Invesco Variable Rate Preferred ETF $VRP Position Increased by Texas Yale Capital Corp.

Texas Yale Capital Corp. grew its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 32.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 12,623 shares of the company’s stock after purchasing an additional 3,103 shares during the period. Texas Yale Capital Corp.’s holdings in Invesco Variable Rate Preferred ETF were worth $309,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. New Millennium Group LLC boosted its stake in Invesco Variable Rate Preferred ETF by 2.6% in the 2nd quarter. New Millennium Group LLC now owns 124,305 shares of the company’s stock worth $3,039,000 after purchasing an additional 3,186 shares during the period. Atria Investments Inc boosted its position in shares of Invesco Variable Rate Preferred ETF by 976.0% in the second quarter. Atria Investments Inc now owns 98,313 shares of the company’s stock worth $2,404,000 after buying an additional 89,176 shares during the period. Keybank National Association OH purchased a new position in shares of Invesco Variable Rate Preferred ETF during the second quarter valued at $241,000. Ashton Thomas Private Wealth LLC grew its holdings in shares of Invesco Variable Rate Preferred ETF by 4.2% during the second quarter. Ashton Thomas Private Wealth LLC now owns 391,247 shares of the company’s stock valued at $9,566,000 after buying an additional 15,762 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Invesco Variable Rate Preferred ETF by 11.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,462,600 shares of the company’s stock valued at $35,761,000 after buying an additional 152,363 shares during the period.

Invesco Variable Rate Preferred ETF Price Performance

Shares of Invesco Variable Rate Preferred ETF stock opened at $24.57 on Friday. Invesco Variable Rate Preferred ETF has a 1 year low of $23.03 and a 1 year high of $24.93. The stock has a 50-day moving average price of $24.70 and a 200 day moving average price of $24.46.

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.