Global Retirement Partners LLC Acquires 1,612 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Global Retirement Partners LLC lifted its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,985 shares of the company’s stock after buying an additional 1,612 shares during the period. Global Retirement Partners LLC owned approximately 0.06% of Invesco Variable Rate Preferred ETF worth $967,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in VRP. Stephens Inc. AR raised its holdings in Invesco Variable Rate Preferred ETF by 1.3% in the 4th quarter. Stephens Inc. AR now owns 1,431,932 shares of the company’s stock valued at $34,638,000 after acquiring an additional 17,757 shares in the last quarter. Spectrum Asset Management Inc. raised its stake in Invesco Variable Rate Preferred ETF by 1,293.9% in the fourth quarter. Spectrum Asset Management Inc. now owns 863,487 shares of the company’s stock valued at $20,888,000 after purchasing an additional 801,539 shares in the last quarter. HighTower Advisors LLC lifted its position in Invesco Variable Rate Preferred ETF by 16.9% during the third quarter. HighTower Advisors LLC now owns 854,864 shares of the company’s stock worth $20,909,000 after purchasing an additional 123,324 shares during the period. Ocean Park Asset Management LLC grew its stake in Invesco Variable Rate Preferred ETF by 54.1% during the fourth quarter. Ocean Park Asset Management LLC now owns 610,200 shares of the company’s stock worth $14,761,000 after buying an additional 214,300 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in Invesco Variable Rate Preferred ETF by 814.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 536,706 shares of the company’s stock valued at $13,128,000 after buying an additional 478,001 shares during the period.

Invesco Variable Rate Preferred ETF Stock Performance

Shares of NYSEARCA:VRP opened at $24.49 on Friday. The firm has a 50 day moving average of $24.32 and a 200-day moving average of $24.35. Invesco Variable Rate Preferred ETF has a 12 month low of $23.40 and a 12 month high of $24.67.

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.