Corient Private Wealth LLC Buys 7,522 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Corient Private Wealth LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 118,238 shares of the company’s stock after acquiring an additional 7,522 shares during the quarter. Corient Private Wealth LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $2,970,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Resurgent Financial Advisors LLC boosted its position in Invesco Variable Rate Investment Grade ETF by 2.6% during the 3rd quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock valued at $532,000 after acquiring an additional 534 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 4th quarter worth $100,000. Heritage Family Offices LLP boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 13.0% in the 4th quarter. Heritage Family Offices LLP now owns 41,249 shares of the company’s stock worth $1,036,000 after purchasing an additional 4,751 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 57.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 19,099 shares of the company’s stock worth $479,000 after purchasing an additional 6,948 shares in the last quarter. Finally, Aveo Capital Partners LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 34.6% in the 4th quarter. Aveo Capital Partners LLC now owns 29,525 shares of the company’s stock worth $742,000 after purchasing an additional 7,597 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Invesco Variable Rate Investment Grade ETF stock opened at $25.16 on Friday. Invesco Variable Rate Investment Grade ETF has a 1-year low of $25.05 and a 1-year high of $25.24. The business has a fifty day moving average price of $25.13 and a 200-day moving average price of $25.13.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a $0.1041 dividend. The ex-dividend date of this dividend was Monday, February 24th.

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.