Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC grew its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 12.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 580,746 shares of the company’s stock after purchasing an additional 63,859 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $14,576,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. NBC Securities Inc. boosted its position in Invesco Variable Rate Investment Grade ETF by 34.7% in the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock valued at $129,000 after buying an additional 1,335 shares during the period. Concorde Asset Management LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the third quarter valued at $202,000. Inspire Advisors LLC purchased a new position in Invesco Variable Rate Investment Grade ETF in the second quarter valued at $287,000. Calton & Associates Inc. grew its stake in Invesco Variable Rate Investment Grade ETF by 47.7% during the 2nd quarter. Calton & Associates Inc. now owns 11,914 shares of the company’s stock worth $300,000 after purchasing an additional 3,850 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF during the 3rd quarter worth about $375,000.

Invesco Variable Rate Investment Grade ETF Stock Up 0.1 %

VRIG stock opened at $25.16 on Friday. The business’s 50-day moving average is $25.11 and its two-hundred day moving average is $25.13. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.87 and a 1 year high of $25.24.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were issued a $0.1204 dividend. The ex-dividend date was Monday, November 18th.

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.