Invesco Variable Rate Preferred ETF $VRP Shares Purchased by Boston Family Office LLC

Boston Family Office LLC boosted its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 4.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 243,581 shares of the company’s stock after acquiring an additional 10,288 shares during the quarter. Boston Family Office LLC owned 0.28% of Invesco Variable Rate Preferred ETF worth $5,955,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VRP. Bank of New York Mellon Corp grew its stake in shares of Invesco Variable Rate Preferred ETF by 3.8% during the 1st quarter. Bank of New York Mellon Corp now owns 24,989 shares of the company’s stock worth $606,000 after purchasing an additional 911 shares during the period. Harbour Investments Inc. boosted its holdings in Invesco Variable Rate Preferred ETF by 58.2% during the first quarter. Harbour Investments Inc. now owns 4,490 shares of the company’s stock worth $109,000 after buying an additional 1,652 shares in the last quarter. Beta Wealth Group Inc. grew its position in Invesco Variable Rate Preferred ETF by 77.2% during the first quarter. Beta Wealth Group Inc. now owns 87,425 shares of the company’s stock valued at $2,119,000 after buying an additional 38,095 shares during the period. Atria Wealth Solutions Inc. increased its holdings in Invesco Variable Rate Preferred ETF by 15.4% in the first quarter. Atria Wealth Solutions Inc. now owns 29,872 shares of the company’s stock valued at $724,000 after buying an additional 3,990 shares in the last quarter. Finally, Endowment Wealth Management Inc. increased its holdings in Invesco Variable Rate Preferred ETF by 5.1% in the first quarter. Endowment Wealth Management Inc. now owns 11,689 shares of the company’s stock valued at $283,000 after buying an additional 569 shares in the last quarter.

Invesco Variable Rate Preferred ETF Trading Up 0.2%

Shares of Invesco Variable Rate Preferred ETF stock opened at $24.43 on Monday. The firm has a 50-day simple moving average of $24.63 and a two-hundred day simple moving average of $24.52. Invesco Variable Rate Preferred ETF has a fifty-two week low of $23.03 and a fifty-two week high of $24.93.

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.