Cherry Creek Investment Advisors Inc. boosted its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Free Report) by 1.9% in the third quarter, Holdings Channel reports. The institutional investor owned 562,614 shares of the company’s stock after buying an additional 10,442 shares during the period. Invesco Variable Rate Investment Grade ETF accounts for approximately 7.3% of Cherry Creek Investment Advisors Inc.’s holdings, making the stock its largest position. Cherry Creek Investment Advisors Inc.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $14,113,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the business. NBC Securities Inc. grew its position in shares of Invesco Variable Rate Investment Grade ETF by 34.7% in the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock valued at $129,000 after buying an additional 1,335 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Invesco Variable Rate Investment Grade ETF by 168.3% during the first quarter. Advisors Asset Management Inc. now owns 6,461 shares of the company’s stock worth $162,000 after buying an additional 4,053 shares during the period. Calton & Associates Inc. bought a new position in Invesco Variable Rate Investment Grade ETF during the first quarter worth $202,000. Prevail Innovative Wealth Advisors LLC acquired a new position in Invesco Variable Rate Investment Grade ETF in the first quarter valued at $215,000. Finally, Inspire Advisors LLC bought a new stake in Invesco Variable Rate Investment Grade ETF during the second quarter valued at $287,000.
Invesco Variable Rate Investment Grade ETF Price Performance
VRIG stock opened at $25.08 on Thursday. The stock has a 50-day moving average price of $25.12 and a 200-day moving average price of $25.13. Invesco Variable Rate Investment Grade ETF has a 1-year low of $24.85 and a 1-year high of $25.24.
Invesco Variable Rate Investment Grade ETF Cuts Dividend
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.
Read More
- Five stocks we like better than Invesco Variable Rate Investment Grade ETF
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Monster and Celsius Energized: Which Stock Offers More Upside?
- 5 discounted opportunities for dividend growth investors
- Sherwin-Williams Plunges Into Buying Opportunity: Time to Buy?
- P/E Ratio Calculation: How to Assess Stocks
- Wolverine World Wide Breaks Out – Will the 92% Rally Continue?
Want to see what other hedge funds are holding VRIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Free Report).
Receive News & Ratings for Invesco Variable Rate Investment Grade ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Variable Rate Investment Grade ETF and related companies with MarketBeat.com's FREE daily email newsletter.