Wells Fargo & Company MN Raises Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Wells Fargo & Company MN grew its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 10.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 436,741 shares of the company’s stock after acquiring an additional 43,011 shares during the quarter. Wells Fargo & Company MN’s holdings in Invesco Variable Rate Investment Grade ETF were worth $10,969,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VRIG. TAP Consulting LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 1.4% during the fourth quarter. TAP Consulting LLC now owns 44,141 shares of the company’s stock worth $1,109,000 after purchasing an additional 619 shares during the last quarter. Arete Wealth Advisors LLC increased its holdings in Invesco Variable Rate Investment Grade ETF by 2.2% in the fourth quarter. Arete Wealth Advisors LLC now owns 81,036 shares of the company’s stock valued at $2,035,000 after buying an additional 1,757 shares in the last quarter. Sequent Planning LLC lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 12.0% during the 4th quarter. Sequent Planning LLC now owns 25,068 shares of the company’s stock valued at $630,000 after acquiring an additional 2,694 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 485.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,451 shares of the company’s stock worth $87,000 after acquiring an additional 2,862 shares in the last quarter. Finally, Holderness Investments Co. grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 6.2% in the 4th quarter. Holderness Investments Co. now owns 64,420 shares of the company’s stock worth $1,618,000 after acquiring an additional 3,753 shares during the period.

Invesco Variable Rate Investment Grade ETF Trading Down 0.0 %

VRIG opened at $25.00 on Thursday. Invesco Variable Rate Investment Grade ETF has a one year low of $24.79 and a one year high of $25.24. The business’s fifty day moving average is $25.09 and its two-hundred day moving average is $25.11.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.0986 per share. The ex-dividend date was Monday, March 24th.

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.