Cherry Creek Investment Advisors Inc. Purchases 62,428 Shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Cherry Creek Investment Advisors Inc. raised its position in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 11.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 625,042 shares of the company’s stock after buying an additional 62,428 shares during the period. Invesco Variable Rate Investment Grade ETF comprises about 7.7% of Cherry Creek Investment Advisors Inc.’s holdings, making the stock its largest holding. Cherry Creek Investment Advisors Inc. owned about 1.31% of Invesco Variable Rate Investment Grade ETF worth $15,698,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VRIG. Raymond James & Associates boosted its stake in shares of Invesco Variable Rate Investment Grade ETF by 90.2% in the third quarter. Raymond James & Associates now owns 160,470 shares of the company’s stock valued at $4,025,000 after purchasing an additional 76,086 shares during the period. HighTower Advisors LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 12.4% during the 3rd quarter. HighTower Advisors LLC now owns 580,746 shares of the company’s stock worth $14,576,000 after buying an additional 63,859 shares in the last quarter. Resurgent Financial Advisors LLC boosted its position in Invesco Variable Rate Investment Grade ETF by 2.6% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock valued at $532,000 after buying an additional 534 shares during the period. Benjamin Edwards Inc. acquired a new position in shares of Invesco Variable Rate Investment Grade ETF in the third quarter worth $1,639,000. Finally, Cerro Pacific Wealth Advisors LLC increased its position in shares of Invesco Variable Rate Investment Grade ETF by 4.4% during the third quarter. Cerro Pacific Wealth Advisors LLC now owns 134,579 shares of the company’s stock worth $3,383,000 after acquiring an additional 5,668 shares during the period.

Invesco Variable Rate Investment Grade ETF Trading Down 0.0 %

NASDAQ:VRIG opened at $25.09 on Tuesday. Invesco Variable Rate Investment Grade ETF has a 12-month low of $25.03 and a 12-month high of $25.24. The stock has a fifty day moving average price of $25.13 and a 200 day moving average price of $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

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

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.