Golden State Wealth Management LLC Purchases New Holdings in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Golden State Wealth Management LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,984 shares of the company’s stock, valued at approximately $100,000.

A number of other institutional investors also recently made changes to their positions in the business. Lunt Capital Management Inc. lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 93.9% during the fourth quarter. Lunt Capital Management Inc. now owns 847,989 shares of the company’s stock worth $21,297,000 after purchasing an additional 410,593 shares during the last quarter. Goldstone Financial Group LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF during the third quarter valued at approximately $10,015,000. Cerro Pacific Wealth Advisors LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 75.0% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 235,516 shares of the company’s stock worth $5,908,000 after buying an additional 100,937 shares during the last quarter. Beaumont Financial Advisors LLC grew its position in shares of Invesco Variable Rate Investment Grade ETF by 22.6% in the 4th quarter. Beaumont Financial Advisors LLC now owns 424,777 shares of the company’s stock worth $10,668,000 after acquiring an additional 78,184 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 90.2% in the 3rd quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock valued at $4,025,000 after acquiring an additional 76,086 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

Shares of VRIG opened at $25.14 on Monday. The business’s fifty day moving average price is $25.13 and its 200 day moving average price is $25.12. Invesco Variable Rate Investment Grade ETF has a 12-month low of $25.03 and a 12-month high of $25.24.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a $0.1141 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

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.