NASDAQ:VRIG - PowerShares Variable Rate Investment Grade Portfolio Stock Price, Price Target & More

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$25.1299 +0.00 (+0.00 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$25.1290
Today's Range$25.12 - $25.13
52-Week Range$25.06 - $25.33
Volume47,502 shs
Average Volume106,364 shs
Market Capitalization$273.20 million
P/E RatioN/A
Dividend Yield2.39%
BetaN/A

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Basic Details

Issuer Invesco PowerShares
Fund NamePowerShares Variable Rate Investment Grade Portfolio
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:VRIG
Inception Date9/22/2016
Fund ManagerPeter Hubbard, Jeffrey W. Kernagis, Ken Purnell, Brian P. Norris, Jason Marshall, John R. Craddock, Mario Clemente, Philip Armstrong
WebN/A
PhoneN/A

Fund Focus

Asset ClassFixed Income
BenchmarkNot Applicable
CategoryBroad Debt
FocusInvestment Grade
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$286.94 million
Average Daily Volume$90,006.00
Discount/Premium0.16%

ETF Expenses

Management Fee0.30%
Other Expenses0.00%
Total Expenses0.30%
Fee Waiver0.00%
Net Expenses0.30%

Administrator, Advisor and Custodian

AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco PowerShares Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerRBC Capital Markets

PowerShares Variable Rate Investment Grade Portfolio (NASDAQ:VRIG) Frequently Asked Questions

What is PowerShares Variable Rate Investment Grade Portfolio's stock symbol?

PowerShares Variable Rate Investment Grade Portfolio trades on the NASDAQ under the ticker symbol "VRIG."

How often does PowerShares Variable Rate Investment Grade Portfolio pay dividends? What is the dividend yield for PowerShares Variable Rate Investment Grade Portfolio?

PowerShares Variable Rate Investment Grade Portfolio announced a monthly dividend on Monday, May 21st. Shareholders of record on Tuesday, May 22nd will be paid a dividend of $0.0579 per share on Thursday, May 31st. This represents a $0.70 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date is Monday, May 21st. This is a positive change from PowerShares Variable Rate Investment Grade Portfolio's previous monthly dividend of $0.06. View PowerShares Variable Rate Investment Grade Portfolio's Dividend History.

Has PowerShares Variable Rate Investment Grade Portfolio been receiving favorable news coverage?

News coverage about VRIG stock has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PowerShares Variable Rate Investment Grade Portfolio earned a news impact score of 0.18 on Accern's scale. They also gave news articles about the company an impact score of 47.20 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are PowerShares Variable Rate Investment Grade Portfolio's major shareholders?

PowerShares Variable Rate Investment Grade Portfolio's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Royal Bank of Canada (2.50%), Holderness Investments Co. (1.79%), Tortoise Investment Management LLC (1.77%), Stifel Financial Corp (1.13%), RFG Advisory Group LLC (0.97%) and Cambridge Investment Research Advisors Inc. (0.54%). View Institutional Ownership Trends for PowerShares Variable Rate Investment Grade Portfolio.

Which major investors are buying PowerShares Variable Rate Investment Grade Portfolio stock?

VRIG stock was purchased by a variety of institutional investors in the last quarter, including Tortoise Investment Management LLC, Royal Bank of Canada, RFG Advisory Group LLC, Whittier Trust Co., Holderness Investments Co., LPL Financial LLC, Cambridge Investment Research Advisors Inc. and BB&T Securities LLC. View Insider Buying and Selling for PowerShares Variable Rate Investment Grade Portfolio.

How do I buy shares of PowerShares Variable Rate Investment Grade Portfolio?

Shares of VRIG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is PowerShares Variable Rate Investment Grade Portfolio's stock price today?

One share of VRIG stock can currently be purchased for approximately $25.1299.

How big of a company is PowerShares Variable Rate Investment Grade Portfolio?

PowerShares Variable Rate Investment Grade Portfolio has a market capitalization of $273.20 million.


MarketBeat Community Rating for PowerShares Variable Rate Investment Grade Portfolio (VRIG)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  24 (Vote Outperform)
Underperform Votes:  20 (Vote Underperform)
Total Votes:  44
MarketBeat's community ratings are surveys of what our community members think about PowerShares Variable Rate Investment Grade Portfolio and other stocks. Vote "Outperform" if you believe VRIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRIG will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

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Earnings

Dividends

PowerShares Variable Rate Investment Grade Portfolio (NASDAQ:VRIG) Dividend Information

PowerShares Variable Rate Investment Grade Portfolio pays an annual dividend of $0.60 per share, with a dividend yield of 2.39%. VRIG's next monthly dividend payment will be made on Thursday, May 31.
Next Dividend:5/31/2018
Annual Dividend:$0.60
Dividend Yield:2.39%
Payout Ratio(s):N/A
Dividend Payments by Quarter for PowerShares Variable Rate Investment Grade Portfolio (NASDAQ:VRIG)

PowerShares Variable Rate Investment Grade Portfolio (NASDAQ:VRIG) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/21/2018monthly$0.05792.77%5/21/20185/22/20185/31/2018
4/23/2018monthly$0.05602.67%4/23/20184/24/20184/30/2018
3/19/2018monthly$0.05252.51%3/19/20183/20/20183/29/2018
2/20/2018monthly$0.05042.4%2/20/20182/21/20182/28/2018
1/22/2018monthly$0.04892.33%1/22/20181/23/20181/31/2018
12/18/2017monthly$0.05502.62%12/18/201712/19/201712/29/2017
(Data available from 1/1/2013 forward)

Insider Trades

Headlines

PowerShares Variable Rate Investment Grade Portfolio (NASDAQ VRIG) News Headlines

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SEC Filings

PowerShares Variable Rate Investment Grade Portfolio (NASDAQ:VRIG) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

PowerShares Variable Rate Investment Grade Portfolio (NASDAQ VRIG) Stock Chart for Friday, May, 25, 2018

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This page was last updated on 5/25/2018 by MarketBeat.com Staff

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