Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Stock Holdings Boosted by Cherry Creek Investment Advisors Inc.

Cherry Creek Investment Advisors Inc. lifted its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 11.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 625,042 shares of the company’s stock after acquiring an additional 62,428 shares during the quarter. Invesco Variable Rate Investment Grade ETF makes up about 7.7% of Cherry Creek Investment Advisors Inc.’s investment portfolio, making the stock its biggest position. Cherry Creek Investment Advisors Inc.’s holdings in Invesco Variable Rate Investment Grade ETF were worth $15,698,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of VRIG. Goldstone Financial Group LLC purchased a new position in shares of Invesco Variable Rate Investment Grade ETF during the third quarter worth approximately $10,015,000. Cerro Pacific Wealth Advisors LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 75.0% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 235,516 shares of the company’s stock worth $5,908,000 after purchasing an additional 100,937 shares during the period. Beaumont Financial Advisors LLC boosted its stake in Invesco Variable Rate Investment Grade ETF by 22.6% during the 4th quarter. Beaumont Financial Advisors LLC now owns 424,777 shares of the company’s stock worth $10,668,000 after purchasing an additional 78,184 shares during the period. Raymond James & Associates grew its position in Invesco Variable Rate Investment Grade ETF by 90.2% during the 3rd quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock worth $4,025,000 after purchasing an additional 76,086 shares during the last quarter. Finally, Benjamin Edwards Inc. acquired a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at $1,639,000.

Invesco Variable Rate Investment Grade ETF Trading Down 0.0 %

Shares of VRIG opened at $25.09 on Tuesday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $25.03 and a fifty-two week high of $25.24. The firm has a 50-day simple moving average of $25.13 and a 200-day simple moving average of $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were given a dividend of $0.1141 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

About Invesco Variable Rate Investment Grade ETF

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.