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

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$25.08 +0.01 (+0.04 %)
(As of 06/24/2018 04:00 PM ET)
Previous Close$25.08
Today's Range$25.06 - $25.08
52-Week Range$25.06 - $25.33
Volume137,212 shs
Average Volume98,407 shs
Market Capitalization$273.20 million
P/E RatioN/A
Dividend Yield2.45%
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

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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, June 18th. Shareholders of record on Tuesday, June 19th will be given a dividend of $0.0596 per share on Friday, June 29th. This represents a $0.72 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend is Monday, June 18th. This is an increase 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 articles about VRIG stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PowerShares Variable Rate Investment Grade Portfolio earned a news sentiment score of 0.07 on Accern's scale. They also gave news articles about the company an impact score of 45.77 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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 retail and institutional 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 $25.08.

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:  2.6 out of 5 (star star)
Outperform Votes:  25 (Vote Outperform)
Underperform Votes:  23 (Vote Underperform)
Total Votes:  48
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.
This page was last updated on 6/24/2018 by MarketBeat.com Staff

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