Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Purchased by Calton & Associates Inc.

Calton & Associates Inc. boosted its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 47.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,914 shares of the company’s stock after purchasing an additional 3,850 shares during the quarter. Calton & Associates Inc.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $300,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VRIG. TAP Consulting LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 1.2% during the 4th quarter. TAP Consulting LLC now owns 42,952 shares of the company’s stock valued at $1,073,000 after purchasing an additional 521 shares in the last quarter. Vima LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 4th quarter valued at $30,000. Arkadios Wealth Advisors boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 6.0% during the 1st quarter. Arkadios Wealth Advisors now owns 23,822 shares of the company’s stock worth $598,000 after acquiring an additional 1,338 shares in the last quarter. Accurate Wealth Management LLC lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 16.9% during the first quarter. Accurate Wealth Management LLC now owns 12,000 shares of the company’s stock valued at $302,000 after purchasing an additional 1,732 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 11.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 19,000 shares of the company’s stock valued at $477,000 after purchasing an additional 2,000 shares during the period.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ VRIG traded up $0.03 on Friday, hitting $25.17. 1,653,768 shares of the company were exchanged, compared to its average volume of 315,003. Invesco Variable Rate Investment Grade ETF has a twelve month low of $24.85 and a twelve month high of $25.24. The company’s 50 day moving average price is $25.15 and its 200-day moving average price is $25.13.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 26th. Investors of record on Monday, July 22nd were given a $0.128 dividend. This represents a $1.54 annualized dividend and a dividend yield of 6.10%. The ex-dividend date of this dividend was Monday, July 22nd. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.12.

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.