Calton & Associates Inc. Boosts Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Calton & Associates Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 289.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 46,350 shares of the company’s stock after buying an additional 34,436 shares during the period. Calton & Associates Inc. owned about 0.11% of Invesco Variable Rate Investment Grade ETF worth $1,163,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of VRIG. Oppenheimer & Co. Inc. boosted its position in Invesco Variable Rate Investment Grade ETF by 11.8% during the first quarter. Oppenheimer & Co. Inc. now owns 19,000 shares of the company’s stock worth $477,000 after purchasing an additional 2,000 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the first quarter worth about $2,682,000. Atria Wealth Solutions Inc. raised its position in shares of Invesco Variable Rate Investment Grade ETF by 1.2% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 279,731 shares of the company’s stock worth $7,032,000 after purchasing an additional 3,197 shares during the last quarter. Holderness Investments Co. lifted its stake in Invesco Variable Rate Investment Grade ETF by 1.7% in the 2nd quarter. Holderness Investments Co. now owns 55,836 shares of the company’s stock valued at $1,404,000 after buying an additional 936 shares in the last quarter. Finally, ICA Group Wealth Management LLC boosted its holdings in Invesco Variable Rate Investment Grade ETF by 651.0% in the 2nd quarter. ICA Group Wealth Management LLC now owns 85,424 shares of the company’s stock worth $2,148,000 after buying an additional 74,049 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Down 0.0 %

NASDAQ VRIG traded down $0.01 during mid-day trading on Tuesday, hitting $25.06. The stock had a trading volume of 13,257 shares, compared to its average volume of 295,983. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.85 and a twelve month high of $25.24. The firm’s 50 day moving average is $25.12 and its 200 day moving average is $25.14.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, October 21st will be paid a $0.12 dividend. This represents a $1.44 annualized dividend and a dividend yield of 5.75%. The ex-dividend date is Monday, October 21st.

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.