Cambridge Investment Research Advisors Inc. Sells 10,207 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Cambridge Investment Research Advisors Inc. cut its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRPFree Report) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 89,298 shares of the company’s stock after selling 10,207 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.14% of Invesco Variable Rate Preferred ETF worth $2,061,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRP. Sound Income Strategies LLC bought a new position in shares of Invesco Variable Rate Preferred ETF during the fourth quarter valued at approximately $69,000. Fifth Third Bancorp boosted its stake in shares of Invesco Variable Rate Preferred ETF by 99.3% during the fourth quarter. Fifth Third Bancorp now owns 8,700 shares of the company’s stock valued at $201,000 after purchasing an additional 4,335 shares in the last quarter. Everpar Advisors LLC bought a new position in shares of Invesco Variable Rate Preferred ETF during the fourth quarter valued at approximately $244,000. Belpointe Asset Management LLC boosted its stake in shares of Invesco Variable Rate Preferred ETF by 22.6% during the third quarter. Belpointe Asset Management LLC now owns 11,350 shares of the company’s stock valued at $254,000 after purchasing an additional 2,090 shares in the last quarter. Finally, Blair William & Co. IL boosted its stake in shares of Invesco Variable Rate Preferred ETF by 8.0% during the third quarter. Blair William & Co. IL now owns 11,534 shares of the company’s stock valued at $258,000 after purchasing an additional 859 shares in the last quarter.

Invesco Variable Rate Preferred ETF Trading Up 0.4 %

NYSEARCA VRP opened at $23.94 on Tuesday. Invesco Variable Rate Preferred ETF has a 52-week low of $21.60 and a 52-week high of $23.99. The firm’s 50 day moving average price is $23.72 and its 200-day moving average price is $23.40.

About Invesco Variable Rate Preferred ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

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