Corient Private Wealth LLC Buys New Shares in Invesco Variable Rate Investment Grade ETF $VRIG

Corient Private Wealth LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 141,838 shares of the company’s stock, valued at approximately $3,560,000. Corient Private Wealth LLC owned approximately 0.26% of Invesco Variable Rate Investment Grade ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. KMG Fiduciary Partners LLC increased its stake in shares of Invesco Variable Rate Investment Grade ETF by 32.8% during the fourth quarter. KMG Fiduciary Partners LLC now owns 231,516 shares of the company’s stock worth $5,811,000 after buying an additional 57,137 shares during the period. Laffer Tengler Investments Inc. lifted its stake in Invesco Variable Rate Investment Grade ETF by 118.3% in the third quarter. Laffer Tengler Investments Inc. now owns 189,370 shares of the company’s stock worth $4,753,000 after acquiring an additional 102,628 shares during the last quarter. Vectors Research Management LLC lifted its stake in Invesco Variable Rate Investment Grade ETF by 8.6% in the fourth quarter. Vectors Research Management LLC now owns 342,509 shares of the company’s stock worth $8,597,000 after acquiring an additional 27,154 shares during the last quarter. Cherry Creek Investment Advisors Inc. grew its holdings in Invesco Variable Rate Investment Grade ETF by 3.1% during the 4th quarter. Cherry Creek Investment Advisors Inc. now owns 696,853 shares of the company’s stock worth $17,491,000 after acquiring an additional 21,021 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in Invesco Variable Rate Investment Grade ETF by 19.2% during the 4th quarter. HighTower Advisors LLC now owns 398,615 shares of the company’s stock worth $10,005,000 after acquiring an additional 64,308 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of VRIG opened at $25.06 on Friday. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.00 and a twelve month high of $25.18. The firm’s fifty day simple moving average is $25.07 and its 200-day simple moving average is $25.09.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.0919 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, June 22nd.

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.