21,771 Shares in Invesco Variable Rate Investment Grade ETF $VRIG Purchased by Flow Traders U.S. LLC

Flow Traders U.S. LLC bought a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the second quarter, HoldingsChannel reports. The institutional investor bought 21,771 shares of the company’s stock, valued at approximately $545,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco Variable Rate Investment Grade ETF by 258.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,477 shares of the company’s stock worth $112,000 after purchasing an additional 3,227 shares during the last quarter. Traub Capital Management LLC bought a new position in Invesco Variable Rate Investment Grade ETF during the second quarter valued at $197,000. Empirical Asset Management LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the second quarter worth $201,000. IronOak Wealth LLC. purchased a new stake in Invesco Variable Rate Investment Grade ETF in the second quarter worth $202,000. Finally, Kingsview Wealth Management LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the second quarter valued at $217,000.

Invesco Variable Rate Investment Grade ETF Trading Up 0.1%

VRIG stock opened at $25.12 on Thursday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.79 and a fifty-two week high of $25.21. The stock has a fifty day moving average of $25.10 and a 200-day moving average of $25.10.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Monday, November 24th were given a dividend of $0.1042 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, November 24th.

Invesco Variable Rate Investment Grade ETF 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.