Segall Bryant & Hamill LLC Purchases 1,058 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Segall Bryant & Hamill LLC lifted its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 5.1% during the fourth quarter, Holdings Channel reports. The firm owned 21,920 shares of the company’s stock after acquiring an additional 1,058 shares during the period. Segall Bryant & Hamill LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $530,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. LPL Financial LLC grew its stake in Invesco Variable Rate Preferred ETF by 47.7% in the 4th quarter. LPL Financial LLC now owns 2,098,397 shares of the company’s stock valued at $50,760,000 after purchasing an additional 677,991 shares during the period. Stephens Inc. AR boosted its holdings in shares of 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 worth $34,638,000 after buying an additional 17,757 shares during the last quarter. HighTower Advisors LLC grew its position in Invesco Variable Rate Preferred ETF by 11.5% during the fourth quarter. HighTower Advisors LLC now owns 953,200 shares of the company’s stock valued at $23,058,000 after buying an additional 98,336 shares during the period. Spectrum Asset Management Inc. increased its holdings in Invesco Variable Rate Preferred ETF by 1,293.9% during the fourth quarter. Spectrum Asset Management Inc. now owns 863,487 shares of the company’s stock worth $20,888,000 after buying an additional 801,539 shares during the last quarter. Finally, Ocean Park Asset Management LLC raised its position in Invesco Variable Rate Preferred ETF by 54.1% in the fourth quarter. Ocean Park Asset Management LLC now owns 610,200 shares of the company’s stock worth $14,761,000 after acquiring an additional 214,300 shares during the period.

Invesco Variable Rate Preferred ETF Trading Down 0.0 %

VRP opened at $24.26 on Friday. Invesco Variable Rate Preferred ETF has a twelve month low of $23.40 and a twelve month high of $24.67. The company’s 50-day moving average price is $24.35 and its two-hundred day moving average price is $24.39.

Invesco Variable Rate Preferred ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.1031 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Invesco Variable Rate Preferred ETF Company 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.