Wealthcare Advisory Partners LLC Purchases 30,409 Shares of Invesco Variable Rate Preferred ETF $VRP

Wealthcare Advisory Partners LLC raised its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 13.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 255,599 shares of the company’s stock after acquiring an additional 30,409 shares during the quarter. Wealthcare Advisory Partners LLC owned about 0.26% of Invesco Variable Rate Preferred ETF worth $6,219,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Accel Wealth Management boosted its position in shares of Invesco Variable Rate Preferred ETF by 143.8% during the 3rd quarter. Accel Wealth Management now owns 52,703 shares of the company’s stock valued at $1,302,000 after purchasing an additional 31,086 shares in the last quarter. Nilsine Partners LLC increased its holdings in Invesco Variable Rate Preferred ETF by 12.1% in the third quarter. Nilsine Partners LLC now owns 253,514 shares of the company’s stock worth $6,262,000 after purchasing an additional 27,434 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco Variable Rate Preferred ETF by 20.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 146,993 shares of the company’s stock worth $3,594,000 after purchasing an additional 24,609 shares in the last quarter. Franklin Resources Inc. lifted its stake in Invesco Variable Rate Preferred ETF by 57,016.9% in the second quarter. Franklin Resources Inc. now owns 169,066 shares of the company’s stock valued at $4,134,000 after buying an additional 168,770 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Invesco Variable Rate Preferred ETF by 47.8% in the third quarter. JPMorgan Chase & Co. now owns 1,737,992 shares of the company’s stock valued at $42,928,000 after buying an additional 561,811 shares during the period.

Invesco Variable Rate Preferred ETF Stock Performance

Invesco Variable Rate Preferred ETF stock opened at $23.73 on Friday. Invesco Variable Rate Preferred ETF has a 52-week low of $23.03 and a 52-week high of $24.93. The stock’s 50 day moving average price is $24.37 and its two-hundred day moving average price is $24.50.

Invesco Variable Rate Preferred ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.1019 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Monday, February 23rd.

Invesco Variable Rate Preferred ETF Company 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.