Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Purchased by Nilsine Partners LLC

Nilsine Partners LLC lifted its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 12.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 199,126 shares of the company’s stock after purchasing an additional 21,905 shares during the quarter. Nilsine Partners LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $4,817,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Coastline Trust Co acquired a new stake in Invesco Variable Rate Preferred ETF in the third quarter valued at approximately $142,000. Zhang Financial LLC purchased a new stake in Invesco Variable Rate Preferred ETF in the 4th quarter worth $202,000. Dynamic Advisor Solutions LLC acquired a new position in Invesco Variable Rate Preferred ETF during the third quarter worth $213,000. Proficio Capital Partners LLC lifted its holdings in Invesco Variable Rate Preferred ETF by 4.8% during the third quarter. Proficio Capital Partners LLC now owns 9,030 shares of the company’s stock valued at $221,000 after purchasing an additional 415 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the third quarter valued at about $225,000.

Invesco Variable Rate Preferred ETF Trading Up 0.1 %

VRP stock opened at $24.30 on Tuesday. Invesco Variable Rate Preferred ETF has a 12-month low of $23.32 and a 12-month high of $24.67. The business’s 50-day moving average is $24.33 and its 200 day moving average is $24.30.

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.