Simplicity Wealth LLC Grows Stock Holdings in Invesco Variable Rate Investment Grade ETF $VRIG

Simplicity Wealth LLC grew its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 286.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 88,375 shares of the company’s stock after purchasing an additional 65,522 shares during the period. Simplicity Wealth LLC owned about 0.15% of Invesco Variable Rate Investment Grade ETF worth $2,212,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRIG. Jane Street Group LLC purchased a new position in shares of Invesco Variable Rate Investment Grade ETF during the 1st quarter valued at about $1,235,000. JPMorgan Chase & Co. grew its position in Invesco Variable Rate Investment Grade ETF by 64.1% during the second quarter. JPMorgan Chase & Co. now owns 37,912 shares of the company’s stock valued at $950,000 after acquiring an additional 14,805 shares during the last quarter. First Trust Advisors LP grew its position in Invesco Variable Rate Investment Grade ETF by 4.8% during the second quarter. First Trust Advisors LP now owns 117,855 shares of the company’s stock valued at $2,952,000 after acquiring an additional 5,351 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 6.4% during the second quarter. NewEdge Advisors LLC now owns 27,320 shares of the company’s stock worth $684,000 after acquiring an additional 1,641 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 26.3% during the second quarter. Raymond James Financial Inc. now owns 385,708 shares of the company’s stock worth $9,662,000 after acquiring an additional 80,277 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Trading Up 0.0%

Shares of VRIG traded up $0.01 during mid-day trading on Friday, reaching $25.10. The company’s stock had a trading volume of 275,777 shares, compared to its average volume of 478,281. Invesco Variable Rate Investment Grade ETF has a 52 week low of $25.00 and a 52 week high of $25.18. The company’s fifty day moving average price is $25.08 and its two-hundred day moving average price is $25.09.

Invesco Variable Rate Investment Grade ETF Announces Dividend

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

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.