Stratos Investment Management LLC Takes Position in Invesco Variable Rate Investment Grade ETF $VRIG

Stratos Investment Management LLC bought a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 46,550 shares of the company’s stock, valued at approximately $1,168,000. Stratos Investment Management LLC owned 0.09% of Invesco Variable Rate Investment Grade ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in Invesco Variable Rate Investment Grade ETF during the first quarter worth approximately $1,235,000. Empirical Asset Management LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF during the 2nd quarter valued at $201,000. Vectors Research Management LLC lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 25.7% during the 2nd quarter. Vectors Research Management LLC now owns 317,682 shares of the company’s stock valued at $7,958,000 after acquiring an additional 65,023 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 2.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 39,747 shares of the company’s stock worth $996,000 after acquiring an additional 879 shares in the last quarter. Finally, Trademark Financial Management LLC grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 9.1% in the 2nd quarter. Trademark Financial Management LLC now owns 31,171 shares of the company’s stock worth $781,000 after acquiring an additional 2,589 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Up 0.0%

Shares of NASDAQ VRIG opened at $25.16 on Thursday. Invesco Variable Rate Investment Grade ETF has a 12 month low of $24.79 and a 12 month high of $25.19. The business has a fifty day simple moving average of $25.12 and a 200-day simple moving average of $25.11.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.0998 dividend. The ex-dividend date was Tuesday, January 20th. This is a positive change from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 4.8%.

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.