Fiduciary Alliance LLC Increases Stock Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Fiduciary Alliance LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 113,963 shares of the company’s stock after acquiring an additional 14,080 shares during the period. Fiduciary Alliance LLC owned approximately 0.25% of Invesco Variable Rate Investment Grade ETF worth $2,862,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Resurgent Financial Advisors LLC grew its holdings in Invesco Variable Rate Investment Grade ETF by 2.6% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock worth $532,000 after buying an additional 534 shares in the last quarter. Trademark Financial Management LLC increased its position in shares of Invesco Variable Rate Investment Grade ETF by 3.8% during the 3rd quarter. Trademark Financial Management LLC now owns 21,745 shares of the company’s stock valued at $545,000 after purchasing an additional 786 shares during the period. Holderness Investments Co. increased its position in shares of Invesco Variable Rate Investment Grade ETF by 1.7% during the 2nd quarter. Holderness Investments Co. now owns 55,836 shares of the company’s stock valued at $1,404,000 after purchasing an additional 936 shares during the period. NBC Securities Inc. increased its position in shares of Invesco Variable Rate Investment Grade ETF by 34.7% during the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock valued at $129,000 after purchasing an additional 1,335 shares during the period. Finally, Sunflower Bank N.A. grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 0.3% in the 3rd quarter. Sunflower Bank N.A. now owns 515,241 shares of the company’s stock worth $12,925,000 after acquiring an additional 1,339 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of NASDAQ VRIG remained flat at $25.16 during mid-day trading on Monday. The company had a trading volume of 57,748 shares, compared to its average volume of 634,370. The business has a fifty day moving average price of $25.13 and a 200-day moving average price of $25.12. Invesco Variable Rate Investment Grade ETF has a twelve month low of $25.00 and a twelve month high of $25.24.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.1325 dividend. The ex-dividend date was Monday, December 23rd. This is a boost from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.12.

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.