J.W. Cole Advisors Inc. Makes New $229,000 Investment in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

J.W. Cole Advisors Inc. purchased a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIGGet Rating) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,204 shares of the company’s stock, valued at approximately $229,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VRIG. Jane Street Group LLC boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 79.1% during the 1st quarter. Jane Street Group LLC now owns 113,745 shares of the company’s stock worth $2,835,000 after acquiring an additional 50,236 shares in the last quarter. Quantitative Advantage LLC boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 15.2% during the 1st quarter. Quantitative Advantage LLC now owns 140,454 shares of the company’s stock worth $3,501,000 after acquiring an additional 18,497 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 11.0% during the 1st quarter. Royal Bank of Canada now owns 278,028 shares of the company’s stock worth $6,930,000 after acquiring an additional 27,555 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 1st quarter worth about $1,686,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 1st quarter worth about $1,490,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $24.79 on Thursday. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.41 and a twelve month high of $25.13. The firm’s 50-day moving average price is $24.77 and its 200 day moving average price is $24.80.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, September 23rd. Shareholders of record on Tuesday, September 20th will be paid a $0.071 dividend. This represents a $0.85 dividend on an annualized basis and a yield of 3.44%. This is a positive change from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.06. The ex-dividend date is Monday, September 19th.

See Also

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

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