Invesco Variable Rate Investment Grade ETF (VRIG) Stake Boosted by IFP Advisors Inc

IFP Advisors Inc lifted its stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 227.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,318 shares of the company’s stock after purchasing an additional 5,778 shares during the quarter. IFP Advisors Inc’s holdings in Invesco Variable Rate Investment Grade ETF were worth $205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of VRIG. Morgan Stanley raised its position in Invesco Variable Rate Investment Grade ETF by 21.8% in the 3rd quarter. Morgan Stanley now owns 1,183,683 shares of the company’s stock worth $29,699,000 after buying an additional 212,177 shares during the last quarter. Barnett & Company Inc. raised its position in Invesco Variable Rate Investment Grade ETF by 6.7% in the 3rd quarter. Barnett & Company Inc. now owns 377,804 shares of the company’s stock worth $9,479,000 after buying an additional 23,715 shares during the last quarter. Rehmann Capital Advisory Group raised its position in Invesco Variable Rate Investment Grade ETF by 713.5% in the 3rd quarter. Rehmann Capital Advisory Group now owns 267,304 shares of the company’s stock worth $10,653,000 after buying an additional 234,446 shares during the last quarter. Holderness Investments Co. raised its position in Invesco Variable Rate Investment Grade ETF by 9.9% in the 3rd quarter. Holderness Investments Co. now owns 261,190 shares of the company’s stock worth $6,553,000 after buying an additional 23,629 shares during the last quarter. Finally, Tortoise Investment Management LLC raised its position in Invesco Variable Rate Investment Grade ETF by 3.6% in the 3rd quarter. Tortoise Investment Management LLC now owns 247,486 shares of the company’s stock worth $6,209,000 after buying an additional 8,590 shares during the last quarter.

Shares of NASDAQ:VRIG opened at $24.84 on Wednesday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.56 and a fifty-two week high of $25.29.

The firm also recently announced a monthly dividend, which was paid on Thursday, January 31st. Shareholders of record on Wednesday, January 23rd were given a $0.0691 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend was Tuesday, January 22nd.

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

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