IHT Wealth Management LLC Increases Stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

IHT Wealth Management LLC lifted its stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 63.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 76,117 shares of the company’s stock after purchasing an additional 29,610 shares during the quarter. IHT Wealth Management LLC owned about 0.18% of Invesco Variable Rate Investment Grade ETF worth $1,910,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Trademark Financial Management LLC raised its position in shares of Invesco Variable Rate Investment Grade ETF by 3.8% in 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 last quarter. Holderness Investments Co. raised its position in 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 worth $1,404,000 after buying an additional 936 shares during the last quarter. Arkadios Wealth Advisors raised its position in Invesco Variable Rate Investment Grade ETF by 4.8% during the 2nd quarter. Arkadios Wealth Advisors now owns 24,977 shares of the company’s stock worth $628,000 after buying an additional 1,155 shares during the last quarter. NBC Securities Inc. raised its position in 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 worth $129,000 after buying an additional 1,335 shares during the last quarter. Finally, Sunflower Bank N.A. raised its position in Invesco Variable Rate Investment Grade ETF by 0.3% during the 3rd quarter. Sunflower Bank N.A. now owns 515,241 shares of the company’s stock worth $12,925,000 after buying an additional 1,339 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Price Performance

VRIG opened at $25.13 on Thursday. Invesco Variable Rate Investment Grade ETF has a 12-month low of $24.87 and a 12-month high of $25.24. The firm has a 50 day moving average of $25.11 and a two-hundred day moving average of $25.13.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a dividend of $0.1204 per share. The ex-dividend date was Monday, November 18th.

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.