Stephens Inc. AR Acquires 30,698 Shares of Invesco Variable Rate Preferred ETF $VRP

Stephens Inc. AR increased its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 2.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,415,320 shares of the company’s stock after purchasing an additional 30,698 shares during the quarter. Stephens Inc. AR owned 1.54% of Invesco Variable Rate Preferred ETF worth $34,958,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. NewEdge Advisors LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 18.6% during the first quarter. NewEdge Advisors LLC now owns 16,791 shares of the company’s stock worth $407,000 after acquiring an additional 2,636 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 6.8% in the first quarter. Geneos Wealth Management Inc. now owns 11,388 shares of the company’s stock valued at $276,000 after purchasing an additional 721 shares in the last quarter. First National Corp MA ADV boosted its position in shares of Invesco Variable Rate Preferred ETF by 10.4% during the second quarter. First National Corp MA ADV now owns 114,306 shares of the company’s stock worth $2,795,000 after buying an additional 10,781 shares during the period. Diversified Trust Co bought a new position in shares of Invesco Variable Rate Preferred ETF during the second quarter worth about $376,000. Finally, Park Avenue Securities LLC acquired a new stake in Invesco Variable Rate Preferred ETF in the 2nd quarter valued at approximately $3,928,000.

Invesco Variable Rate Preferred ETF Stock Up 0.0%

NYSEARCA:VRP opened at $24.44 on Wednesday. Invesco Variable Rate Preferred ETF has a twelve month low of $23.03 and a twelve month high of $24.93. The business has a 50 day moving average price of $24.45 and a two-hundred day moving average price of $24.55.

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.