Commonwealth Equity Services LLC Acquires 22,263 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Commonwealth Equity Services LLC grew its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIGFree Report) by 54.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,239 shares of the company’s stock after acquiring an additional 22,263 shares during the period. Commonwealth Equity Services LLC owned 0.18% of Invesco Variable Rate Investment Grade ETF worth $1,587,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Fiduciary Planning LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF by 2.3% in the first quarter. Fiduciary Planning LLC now owns 949,570 shares of the company’s stock valued at $23,825,000 after buying an additional 21,211 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 14.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 204,183 shares of the company’s stock worth $5,123,000 after purchasing an additional 26,228 shares during the last quarter. Lunt Capital Management Inc. boosted its position in Invesco Variable Rate Investment Grade ETF by 273.5% during the first quarter. Lunt Capital Management Inc. now owns 413,064 shares of the company’s stock valued at $10,364,000 after acquiring an additional 302,472 shares during the last quarter. Global Retirement Partners LLC boosted its position in Invesco Variable Rate Investment Grade ETF by 82.6% during the first quarter. Global Retirement Partners LLC now owns 30,165 shares of the company’s stock valued at $757,000 after acquiring an additional 13,641 shares during the last quarter. Finally, Cherry Creek Investment Advisors Inc. bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the first quarter valued at approximately $11,549,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.15 on Friday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.85 and a fifty-two week high of $25.24. The company’s 50-day moving average is $25.15 and its 200 day moving average is $25.11.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.1241 dividend. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.49 annualized dividend and a yield of 5.92%.

About Invesco Variable Rate Investment Grade ETF

(Free Report)

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.

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

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