Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Shares Purchased by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC raised its holdings in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 22.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 424,777 shares of the company’s stock after buying an additional 78,184 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $10,668,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VRIG. NBC Securities Inc. raised its holdings in Invesco Variable Rate Investment Grade ETF by 34.7% in the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock valued at $129,000 after buying an additional 1,335 shares during the period. Concorde Asset Management LLC purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth approximately $202,000. Farther Finance Advisors LLC purchased a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at $375,000. Inspire Advisors LLC lifted its stake in Invesco Variable Rate Investment Grade ETF by 44.3% during the third quarter. Inspire Advisors LLC now owns 16,494 shares of the company’s stock worth $414,000 after purchasing an additional 5,063 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its position in shares of Invesco Variable Rate Investment Grade ETF by 57.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 19,099 shares of the company’s stock valued at $479,000 after buying an additional 6,948 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Down 0.4 %

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.08 on Wednesday. Invesco Variable Rate Investment Grade ETF has a 12 month low of $25.00 and a 12 month high of $25.24. The firm’s fifty day simple moving average is $25.13 and its 200-day simple moving average is $25.13.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 24th. Investors of record on Tuesday, January 21st will be issued a dividend of $0.1141 per share. The ex-dividend date is Tuesday, January 21st.

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.