TAP Consulting LLC Buys 619 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

TAP Consulting LLC boosted its stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 1.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 44,141 shares of the company’s stock after acquiring an additional 619 shares during the quarter. TAP Consulting LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $1,109,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VRIG. Golden State Wealth Management LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at $100,000. Concorde Asset Management LLC acquired a new position in Invesco Variable Rate Investment Grade ETF in the 3rd quarter worth about $202,000. Truist Financial Corp bought a new position in Invesco Variable Rate Investment Grade ETF in the fourth quarter valued at about $208,000. SageOak Financial LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the fourth quarter valued at about $222,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF during the fourth quarter worth about $241,000.

Invesco Variable Rate Investment Grade ETF Trading Up 0.0 %

Shares of NASDAQ VRIG opened at $25.15 on Thursday. The company has a 50 day simple moving average of $25.13 and a 200 day simple moving average of $25.13. Invesco Variable Rate Investment Grade ETF has a 1 year low of $25.04 and a 1 year high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were issued a dividend of $0.1041 per share. The ex-dividend date was Monday, February 24th.

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.