LLC now owns 146,925 shares of the company’s stock valued at $3,678,000 after purchasing an additional 124,182 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its stake in Invesco Variable Rate Investment Grade ETF by 193.7% during the first quarter. Arkadios Wealth Advisors now owns 294,700 shares of the company’s stock worth $7,378,000 after purchasing an additional 194,356 shares during the period.

Invesco Variable Rate Investment Grade ETF Trading Up 0.0%

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

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The business 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.

Invesco Variable Rate Investment Grade ETF Company 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.