Invesco Variable Rate Investment Grade ETF $VRIG Shares Purchased by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC raised its holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 194.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 173,737 shares of the company’s stock after purchasing an additional 114,722 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $4,350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Invesco Ltd. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 26.5% during the 4th quarter. Invesco Ltd. now owns 13,338,402 shares of the company’s stock worth $334,794,000 after buying an additional 2,790,286 shares in the last quarter. Auour Investments LLC acquired a new position in Invesco Variable Rate Investment Grade ETF during the first quarter worth $7,360,000. Morgan Stanley raised 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 worth $56,388,000 after acquiring an additional 205,031 shares in the last quarter. Harfst & Associates Inc. raised its position in Invesco Variable Rate Investment Grade ETF by 140.2% in the fourth quarter. Harfst & Associates Inc. now owns 344,096 shares of the company’s stock worth $8,637,000 after acquiring an additional 200,845 shares in the last quarter. Finally, E6 Portfolios LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF in the fourth quarter valued at $4,513,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Invesco Variable Rate Investment Grade ETF stock opened at $25.08 on Tuesday. Invesco Variable Rate Investment Grade ETF has a one year low of $25.00 and a one year high of $25.18. The business has a fifty day moving average of $25.07 and a two-hundred day moving average of $25.09.

Invesco Variable Rate Investment Grade ETF Announces Dividend

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

Invesco Variable Rate Investment Grade ETF 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.