Signal Advisors Wealth LLC Boosts Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Signal Advisors Wealth LLC grew its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 179.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 165,445 shares of the company’s stock after acquiring an additional 106,214 shares during the quarter. Signal Advisors Wealth LLC owned about 0.28% of Invesco Variable Rate Investment Grade ETF worth $4,142,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new position in shares of Invesco Variable Rate Investment Grade ETF during the 4th quarter worth about $35,000. CoreCap Advisors LLC raised its position in Invesco Variable Rate Investment Grade ETF by 64.9% in the 4th quarter. CoreCap Advisors LLC now owns 1,824 shares of the company’s stock worth $46,000 after purchasing an additional 718 shares during the period. Aptus Capital Advisors LLC raised its position in Invesco Variable Rate Investment Grade ETF by 161.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 6,101 shares of the company’s stock worth $153,000 after purchasing an additional 3,770 shares during the period. Blair William & Co. IL lifted its stake in Invesco Variable Rate Investment Grade ETF by 5.7% in the fourth quarter. Blair William & Co. IL now owns 8,871 shares of the company’s stock worth $223,000 after purchasing an additional 476 shares during the last quarter. Finally, SHP Wealth Management bought a new stake in Invesco Variable Rate Investment Grade ETF in the fourth quarter worth about $229,000.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ:VRIG opened at $25.05 on Tuesday. The business has a 50 day simple moving average of $25.07 and a two-hundred day simple moving average of $25.10. Invesco Variable Rate Investment Grade ETF has a 1 year low of $25.00 and a 1 year high of $25.18.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be issued a dividend of $0.0919 per share. The ex-dividend date is Monday, June 22nd. This represents a c) dividend on an annualized basis 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.