Asset Allocation Strategies LLC Has $2.73 Million Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Asset Allocation Strategies LLC increased its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 502.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,011 shares of the company’s stock after acquiring an additional 90,920 shares during the period. Asset Allocation Strategies LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $2,729,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Richmond Investment Services LLC increased its holdings in Invesco Variable Rate Investment Grade ETF by 2.3% during the 4th quarter. Richmond Investment Services LLC now owns 21,303 shares of the company’s stock valued at $535,000 after purchasing an additional 471 shares in the last quarter. Blair William & Co. IL boosted 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 in the last quarter. Global Retirement Partners LLC grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 3.8% during the fourth quarter. Global Retirement Partners LLC now owns 15,452 shares of the company’s stock worth $388,000 after purchasing an additional 568 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 1.9% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 31,570 shares of the company’s stock worth $792,000 after purchasing an additional 585 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in shares of Invesco Variable Rate Investment Grade ETF by 2.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 21,722 shares of the company’s stock valued at $545,000 after buying an additional 619 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of NASDAQ:VRIG opened at $25.06 on Monday. The business has a fifty day moving average of $25.07 and a 200-day moving average of $25.09. 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 Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.0919 per share. The ex-dividend date of this dividend was 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.