Aveo Capital Partners LLC Acquires 7,597 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Aveo Capital Partners LLC grew its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 34.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 29,525 shares of the company’s stock after buying an additional 7,597 shares during the period. Aveo Capital Partners LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $742,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VRIG. Golden State Wealth Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the fourth quarter worth about $100,000. NBC Securities Inc. lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 34.7% in the third quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock worth $129,000 after buying an additional 1,335 shares in the last quarter. Concorde Asset Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the third quarter worth about $202,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the fourth quarter worth about $241,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the fourth quarter worth about $292,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.17 on Friday. Invesco Variable Rate Investment Grade ETF has a 12-month low of $25.03 and a 12-month high of $25.24. The company’s 50-day moving average price is $25.13 and its 200-day moving average price is $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a $0.1141 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

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.