Raymond James Financial Services Advisors Inc. Has $883,000 Position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Raymond James Financial Services Advisors Inc. increased its position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 312.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,495 shares of the company’s stock after acquiring an additional 26,895 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.21% of Invesco Variable Rate Investment Grade ETF worth $883,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Capital Investment Advisory Services LLC acquired a new position in Invesco Variable Rate Investment Grade ETF during the 4th quarter valued at about $28,000. Advisor Group Inc. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 13.1% during the 4th quarter. Advisor Group Inc. now owns 4,348 shares of the company’s stock valued at $107,000 after purchasing an additional 503 shares in the last quarter. Whittier Trust Co. boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 145.2% during the 4th quarter. Whittier Trust Co. now owns 12,649 shares of the company’s stock valued at $311,000 after purchasing an additional 7,491 shares in the last quarter. Advisory Services Network LLC boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 2.1% during the 4th quarter. Advisory Services Network LLC now owns 38,983 shares of the company’s stock valued at $960,000 after purchasing an additional 800 shares in the last quarter. Finally, First Foundation Advisors boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 24.7% during the 4th quarter. First Foundation Advisors now owns 42,827 shares of the company’s stock valued at $1,055,000 after purchasing an additional 8,491 shares in the last quarter.

Shares of NASDAQ:VRIG traded up $0.01 during trading hours on Monday, hitting $24.88. 136,183 shares of the company’s stock traded hands, compared to its average volume of 89,856. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.56 and a 52 week high of $25.20. The company’s fifty day simple moving average is $24.91.

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Tuesday, June 25th were given a dividend of $0.067 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.80 annualized dividend and a dividend yield of 3.23%.

Featured Story: Yield Curve

Institutional Ownership by Quarter for Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

Receive News & Ratings for Invesco Variable Rate Investment Grade ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Variable Rate Investment Grade ETF and related companies with MarketBeat.com's FREE daily email newsletter.