Invesco Variable Rate Investment Grade ETF $VRIG Holdings Lifted by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 5.1% during the second quarter, Holdings Channel.com reports. The fund owned 536,030 shares of the company’s stock after acquiring an additional 26,109 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $13,438,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at about $1,235,000. JPMorgan Chase & Co. grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 64.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 37,912 shares of the company’s stock worth $950,000 after purchasing an additional 14,805 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 4.8% in the 2nd quarter. First Trust Advisors LP now owns 117,855 shares of the company’s stock worth $2,952,000 after purchasing an additional 5,351 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 6.4% in the 2nd quarter. NewEdge Advisors LLC now owns 27,320 shares of the company’s stock worth $684,000 after purchasing an additional 1,641 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Invesco Variable Rate Investment Grade ETF by 26.3% in the 2nd quarter. Raymond James Financial Inc. now owns 385,708 shares of the company’s stock worth $9,662,000 after purchasing an additional 80,277 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

VRIG stock opened at $25.09 on Tuesday. Invesco Variable Rate Investment Grade ETF has a 12 month low of $25.00 and a 12 month high of $25.18. The firm has a 50 day simple moving average of $25.08 and a 200 day simple moving average of $25.09.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a $0.0922 dividend. The ex-dividend date was Monday, July 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.