NewEdge Advisors LLC Buys 124,182 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

NewEdge Advisors LLC boosted its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 546.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 146,925 shares of the company’s stock after purchasing an additional 124,182 shares during the period. NewEdge Advisors LLC owned about 0.25% of Invesco Variable Rate Investment Grade ETF worth $3,678,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Richmond Investment Services LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 2.3% in the fourth 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 period. Blair William & Co. IL grew its stake in shares of Invesco Variable Rate Investment Grade ETF by 5.7% during the 4th quarter. Blair William & Co. IL now owns 8,871 shares of the company’s stock valued at $223,000 after acquiring an additional 476 shares during the period. Global Retirement Partners LLC increased its holdings 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 acquiring an additional 568 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in Invesco Variable Rate Investment Grade ETF by 1.9% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 31,570 shares of the company’s stock worth $792,000 after acquiring an additional 585 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake 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 worth $545,000 after acquiring an additional 619 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Performance

NASDAQ VRIG opened at $25.10 on Thursday. Invesco Variable Rate Investment Grade ETF has a 12 month low of $25.00 and a 12 month high of $25.18. The company’s 50 day moving average is $25.08 and its two-hundred day moving average is $25.09.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a dividend of $0.0922 per share. The ex-dividend date was Monday, July 20th.

About Invesco Variable Rate Investment Grade ETF

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.