Diversify Wealth Management LLC Has $301,000 Stock Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Diversify Wealth Management LLC grew its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 40.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,391 shares of the company’s stock after buying an additional 3,573 shares during the period. Diversify Wealth Management LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $301,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. increased its stake in shares of Invesco Variable Rate Preferred ETF by 5.1% in the first quarter. Oppenheimer & Co. Inc. now owns 29,256 shares of the company’s stock valued at $695,000 after buying an additional 1,418 shares during the period. CWM LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 14.4% during the 3rd quarter. CWM LLC now owns 31,991 shares of the company’s stock valued at $783,000 after purchasing an additional 4,038 shares in the last quarter. Truist Financial Corp boosted its position in shares of Invesco Variable Rate Preferred ETF by 2.4% during the 2nd quarter. Truist Financial Corp now owns 17,776 shares of the company’s stock valued at $426,000 after purchasing an additional 421 shares in the last quarter. Tidal Investments LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 8.9% during the 1st quarter. Tidal Investments LLC now owns 74,798 shares of the company’s stock valued at $1,778,000 after purchasing an additional 6,142 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Invesco Variable Rate Preferred ETF by 18.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 969,444 shares of the company’s stock valued at $23,228,000 after purchasing an additional 152,981 shares in the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

Shares of Invesco Variable Rate Preferred ETF stock opened at $24.40 on Friday. Invesco Variable Rate Preferred ETF has a one year low of $21.89 and a one year high of $24.67. The stock’s 50-day moving average is $24.43 and its 200 day moving average is $24.07.

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.