Cetera Investment Advisers Boosts Stake in Invesco Variable Rate Investment Grade ETF $VRIG

Cetera Investment Advisers lifted its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 1.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 576,615 shares of the company’s stock after acquiring an additional 6,938 shares during the period. Cetera Investment Advisers owned 1.18% of Invesco Variable Rate Investment Grade ETF worth $14,444,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in Invesco Variable Rate Investment Grade ETF by 258.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,477 shares of the company’s stock worth $112,000 after purchasing an additional 3,227 shares during the period. Empirical Asset Management LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 2nd quarter valued at $201,000. IronOak Wealth LLC. purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 2nd quarter worth about $202,000. Sowell Financial Services LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF in the 2nd quarter worth about $225,000. Finally, Sheets Smith Wealth Management bought a new position in shares of Invesco Variable Rate Investment Grade ETF in the 2nd quarter worth about $240,000.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ:VRIG opened at $25.15 on Thursday. Invesco Variable Rate Investment Grade ETF has a one year low of $24.79 and a one year high of $25.21. The company’s 50-day simple moving average is $25.11 and its 200 day simple moving average is $25.09.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, October 24th. Stockholders of record on Monday, October 20th were given a $0.1014 dividend. The ex-dividend date of this dividend was Monday, October 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.