Concorde Asset Management LLC Buys Shares of 8,064 Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Concorde Asset Management LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,064 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Advisors Asset Management Inc. increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 57.2% in the third quarter. Advisors Asset Management Inc. now owns 19,099 shares of the company’s stock worth $479,000 after purchasing an additional 6,948 shares during the period. Kovack Advisors Inc. increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 1.3% in the third quarter. Kovack Advisors Inc. now owns 155,960 shares of the company’s stock worth $3,912,000 after purchasing an additional 2,000 shares during the period. Oppenheimer & Co. Inc. increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 15.4% in the third quarter. Oppenheimer & Co. Inc. now owns 30,000 shares of the company’s stock worth $753,000 after purchasing an additional 4,000 shares during the period. Trademark Financial Management LLC grew its position in Invesco Variable Rate Investment Grade ETF by 3.8% in the third quarter. Trademark Financial Management LLC now owns 21,745 shares of the company’s stock worth $545,000 after acquiring an additional 786 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in Invesco Variable Rate Investment Grade ETF in the third quarter worth $375,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ:VRIG opened at $25.08 on Friday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.87 and a 52-week high of $25.24. The firm has a fifty day moving average of $25.12 and a 200 day moving average of $25.13.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

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

Invesco Variable Rate Investment Grade ETF Company 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.