Benjamin Edwards Inc. Sells 440 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Benjamin Edwards Inc. trimmed its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 0.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,705 shares of the company’s stock after selling 440 shares during the quarter. Benjamin Edwards Inc. owned approximately 0.09% of Invesco Variable Rate Preferred ETF worth $1,407,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Thoroughbred Financial Services LLC grew its position in Invesco Variable Rate Preferred ETF by 3.9% during the second quarter. Thoroughbred Financial Services LLC now owns 11,533 shares of the company’s stock valued at $276,000 after buying an additional 435 shares during the period. Ausdal Financial Partners Inc. boosted its position in shares of Invesco Variable Rate Preferred ETF by 0.9% in the second quarter. Ausdal Financial Partners Inc. now owns 55,842 shares of the company’s stock worth $1,338,000 after purchasing an additional 482 shares during the period. MFA Wealth Advisors LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 2.2% in the second quarter. MFA Wealth Advisors LLC now owns 22,515 shares of the company’s stock worth $539,000 after purchasing an additional 490 shares during the period. J. W. Coons Advisors LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 2.8% in the fourth quarter. J. W. Coons Advisors LLC now owns 28,465 shares of the company’s stock worth $657,000 after purchasing an additional 780 shares during the period. Finally, MGO One Seven LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 3.1% in the second quarter. MGO One Seven LLC now owns 33,544 shares of the company’s stock worth $804,000 after purchasing an additional 998 shares during the period.

Invesco Variable Rate Preferred ETF Trading Up 0.5 %

VRP opened at $24.64 on Friday. Invesco Variable Rate Preferred ETF has a 1-year low of $21.60 and a 1-year high of $24.65. The company has a 50 day simple moving average of $24.13 and a two-hundred day simple moving average of $23.90.

About Invesco Variable Rate Preferred ETF

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.