Whittier Trust Co. of Nevada Inc. Has $976,000 Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Whittier Trust Co. of Nevada Inc. cut its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 9.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,365 shares of the company’s stock after selling 4,410 shares during the quarter. Whittier Trust Co. of Nevada Inc. owned about 0.06% of Invesco Variable Rate Preferred ETF worth $976,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Stephens Inc. AR increased its holdings in shares of Invesco Variable Rate Preferred ETF by 1.3% during the 4th quarter. Stephens Inc. AR now owns 1,431,932 shares of the company’s stock worth $34,638,000 after acquiring an additional 17,757 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF by 11.5% during the 4th quarter. HighTower Advisors LLC now owns 953,200 shares of the company’s stock worth $23,058,000 after acquiring an additional 98,336 shares during the last quarter. Spectrum Asset Management Inc. increased its holdings in shares of Invesco Variable Rate Preferred ETF by 1,293.9% during the 4th quarter. Spectrum Asset Management Inc. now owns 863,487 shares of the company’s stock worth $20,888,000 after acquiring an additional 801,539 shares during the last quarter. Ocean Park Asset Management LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF by 54.1% during the 4th 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 last quarter. Finally, Benjamin Edwards Inc. increased its holdings in shares of Invesco Variable Rate Preferred ETF by 814.2% during the 3rd quarter. Benjamin Edwards Inc. now owns 536,706 shares of the company’s stock worth $13,128,000 after acquiring an additional 478,001 shares during the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

VRP stock opened at $24.41 on Friday. The business’s 50 day simple moving average is $24.34 and its 200 day simple moving average is $24.39. Invesco Variable Rate Preferred ETF has a 1-year low of $23.40 and a 1-year high of $24.67.

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.