Wagner Wealth Management LLC Purchases 22,716 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Wagner Wealth Management LLC boosted its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 13.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 187,005 shares of the company’s stock after acquiring an additional 22,716 shares during the period. Invesco Variable Rate Investment Grade ETF accounts for 1.2% of Wagner Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. Wagner Wealth Management LLC owned approximately 0.39% of Invesco Variable Rate Investment Grade ETF worth $4,697,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Lunt Capital Management Inc. raised its holdings in Invesco Variable Rate Investment Grade ETF by 93.9% in the 4th quarter. Lunt Capital Management Inc. now owns 847,989 shares of the company’s stock worth $21,297,000 after purchasing an additional 410,593 shares in the last quarter. Goldstone Financial Group LLC purchased a new position in shares of Invesco Variable Rate Investment Grade ETF during the third quarter valued at about $10,015,000. Cerro Pacific Wealth Advisors LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 75.0% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 235,516 shares of the company’s stock worth $5,908,000 after buying an additional 100,937 shares in the last quarter. Beaumont Financial Advisors LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 22.6% in the fourth quarter. Beaumont Financial Advisors LLC now owns 424,777 shares of the company’s stock worth $10,668,000 after buying an additional 78,184 shares during the period. Finally, Raymond James & Associates boosted its position in Invesco Variable Rate Investment Grade ETF by 90.2% during the 3rd quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock valued at $4,025,000 after acquiring an additional 76,086 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.14 on Monday. Invesco Variable Rate Investment Grade ETF has a 52 week low of $25.03 and a 52 week high of $25.24. The business has a 50 day moving average of $25.13 and a 200-day moving average of $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were issued a dividend of $0.1141 per share. The ex-dividend date was Tuesday, January 21st.

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.