Golden State Wealth Management LLC Makes New $100,000 Investment in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Golden State Wealth Management LLC acquired a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,984 shares of the company’s stock, valued at approximately $100,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. NBC Securities Inc. boosted its stake in Invesco Variable Rate Investment Grade ETF by 34.7% in the 3rd quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock worth $129,000 after buying an additional 1,335 shares during the last quarter. Concorde Asset Management LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the third quarter worth approximately $202,000. Kingswood Wealth Advisors LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the fourth quarter valued at approximately $241,000. Farther Finance Advisors LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the third quarter valued at approximately $375,000. Finally, Inspire Advisors LLC increased its position in Invesco Variable Rate Investment Grade ETF by 44.3% during the third quarter. Inspire Advisors LLC now owns 16,494 shares of the company’s stock worth $414,000 after purchasing an additional 5,063 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Trading Up 0.1 %

Shares of VRIG opened at $25.14 on Monday. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $25.03 and a fifty-two week high of $25.24. The company’s fifty day moving average is $25.13 and its two-hundred day moving average is $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a $0.1141 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

About Invesco Variable Rate Investment Grade ETF

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.