Comprehensive Money Management Services LLC Sells 750 Shares of Invesco Variable Rate Preferred ETF $VRP

Comprehensive Money Management Services LLC reduced its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 4.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,212 shares of the company’s stock after selling 750 shares during the period. Comprehensive Money Management Services LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $396,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. raised its holdings in Invesco Variable Rate Preferred ETF by 5.9% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 93,841 shares of the company’s stock valued at $2,275,000 after buying an additional 5,240 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Invesco Variable Rate Preferred ETF by 13.3% during the first quarter. Envestnet Asset Management Inc. now owns 1,310,237 shares of the company’s stock valued at $31,760,000 after buying an additional 153,679 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Invesco Variable Rate Preferred ETF by 2.3% in the first quarter. Janney Montgomery Scott LLC now owns 300,144 shares of the company’s stock worth $7,276,000 after purchasing an additional 6,822 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco Variable Rate Preferred ETF by 5.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 188,339 shares of the company’s stock worth $4,565,000 after purchasing an additional 10,015 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of Invesco Variable Rate Preferred ETF by 135.9% in the first quarter. Farther Finance Advisors LLC now owns 15,407 shares of the company’s stock worth $374,000 after purchasing an additional 8,876 shares during the period.

Invesco Variable Rate Preferred ETF Trading Down 0.4%

Invesco Variable Rate Preferred ETF stock opened at $24.66 on Friday. The business’s 50-day simple moving average is $24.66 and its 200-day simple moving average is $24.34. Invesco Variable Rate Preferred ETF has a 52 week low of $23.03 and a 52 week high of $24.93.

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.