Boston Family Office LLC Sells 6,450 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Boston Family Office LLC trimmed its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 2.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 216,737 shares of the company’s stock after selling 6,450 shares during the quarter. Boston Family Office LLC owned about 0.32% of Invesco Variable Rate Preferred ETF worth $5,301,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Advisory Alpha LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 2.9% in the second quarter. Advisory Alpha LLC now owns 2,009,869 shares of the company’s stock valued at $48,158,000 after acquiring an additional 57,456 shares during the period. Stephens Inc. AR boosted its holdings in Invesco Variable Rate Preferred ETF by 0.4% in the 3rd quarter. Stephens Inc. AR now owns 1,414,175 shares of the company’s stock valued at $34,591,000 after purchasing an additional 5,892 shares during the period. Envestnet Asset Management Inc. grew its position in Invesco Variable Rate Preferred ETF by 18.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 969,444 shares of the company’s stock worth $23,228,000 after purchasing an additional 152,981 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Invesco Variable Rate Preferred ETF by 0.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 459,464 shares of the company’s stock worth $11,008,000 after purchasing an additional 2,673 shares during the last quarter. Finally, Evolution Wealth Advisors LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF by 3.6% during the 3rd quarter. Evolution Wealth Advisors LLC now owns 452,294 shares of the company’s stock worth $11,063,000 after purchasing an additional 15,832 shares during the period.

Invesco Variable Rate Preferred ETF Trading Up 0.2 %

NYSEARCA VRP opened at $24.40 on Monday. Invesco Variable Rate Preferred ETF has a twelve month low of $22.36 and a twelve month high of $24.67. The firm has a 50-day simple moving average of $24.47 and a 200 day simple moving average of $24.17.

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.