42,000 Shares in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Bought by Hickory Asset Management Inc.

Hickory Asset Management Inc. purchased a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 42,000 shares of the company’s stock, valued at approximately $1,055,000. Hickory Asset Management Inc. owned about 0.09% of Invesco Variable Rate Investment Grade ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VRIG. Golden State Wealth Management LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at $100,000. NBC Securities Inc. raised its position 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 valued at $129,000 after buying an additional 1,335 shares during the last quarter. Concorde Asset Management LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at $202,000. Kingswood Wealth Advisors LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at $241,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at $292,000.

Invesco Variable Rate Investment Grade ETF Price Performance

NASDAQ VRIG opened at $25.17 on Friday. The business has a fifty day simple moving average of $25.13 and a 200 day simple moving average of $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 announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.1141 per share. The ex-dividend date 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.