TAP Consulting LLC Purchases 521 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

TAP Consulting LLC boosted its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 1.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,952 shares of the company’s stock after purchasing an additional 521 shares during the quarter. TAP Consulting LLC owned about 0.13% of Invesco Variable Rate Investment Grade ETF worth $1,073,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco Variable Rate Investment Grade ETF by 10.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 101,383 shares of the company’s stock worth $2,534,000 after buying an additional 9,358 shares in the last quarter. WealthPlan Investment Management LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the 3rd quarter worth approximately $286,000. WNY Asset Management LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the 3rd quarter worth approximately $572,000. Lunt Capital Management Inc. bought a new position in shares of Invesco Variable Rate Investment Grade ETF during the fourth quarter worth approximately $2,764,000. Finally, Atria Wealth Solutions Inc. raised its position in shares of Invesco Variable Rate Investment Grade ETF by 98.8% in the third quarter. Atria Wealth Solutions Inc. now owns 307,094 shares of the company’s stock valued at $7,660,000 after buying an additional 152,598 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Trading Up 0.1 %

NASDAQ:VRIG traded up $0.02 during trading hours on Thursday, reaching $25.08. 191,650 shares of the company were exchanged, compared to its average volume of 308,189. The business has a 50 day moving average of $25.11 and a 200 day moving average of $25.04. Invesco Variable Rate Investment Grade ETF has a 1-year low of $24.77 and a 1-year high of $25.20.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd will be issued a dividend of $0.1341 per share. This represents a $1.61 annualized dividend and a dividend yield of 6.42%. The ex-dividend date is Monday, April 22nd.

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.