UMB Bank n.a. Acquires New Shares in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

UMB Bank n.a. bought a new position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,045 shares of the company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sunflower Bank N.A. boosted its stake in Invesco Variable Rate Investment Grade ETF by 1.2% in the 1st quarter. Sunflower Bank N.A. now owns 535,136 shares of the company’s stock worth $13,421,000 after purchasing an additional 6,465 shares during the period. Fiduciary Planning LLC lifted its stake in Invesco Variable Rate Investment Grade ETF by 3.0% in the 1st quarter. Fiduciary Planning LLC now owns 1,080,923 shares of the company’s stock valued at $27,110,000 after purchasing an additional 31,519 shares during the last quarter. Heritage Family Offices LLP lifted its stake in Invesco Variable Rate Investment Grade ETF by 7.4% in the 1st quarter. Heritage Family Offices LLP now owns 44,300 shares of the company’s stock valued at $1,111,000 after purchasing an additional 3,051 shares during the last quarter. NBC Securities Inc. lifted its stake in Invesco Variable Rate Investment Grade ETF by 105,360.0% in the 1st quarter. NBC Securities Inc. now owns 5,273 shares of the company’s stock valued at $132,000 after purchasing an additional 5,268 shares during the last quarter. Finally, Cerro Pacific Wealth Advisors LLC lifted its stake in Invesco Variable Rate Investment Grade ETF by 10.7% in the 1st quarter. Cerro Pacific Wealth Advisors LLC now owns 260,754 shares of the company’s stock valued at $6,549,000 after purchasing an additional 25,238 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Trading Up 0.1%

Shares of NASDAQ:VRIG opened at $25.12 on Monday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.79 and a 52-week high of $25.24. The company has a 50-day simple moving average of $25.02 and a 200 day simple moving average of $25.09.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 19th were issued a $0.1102 dividend. This is a boost from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.09. The ex-dividend date was Monday, May 19th.

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.