NewEdge Advisors LLC Increases Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

NewEdge Advisors LLC lifted its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 25,072.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,244 shares of the company’s stock after acquiring an additional 71,957 shares during the quarter. NewEdge Advisors LLC owned 0.11% of Invesco Variable Rate Preferred ETF worth $1,731,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of VRP. Advisory Alpha LLC grew its position in shares of Invesco Variable Rate Preferred ETF by 5.4% during the 1st quarter. Advisory Alpha LLC now owns 1,952,413 shares of the company’s stock valued at $46,411,000 after acquiring an additional 100,897 shares during the period. Envestnet Asset Management Inc. grew its stake in Invesco Variable Rate Preferred ETF by 18.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 969,444 shares of the company’s stock valued at $23,228,000 after buying an additional 152,981 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake 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. Commonwealth Equity Services LLC raised its holdings in Invesco Variable Rate Preferred ETF by 161.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 449,304 shares of the company’s stock valued at $10,680,000 after acquiring an additional 277,685 shares during the period. Finally, Evolution Wealth Advisors LLC lifted its position in shares of Invesco Variable Rate Preferred ETF by 0.3% during the first quarter. Evolution Wealth Advisors LLC now owns 436,032 shares of the company’s stock worth $10,364,000 after acquiring an additional 1,137 shares in the last quarter.

Invesco Variable Rate Preferred ETF Trading Up 0.0 %

Shares of NYSEARCA VRP opened at $24.48 on Friday. Invesco Variable Rate Preferred ETF has a fifty-two week low of $21.60 and a fifty-two week high of $24.66. The stock has a fifty day moving average of $24.24 and a 200-day moving average of $23.97.

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.