Invesco Variable Rate Investment Grade ETF $VRIG Shares Purchased by Courier Capital LLC

Courier Capital LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 77.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 477,268 shares of the company’s stock after buying an additional 208,661 shares during the quarter. Invesco Variable Rate Investment Grade ETF comprises 2.3% of Courier Capital LLC’s portfolio, making the stock its 11th largest position. Courier Capital LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $11,944,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sound Income Strategies LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 141,100.0% in the 1st quarter. Sound Income Strategies LLC now owns 1,412 shares of the company’s stock valued at $35,000 after acquiring an additional 1,411 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 3rd quarter valued at approximately $37,000. Evolution Wealth Management Inc. bought a new position in Invesco Variable Rate Investment Grade ETF during the first quarter worth $49,000. Harbor Asset Planning Inc. bought a new position in Invesco Variable Rate Investment Grade ETF during the first quarter worth $80,000. Finally, NorthLanding Financial Partners LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the second quarter worth $131,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Invesco Variable Rate Investment Grade ETF stock traded up $0.01 during mid-day trading on Tuesday, reaching $25.07. The company’s stock had a trading volume of 897,180 shares, compared to its average volume of 528,037. The business has a 50 day moving average price of $25.07 and a 200-day moving average price of $25.07. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.00 and a twelve month 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. Investors of record on Monday, September 21st were paid a dividend of $0.0912 per share. This represents a $1.09 annualized dividend and a yield of 4.4%. 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.

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