Invesco Variable Rate Investment Grade ETF $VRIG Shares Purchased by Blue Capital Inc.

Blue Capital Inc. grew its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 32.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 164,202 shares of the company’s stock after purchasing an additional 40,589 shares during the quarter. Invesco Variable Rate Investment Grade ETF makes up about 2.7% of Blue Capital Inc.’s holdings, making the stock its 6th biggest position. Blue Capital Inc. owned 0.28% of Invesco Variable Rate Investment Grade ETF worth $4,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Invesco Ltd. grew its position in shares of Invesco Variable Rate Investment Grade ETF by 26.5% in the 4th quarter. Invesco Ltd. now owns 13,338,402 shares of the company’s stock valued at $334,794,000 after buying an additional 2,790,286 shares during the last quarter. Morgan Stanley lifted its position in Invesco Variable Rate Investment Grade ETF by 10.0% in the fourth quarter. Morgan Stanley now owns 2,246,537 shares of the company’s stock valued at $56,388,000 after acquiring an additional 205,031 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Invesco Variable Rate Investment Grade ETF by 5.6% in the fourth quarter. Osaic Holdings Inc. now owns 1,085,090 shares of the company’s stock valued at $27,237,000 after acquiring an additional 58,015 shares in the last quarter. Fiduciary Planning LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 1.4% in the fourth quarter. Fiduciary Planning LLC now owns 977,936 shares of the company’s stock valued at $24,546,000 after acquiring an additional 13,816 shares in the last quarter. Finally, Stifel Financial Corp grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 5.1% during the fourth quarter. Stifel Financial Corp now owns 842,362 shares of the company’s stock worth $21,143,000 after purchasing an additional 40,954 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

VRIG opened at $25.08 on Friday. The business’s 50-day simple moving average is $25.08 and its 200-day simple moving average is $25.09. Invesco Variable Rate Investment Grade ETF has a one year low of $25.00 and a one year high of $25.18.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.0919 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, June 22nd.

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.