Invesco Variable Rate Investment Grade ETF Plans Monthly Dividend of $0.09 (NASDAQ:VRIG)

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) announced a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Investors of record on Monday, April 20th will be given a dividend of 0.0868 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Monday, April 20th.

Invesco Variable Rate Investment Grade ETF Stock Down 0.4%

Invesco Variable Rate Investment Grade ETF stock traded down $0.09 during midday trading on Monday, hitting $25.01. 1,574,322 shares of the company’s stock were exchanged, compared to its average volume of 470,208. Invesco Variable Rate Investment Grade ETF has a 12 month low of $24.90 and a 12 month high of $25.18. The firm has a 50-day moving average of $25.10 and a two-hundred day moving average of $25.11.

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.