131,454 Shares in Invesco Variable Rate Investment Grade ETF $VRIG Bought by Prairie Advisory LLC

Prairie Advisory LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 131,454 shares of the company’s stock, valued at approximately $3,290,000. Prairie Advisory LLC owned 0.17% of Invesco Variable Rate Investment Grade ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of New York Mellon Corp boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 79.6% during the 1st quarter. Bank of New York Mellon Corp now owns 1,781,949 shares of the company’s stock worth $44,611,000 after acquiring an additional 789,612 shares during the period. Cetera Investment Advisers increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 24.9% during the 1st quarter. Cetera Investment Advisers now owns 543,151 shares of the company’s stock worth $13,598,000 after acquiring an additional 108,220 shares during the last quarter. Wealthcare Advisory Partners LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 5.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 536,030 shares of the company’s stock valued at $13,438,000 after acquiring an additional 26,109 shares during the period. Courier Capital LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 77.7% in the 3rd quarter. Courier Capital LLC now owns 477,268 shares of the company’s stock valued at $11,944,000 after acquiring an additional 208,661 shares during the period. Finally, Avior Wealth Management LLC raised its stake in Invesco Variable Rate Investment Grade ETF by 5,268.3% in the 3rd quarter. Avior Wealth Management LLC now owns 360,804 shares of the company’s stock valued at $9,029,000 after acquiring an additional 354,083 shares during the period.

Invesco Variable Rate Investment Grade ETF Trading Down 0.4%

Invesco Variable Rate Investment Grade ETF stock traded down $0.10 during mid-day trading on Monday, hitting $24.98. 236,915 shares of the company’s stock traded hands, compared to its average volume of 529,776. The firm has a 50 day simple moving average of $25.07 and a two-hundred day simple moving average of $25.07. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.98 and a fifty-two week high of $25.18.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Monday, October 19th will be given a $0.0938 dividend. The ex-dividend date of this dividend is Monday, October 19th. This is a boost from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.0912. This represents a $1.13 annualized dividend and a dividend yield of 4.5%.

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