WealthPLAN Partners LLC reduced its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 21.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,608 shares of the company’s stock after selling 7,990 shares during the period. WealthPLAN Partners LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $711,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Clearwater Capital Advisors LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 8.8% during the 2nd quarter. Clearwater Capital Advisors LLC now owns 544,960 shares of the company’s stock valued at $13,542,000 after acquiring an additional 44,113 shares in the last quarter. Resources Investment Advisors Inc. boosted its position in shares of Invesco Variable Rate Preferred ETF by 8.8% during the 2nd quarter. Resources Investment Advisors Inc. now owns 119,400 shares of the company’s stock valued at $2,967,000 after acquiring an additional 9,636 shares in the last quarter. Lido Advisors LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 10.0% during the 2nd quarter. Lido Advisors LLC now owns 38,379 shares of the company’s stock valued at $953,000 after acquiring an additional 3,483 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Invesco Variable Rate Preferred ETF by 13.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 560,004 shares of the company’s stock valued at $13,915,000 after acquiring an additional 67,859 shares in the last quarter. Finally, Stephens Inc. AR boosted its position in shares of Invesco Variable Rate Preferred ETF by 128.8% during the 2nd quarter. Stephens Inc. AR now owns 306,070 shares of the company’s stock valued at $7,606,000 after acquiring an additional 172,275 shares in the last quarter.

Shares of Invesco Variable Rate Preferred ETF stock traded up $0.06 during trading on Wednesday, hitting $25.07. 8,439 shares of the company’s stock traded hands, compared to its average volume of 387,867. Invesco Variable Rate Preferred ETF has a twelve month low of $24.71 and a twelve month high of $26.13.

The firm also recently announced a monthly dividend, which was paid on Friday, August 31st. Stockholders of record on Tuesday, August 21st were given a dividend of $0.0911 per share. This is a positive change from Invesco Variable Rate Preferred ETF’s previous monthly dividend of $0.09. This represents a $1.09 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend was Monday, August 20th.

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Institutional Ownership by Quarter for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

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