Simplicity Wealth LLC Buys 65,522 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Simplicity Wealth LLC boosted its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 286.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,375 shares of the company’s stock after acquiring an additional 65,522 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $2,212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC lifted its position in Invesco Variable Rate Investment Grade ETF by 141,100.0% in the first quarter. Sound Income Strategies LLC now owns 1,412 shares of the company’s stock valued at $35,000 after purchasing an additional 1,411 shares during the last quarter. PNC Financial Services Group Inc. purchased a new stake in shares of Invesco Variable Rate Investment Grade ETF during the fourth quarter valued at approximately $35,000. CoreCap Advisors LLC grew its holdings in shares of Invesco Variable Rate Investment Grade ETF by 64.9% in the fourth quarter. CoreCap Advisors LLC now owns 1,824 shares of the company’s stock worth $46,000 after purchasing an additional 718 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Invesco Variable Rate Investment Grade ETF in the first quarter worth approximately $49,000. Finally, Harbor Asset Planning Inc. purchased a new position in shares of Invesco Variable Rate Investment Grade ETF in the first quarter worth $80,000.

Invesco Variable Rate Investment Grade ETF Stock Up 0.0%

Shares of NASDAQ VRIG traded up $0.01 during mid-day trading on Friday, hitting $25.10. The stock had a trading volume of 275,777 shares, compared to its average volume of 478,281. The business has a 50 day moving average price of $25.08 and a two-hundred day moving average price of $25.09. Invesco Variable Rate Investment Grade ETF has a 1 year low of $25.00 and a 1 year high of $25.18.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

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

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.