Corient Private Wealth LLC Takes Position in Invesco Variable Rate Investment Grade ETF $VRIG

Corient Private Wealth LLC bought a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 141,838 shares of the company’s stock, valued at approximately $3,560,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VRIG. PNC Financial Services Group Inc. acquired a new stake in Invesco Variable Rate Investment Grade ETF during the 4th quarter worth $35,000. CoreCap Advisors LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 64.9% in the fourth quarter. CoreCap Advisors LLC now owns 1,824 shares of the company’s stock valued at $46,000 after acquiring an additional 718 shares in the last quarter. Aptus Capital Advisors LLC grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 161.7% during the third quarter. Aptus Capital Advisors LLC now owns 6,101 shares of the company’s stock worth $153,000 after purchasing an additional 3,770 shares during the last quarter. Blair William & Co. IL grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 5.7% during the fourth 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. Finally, SHP Wealth Management acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $229,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.06 on Friday. Invesco Variable Rate Investment Grade ETF has a one year low of $25.00 and a one year high of $25.18. The business’s 50-day simple moving average is $25.07 and its 200-day simple moving average is $25.09.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.0919 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, June 22nd.

Invesco Variable Rate Investment Grade ETF 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.