Avior Wealth Management LLC Purchases 354,083 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Avior Wealth Management LLC increased its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 5,268.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 360,804 shares of the company’s stock after purchasing an additional 354,083 shares during the period. Avior Wealth Management LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $9,029,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Blue Capital Inc. boosted its stake in Invesco Variable Rate Investment Grade ETF by 32.8% in the 1st quarter. Blue Capital Inc. now owns 164,202 shares of the company’s stock valued at $4,111,000 after purchasing an additional 40,589 shares during the period. PAX Financial Group LLC increased its position in Invesco Variable Rate Investment Grade ETF by 210.9% during the 1st quarter. PAX Financial Group LLC now owns 55,605 shares of the company’s stock worth $1,392,000 after buying an additional 37,722 shares during the period. Worth Asset Management LLC increased its position in Invesco Variable Rate Investment Grade ETF by 60.7% during the 1st quarter. Worth Asset Management LLC now owns 91,357 shares of the company’s stock worth $2,287,000 after buying an additional 34,508 shares during the period. Dynamic Advisor Solutions LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the second quarter worth $664,000. Finally, Advocacy Wealth Management LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the second quarter worth $2,556,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.06 on Tuesday. The firm has a 50-day moving average of $25.07 and a 200-day moving average of $25.07. Invesco Variable Rate Investment Grade ETF has a 52-week low of $25.00 and a 52-week high of $25.18.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were paid a $0.0912 dividend. This is a positive change from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.0912. The ex-dividend date was Monday, September 21st. This represents a $1.09 annualized dividend and a yield of 4.4%.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.