WealthCare Investment Partners LLC Grows Stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

WealthCare Investment Partners LLC grew its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 45.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,307 shares of the company’s stock after purchasing an additional 17,348 shares during the quarter. WealthCare Investment Partners LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $1,341,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Private Advisor Group LLC grew its holdings in shares of Invesco Variable Rate Preferred ETF by 3.3% during the third quarter. Private Advisor Group LLC now owns 124,708 shares of the company’s stock valued at $3,050,000 after buying an additional 3,964 shares during the last quarter. MFA Wealth Advisors LLC grew its holdings in shares of Invesco Variable Rate Preferred ETF by 2.0% during the third quarter. MFA Wealth Advisors LLC now owns 22,976 shares of the company’s stock valued at $562,000 after buying an additional 461 shares during the last quarter. Investment Research & Advisory Group Inc. purchased a new stake in shares of Invesco Variable Rate Preferred ETF during the third quarter valued at $225,000. Burke & Herbert Bank & Trust Co. grew its holdings in shares of Invesco Variable Rate Preferred ETF by 0.8% during the third quarter. Burke & Herbert Bank & Trust Co. now owns 59,965 shares of the company’s stock valued at $1,467,000 after buying an additional 485 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco Variable Rate Preferred ETF by 3.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 69,069 shares of the company’s stock valued at $1,689,000 after buying an additional 2,612 shares during the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

Shares of VRP opened at $24.48 on Thursday. Invesco Variable Rate Preferred ETF has a 1-year low of $23.40 and a 1-year high of $24.67. The company’s fifty day moving average price is $24.32 and its 200-day moving average price 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.