Fort Sheridan Advisors LLC Decreases Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Fort Sheridan Advisors LLC reduced its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 12.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,700 shares of the company’s stock after selling 3,000 shares during the period. Fort Sheridan Advisors LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $501,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VRP. Boyd Watterson Asset Management LLC OH acquired a new stake in Invesco Variable Rate Preferred ETF in the 4th quarter valued at about $27,000. Coastline Trust Co purchased a new position in shares of Invesco Variable Rate Preferred ETF during the 3rd quarter worth approximately $142,000. Zhang Financial LLC acquired a new position in shares of Invesco Variable Rate Preferred ETF during the 4th quarter worth approximately $202,000. Partners Wealth Management LLC purchased a new stake in Invesco Variable Rate Preferred ETF in the 4th quarter valued at approximately $212,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in Invesco Variable Rate Preferred ETF during the 4th quarter valued at $219,000.

Invesco Variable Rate Preferred ETF Price Performance

Invesco Variable Rate Preferred ETF stock opened at $24.40 on Friday. Invesco Variable Rate Preferred ETF has a fifty-two week low of $23.40 and a fifty-two week high of $24.67. The stock has a fifty day moving average of $24.31 and a two-hundred day moving average of $24.37.

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.