404,841 Shares in Invesco Variable Rate Preferred ETF $VRP Purchased by Matthew Goff Investment Advisor LLC

Matthew Goff Investment Advisor LLC bought a new position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) during the 1st quarter, Holdings Channel reports. The firm bought 404,841 shares of the company’s stock, valued at approximately $9,708,000. Invesco Variable Rate Preferred ETF makes up 1.6% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its stake in shares of Invesco Variable Rate Preferred ETF by 4.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 182,295 shares of the company’s stock worth $4,435,000 after acquiring an additional 7,154 shares in the last quarter. World Investment Advisors purchased a new position in Invesco Variable Rate Preferred ETF in the 4th quarter valued at approximately $396,000. Evolve Private Wealth LLC acquired a new position in Invesco Variable Rate Preferred ETF during the fourth quarter worth $542,000. AQR Capital Management LLC raised its holdings in Invesco Variable Rate Preferred ETF by 11.9% during the fourth quarter. AQR Capital Management LLC now owns 22,611 shares of the company’s stock worth $550,000 after purchasing an additional 2,411 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in Invesco Variable Rate Preferred ETF by 1.5% during the fourth quarter. Cetera Investment Advisers now owns 183,908 shares of the company’s stock worth $4,474,000 after purchasing an additional 2,666 shares in the last quarter.

Invesco Variable Rate Preferred ETF Trading Down 0.6%

VRP opened at $24.28 on Tuesday. Invesco Variable Rate Preferred ETF has a one year low of $23.71 and a one year high of $24.93. The business’s fifty day moving average is $24.34 and its two-hundred day moving average is $24.35.

Invesco Variable Rate Preferred ETF Company Profile

The Invesco Variable Rate Preferred ETF (VRP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of variable- and floating-rate preferred stocks. VRP was launched on May 1, 2014 and is managed by Invesco.