Bank of New York Mellon Corp Increases Stock Position in Invesco Variable Rate Investment Grade ETF $VRIG

Bank of New York Mellon Corp grew its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 79.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,781,949 shares of the company’s stock after buying an additional 789,612 shares during the period. Bank of New York Mellon Corp owned 3.02% of Invesco Variable Rate Investment Grade ETF worth $44,611,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Richmond Investment Services LLC grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 2.3% in the 4th quarter. Richmond Investment Services LLC now owns 21,303 shares of the company’s stock worth $535,000 after buying an additional 471 shares during the last quarter. Blair William & Co. IL raised its position in shares of Invesco Variable Rate Investment Grade ETF by 5.7% in the 4th quarter. Blair William & Co. IL now owns 8,871 shares of the company’s stock worth $223,000 after purchasing an additional 476 shares during the last quarter. Global Retirement Partners LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 3.8% in the 4th quarter. Global Retirement Partners LLC now owns 15,452 shares of the company’s stock worth $388,000 after purchasing an additional 568 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in Invesco Variable Rate Investment Grade ETF by 1.9% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 31,570 shares of the company’s stock valued at $792,000 after purchasing an additional 585 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in Invesco Variable Rate Investment Grade ETF by 2.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 21,722 shares of the company’s stock valued at $545,000 after purchasing an additional 619 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.05 on Friday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $25.00 and a 52-week high of $25.18. The company has a 50-day simple moving average of $25.08 and a two-hundred day simple moving average of $25.09.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were paid a dividend of $0.0922 per share. The ex-dividend date was Monday, July 20th.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.