177,834 Shares in Invesco Variable Rate Preferred ETF $VRP Purchased by Eagle Harbor Asset Management Inc. ADV

Eagle Harbor Asset Management Inc. ADV bought a new position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 177,834 shares of the company’s stock, valued at approximately $4,216,000. Invesco Variable Rate Preferred ETF accounts for 3.2% of Eagle Harbor Asset Management Inc. ADV’s portfolio, making the stock its 6th largest holding. Eagle Harbor Asset Management Inc. ADV owned 0.14% of Invesco Variable Rate Preferred ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VRP. Stephens Inc. AR boosted its position in shares of Invesco Variable Rate Preferred ETF by 4.6% in the 1st quarter. Stephens Inc. AR now owns 1,478,797 shares of the company’s stock worth $35,462,000 after purchasing an additional 64,978 shares during the last quarter. Insight Wealth Strategies LLC bought a new stake in Invesco Variable Rate Preferred ETF in the second quarter valued at about $22,654,000. Sanctuary Advisors LLC increased its holdings in Invesco Variable Rate Preferred ETF by 6.5% in the first quarter. Sanctuary Advisors LLC now owns 417,981 shares of the company’s stock valued at $10,023,000 after purchasing an additional 25,629 shares during the last quarter. Matthew Goff Investment Advisor LLC bought a new stake in Invesco Variable Rate Preferred ETF in the first quarter valued at about $9,708,000. Finally, Janney Montgomery Scott LLC increased its holdings in Invesco Variable Rate Preferred ETF by 13.5% in the first quarter. Janney Montgomery Scott LLC now owns 393,325 shares of the company’s stock valued at $9,432,000 after purchasing an additional 46,747 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

Invesco Variable Rate Preferred ETF stock opened at $23.53 on Wednesday. The business has a 50-day moving average of $23.95 and a 200-day moving average of $24.18. Invesco Variable Rate Preferred ETF has a 1 year low of $23.47 and a 1 year high of $24.85.

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.