Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Bought by Goldstone Financial Group LLC

Goldstone Financial Group LLC boosted its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 7.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,395 shares of the company’s stock after buying an additional 4,408 shares during the period. Goldstone Financial Group LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $1,485,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. CWM LLC grew its stake in Invesco Variable Rate Preferred ETF by 14.4% during the 3rd quarter. CWM LLC now owns 31,991 shares of the company’s stock valued at $783,000 after acquiring an additional 4,038 shares in the last quarter. Truist Financial Corp grew its position in shares of Invesco Variable Rate Preferred ETF by 2.4% in the second quarter. Truist Financial Corp now owns 17,776 shares of the company’s stock valued at $426,000 after purchasing an additional 421 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Invesco Variable Rate Preferred ETF by 18.7% in the second quarter. Envestnet Asset Management Inc. now owns 969,444 shares of the company’s stock valued at $23,228,000 after purchasing an additional 152,981 shares in the last quarter. Advisory Alpha LLC boosted its stake in Invesco Variable Rate Preferred ETF by 2.9% during the second quarter. Advisory Alpha LLC now owns 2,009,869 shares of the company’s stock worth $48,158,000 after buying an additional 57,456 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 0.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 459,464 shares of the company’s stock valued at $11,008,000 after buying an additional 2,673 shares in the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

Shares of VRP opened at $24.28 on Friday. Invesco Variable Rate Preferred ETF has a 52-week low of $23.20 and a 52-week high of $24.67. The stock has a fifty day simple moving average of $24.36 and a two-hundred day simple moving average of $24.29.

Invesco Variable Rate Preferred ETF 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.