120,082 Shares in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Acquired by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. bought a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the fourth quarter, Holdings Channel.com reports. The fund bought 120,082 shares of the company’s stock, valued at approximately $3,001,000.

Other large investors have also recently made changes to their positions in the company. Money Concepts Capital Corp acquired a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at approximately $236,000. Lido Advisors LLC acquired a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at approximately $240,000. Accurate Wealth Management LLC boosted its holdings in Invesco Variable Rate Investment Grade ETF by 18.1% in the fourth quarter. Accurate Wealth Management LLC now owns 10,268 shares of the company’s stock valued at $258,000 after purchasing an additional 1,574 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at approximately $262,000. Finally, WealthPlan Investment Management LLC acquired a new position in Invesco Variable Rate Investment Grade ETF in the third quarter valued at approximately $286,000.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of VRIG opened at $25.11 on Friday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.82 and a 52-week high of $25.20. The stock has a 50 day moving average price of $25.11 and a 200 day moving average price of $25.04.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were issued a $0.1341 dividend. This represents a $1.61 annualized dividend and a dividend yield of 6.41%. The ex-dividend date of this dividend was Monday, April 22nd.

Invesco Variable Rate Investment Grade ETF 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.