Wealthcare Advisory Partners LLC Grows Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Wealthcare Advisory Partners LLC grew its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 6.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 512,330 shares of the company’s stock after purchasing an additional 31,866 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $12,859,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. CoreCap Advisors LLC increased its stake in Invesco Variable Rate Investment Grade ETF by 64.9% in the 4th quarter. CoreCap Advisors LLC now owns 1,824 shares of the company’s stock worth $46,000 after buying an additional 718 shares during the period. Aptus Capital Advisors LLC grew its stake in Invesco Variable Rate Investment Grade ETF by 161.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 6,101 shares of the company’s stock worth $153,000 after acquiring an additional 3,770 shares in the last quarter. Private Trust Co. NA grew its stake in Invesco Variable Rate Investment Grade ETF by 155.5% in the 3rd quarter. Private Trust Co. NA now owns 6,285 shares of the company’s stock worth $158,000 after acquiring an additional 3,825 shares in the last quarter. Kraematon Investment Advisors Inc. purchased a new position in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth approximately $209,000. Finally, PAX Financial Group LLC purchased a new position in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth approximately $212,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Invesco Variable Rate Investment Grade ETF stock opened at $25.02 on Friday. The company has a 50 day moving average price of $25.11 and a 200-day moving average price of $25.11. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.79 and a fifty-two week high of $25.18.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.0931 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.