Envestnet Portfolio Solutions Inc. Acquires Shares of 18,942 Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIGFree Report) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 18,942 shares of the company’s stock, valued at approximately $475,000.

Other institutional investors have also added to or reduced their stakes in the company. UMB Bank n.a. purchased a new stake in Invesco Variable Rate Investment Grade ETF during the first quarter valued at about $26,000. JPMorgan Chase & Co. lifted its holdings in Invesco Variable Rate Investment Grade ETF by 485.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,451 shares of the company’s stock valued at $87,000 after purchasing an additional 2,862 shares during the last quarter. Mpwm Advisory Solutions LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF during the fourth quarter valued at about $87,000. NBC Securities Inc. lifted its holdings in Invesco Variable Rate Investment Grade ETF by 105,360.0% during the first quarter. NBC Securities Inc. now owns 5,273 shares of the company’s stock valued at $132,000 after purchasing an additional 5,268 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 6,365.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,465 shares of the company’s stock valued at $162,000 after purchasing an additional 6,365 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Trading Up 0.1%

Shares of VRIG opened at $25.06 on Friday. The business’s 50-day moving average price is $25.04 and its 200-day moving average price is $25.08. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.79 and a twelve month high of $25.21.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were given a dividend of $0.1138 per share. This represents a $1.37 annualized dividend and a dividend yield of 5.45%. The ex-dividend date was Monday, June 23rd.

Invesco Variable Rate Investment Grade ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VRIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIGFree Report).

Institutional Ownership by Quarter for Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

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