Signal Advisors Wealth LLC Raises Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Signal Advisors Wealth LLC increased its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 179.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 165,445 shares of the company’s stock after purchasing an additional 106,214 shares during the period. Signal Advisors Wealth LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $4,142,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new stake in Invesco Variable Rate Investment Grade ETF in the fourth quarter worth about $35,000. CoreCap Advisors LLC grew its holdings in Invesco Variable Rate Investment Grade ETF by 64.9% during the 4th quarter. CoreCap Advisors LLC now owns 1,824 shares of the company’s stock worth $46,000 after acquiring an additional 718 shares in the last quarter. Aptus Capital Advisors LLC increased its position in Invesco Variable Rate Investment Grade ETF by 161.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 6,101 shares of the company’s stock valued at $153,000 after purchasing an additional 3,770 shares during the period. Blair William & Co. IL increased its position in Invesco Variable Rate Investment Grade ETF by 5.7% during the 4th quarter. Blair William & Co. IL now owns 8,871 shares of the company’s stock valued at $223,000 after purchasing an additional 476 shares during the period. Finally, SHP Wealth Management bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at about $229,000.

Invesco Variable Rate Investment Grade ETF Stock Down 0.3%

Shares of VRIG opened at $25.05 on Tuesday. The company has a 50 day moving average price of $25.07 and a 200-day moving average price of $25.10. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $25.00 and a fifty-two week high of $25.18.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be paid a $0.0919 dividend. The ex-dividend date of this dividend is Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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. VRIG was launched on Sep 22, 2016 and is managed by Invesco.