208,661 Invesco Variable Rate Investment Grade ETF $VRIG Shares Acquired by Courier Capital LLC

Courier Capital LLC lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 77.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 477,268 shares of the company’s stock after acquiring an additional 208,661 shares during the quarter. Invesco Variable Rate Investment Grade ETF comprises approximately 2.3% of Courier Capital LLC’s holdings, making the stock its 11th biggest holding. Courier Capital LLC owned approximately 0.64% of Invesco Variable Rate Investment Grade ETF worth $11,944,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Avior Wealth Management LLC increased its holdings in Invesco Variable Rate Investment Grade ETF by 5,268.3% in the 3rd quarter. Avior Wealth Management LLC now owns 360,804 shares of the company’s stock valued at $9,029,000 after purchasing an additional 354,083 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth about $644,000. CoreCap Advisors LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth about $37,000. Fig Financial Advisory Services Inc. ADV purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the third quarter worth about $4,883,000. Finally, Worth Asset Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the third quarter worth about $4,077,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of VRIG stock traded up $0.01 during trading hours on Tuesday, reaching $25.07. The company had a trading volume of 897,180 shares, compared to its average volume of 528,037. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.00 and a twelve month high of $25.18. The stock’s fifty day simple moving average is $25.07 and its 200 day simple moving average is $25.07.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.0912 dividend. The ex-dividend date was Monday, September 21st. This represents a $1.09 dividend on an annualized basis and a yield of 4.4%. This is a boost from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.0912.

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.